The debate over how to end the conservatorships of Fannie Mae and Freddie Mac hinges on whether rating services would downgrade the GSEs if they exit without an explicit government guarantee.

More and more industry insiders believe the Trump administration will attempt to release Fannie and Freddie from conservatorship.

The non-agency market could gain from a reduction in GSE loan limits, revision in capital requirements for banks and updated requirements for publicly registered securitizations.

Mike Calhoun touts turning the GSEs into public utilities and using the government’s stake in them to address the homeownership gap.

The White House responded quickly to SCOTUS’ Wednesday ruling that the FHFA director can be fired at will. Within hours, Mark Calabria was shown the door and Sandra Thompson was appointed acting chief.

In an interview with IM&A, former Treasury official Craig Phillips says capitalize the GSEs and let them go.

Prepayment speeds are dropping on agency MBS but there could be choppy waters ahead on VA IRRRLs. For now, VA is staying quiet.

Analysts argue that resolutions plans for the GSEs are purely theoretical devices because the government will never let them fail.

As the clock winds down on the Trump White House, the GSE regulator continues to pull levers. Just not the big one. Credit: Steve Mnuchin.

A new White House and a new Treasury secretary means exactly what for Fannie and Freddie? We’re about to find out...