It’s only a matter of time before the Treasury Department unveils its GSE re-form blueprint to White House insiders. But which advisory firm will assist Treasury in selling a new class of Fannie/Freddie stock to the public?
Is the long-awaited boom in mortgage mergers and acquisitions finally here? The sale of RoundPoint to Freedom Mortgage is sparking hope, but a villain has appeared: falling interest rates.
Freedom Mortgage plans to buy RoundPoint Mortgage. But how will the corporate debt ratings of Freedom be affected? Fitch Ratings, for one, isn’t worried but the purchase price has not yet been publicly disclosed.