The problem with Appendix Q is twofold: It is difficult to comply with due to its technicality and it limits self-employed borrowers’ access to credit…
The share price of Fannie Mae and Freddie Mac common had been in the tank all summer but last week spiked upwards on the news that the Treasury Department plan to recap-and-release the two is now (reportedly) on the desk of Larry Kudlow...
Even though the preferred stock purchase agreement between the GSEs and the Treasury Department limits Fannie’s and Freddie’s capital reserves to $3 billion each, FHFA still requires the enterprises to undergo the stress test evaluation each year…
One GSE-related question that hasn’t been answered yet: If a recap and release plan becomes a reality, will Congress end the $600,000 pay cap on GSE CEO compensation?
From fiscal 2010-2016, FHA sold roughly 111,000 troubled loans to private investors, including nonprofits, through DASP. In addition, GAO found that FHA did not routinely assess outcomes…