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January 3, 2014

What We’re Hearing: QM is Almost Here, Now Let us Pray / A New Subprime Lender Emerges / 130 Billion Reasons Why Uncle Sam Loves Fannie and Freddie / Mortgage Executive to Run for Congress

By Paul Muolo

Just how important are Fannie Mae and Freddie Mac to the revenue picture of the U.S. government? According to calculations from The Collingwood Group, a Washington-based consulting firm, GSE dividends in 2013 will be the fourth largest source of federal revenue.

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Poll

Who should make the ultimate decision in resolving the future of Fannie Mae and Freddie Mac?

Congress
FHFA
Treasury
I wish we had another option, but we don’t.

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