Since he was appointed by President Trump as FHFA’s leader, Pulte has revamped board membership at the GSEs and fired Freddie’s CEO.

Because they’re currently in conservatorship, S&P still rates GSE senior debt as if it were the sovereign credit of the U.S., at AA+.

Pershing Square founder Bill Ackman says both GSEs could exit conservatorship by the end of 2027 if certain assumptions are met.

A number of Democrats in the Senate demanded that Pulte appoint qualified independent board members to bring the GSEs back into compliance with the law.

Reperforming loans sold by Fannie had an unpaid principal balance of $558.7 million.

FHFA's move alleviates industry concerns of duplicative oversight of lender compliance with unfair or deceptive acts or practices requirements.

Freddie President Michael Hutchins will step in as interim CEO.

Christopher Stanley, a security engineer at SpaceX, is the first member of Elon Musk’s Department of Government Efficiency to join a GSE board.

The Federal Reserve remains on track to cut the federal funds rate only one time this year, according to Mike Fratantoni, an executive vice president and chief economist at the Mortgage Bankers Association.

Anthony Hsieh, chairman, founder and controlling shareholder of loanDepot, is returning to senior leadership as executive chairman of mortgage originations at the nonbank.