Fannie and Freddie continued to meet FHFA's strategic goals: maintaining credit access, preventing foreclosures, reducing taxpayer risks and building securitization infrastructure.
The new hire is part of the growing link between the agency, HUD, and the White House. Whether that’s a political asset or a liability remains to be seen.
Fannie Mae and Freddie Mac in the first quarter of 2019 earned a combined net income of roughly $3.8 billion — all of which is likely to be sent as dividend to the Treasury Department.
Several large banks seek damages from the federal regulator for failing to protect them from lawsuits related to the sale of RMBS and the subprime disaster.
The Urban Institute says mortgage servicing compensation has been largely overlooked in the debate over housing-finance reform even though it plays a critical role.