The share price of Fannie Mae and Freddie Mac common has taken a nosedive since the fall, dropping by almost 50 percent, while leaving speculators twisting in the wind and sitting on potentially hundreds of millions of dollars in losses. The reason for the slow but steady decline is hardly surprising: Reform of the government-sponsored enterprises by legislators appears to be a long shot at this point. Moreover, there’s increasing talk in Washington that an “administrative solution” to ...

An estimated $1.148 trillion of home-purchase mortgages were originated in 2017, a 10.7 percent increase from the prior year.

Loans in Tennessee account for the largest portion of the portfolio at 28 percent…

The American Enterprise Institute this week released a proposal to gradually eliminate Fannie Mae and Freddie Mac through administrative action and reform the FHA program. Many of its recommendations could be implemented by the Federal Housing Finance Agency director that President Trump can nominate early next year.

At last check, Fannie common was selling for $1.62 a share, Freddie $1.57.

Pete Carroll, an executive at CoreLogic, noted that many Democrats in Congress will not support a housing finance reform bill unless such provisions are included.

In January, the government-sponsored enterprises and Ginnie placed their guarantees on $102.48 billion of new single-family MBS, a modest 6.9 percent decline from December.

As might be expected, the American Enterprise Institute wants to eliminate Fannie Mae and Freddie Mac…

Is the White House listening to the AEI on GSE reform?

The bulk of the holdings are in Alt A mortgages purchased/guaranteed by the GSEs...