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GSEs

Fannie Mae names new head of single family and acting general counsel

Bill Pulte, Fannie Mae, Government Lending, GSEs, HWmember, Mortgage, People Movers, Trump administration /

Fannie Mae on Friday announced the promotion of two long-time employees to lead its Single-Family business and general counsel’s office. “We are pleased to announce the promotion of Fannie Mae seasoned veterans Jake Williamson to acting head of single-family and Tom Klein to acting general counsel. These highly respected leaders will help lead the company […]

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Former economic leaders Cohn and Summers warn on U.S. fiscal path

Debt, Federal Reserve, Government Lending, GSEs, Housing Market, HWmember, Mortgage, Mortgage Bankers Association, Politics, White House /

Top former U.S. economic leaders, Gary Cohn and Lawrence Summers, raised red flags about the nation’s fiscal trajectory, the challenges of balancing monetary policy and the global context of U.S. debt. However, they Summers says economy is “remarkably resilient.” Speaking at the 2025 Mortgage Bankers Association‘s Annual Convention and Expo, Cohn and Summers also credited

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Is it possible for the GSEs to exit conservatorship without market disruption?

2025 Mortgage Banking Summit, Community Home Lenders of America, Conservatorship, GSEs, Housing Market, HWmember, Mortgage, Mortgage Bankers Association /

As Fannie Mae and Freddie Mac inch toward a possible release from federal conservatorship, industry leaders on Tuesday discussed potential paths for the government-sponsored enterprises (GSEs), emphasizing the need for market stability and competition. The GSEs’ possible release and the timing of a change is the topic of much speculation. Recent commentary from U.S. Department

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Elizabeth Warren presses Bessent on Fannie, Freddie IPO efforts

GSEs, Politics and policy, Secondary markets /

The top Senate Democrat with oversight of Fannie Mae and Freddie Mac pressed Treasury Secretary Scott Bessent for more details about the Trump administration’s efforts to take the mortgage giants public.  The Treasury Department and the Federal Housing Finance Agency have been holding meetings with housing advocates, think tanks and mortgage industry representatives this month

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Freddie Mac appoints financial attorney as general counsel

Freddie Mac appoints financial attorney as general counsel

Career moves, GSEs, Industry News, The Great American Mortgage Corporation /

Freddie Mac announced the appointment of a new general counsel, whose hiring comes amid ongoing speculation about the future of the government-sponsored enterprises.  The GSE this week named Matthew D. Abrusci executive vice president, general counsel and corporate secretary. With a career across banking, capital markets and securities law, Abrusci joins Freddie Mac after recently

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Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’

Conservatorship, Department of Commerce, Fannie Mae, Freddie Mac, GSE Reform, GSEs, HWmember, IPO, Mortgage, Regulatory, Trump administration /

As the mortgage industry prepares for the Trump Administration’s plans for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, U.S. Department of Commerce Secretary Howard Lutnick appeared on CNBC to offer his comments on the subject. During the interview aired Thursday, Lutnick disclosed that the IPO “could well

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MBA’s Bob Broeksmit sees risks in merging Fannie and Freddie

Bob Broeksmit, Fannie Mae, Freddie Mac, GSEs, Housing Market, HWmember, Mortgage, Mortgage Bankers Association, Trump administration /

Amid recent reporting that President Trump is weighing a $500 billion stock offering for Fannie Mae and Freddie Mac and that he might be considering a merger of the two mortgage giants, Mortgage Bankers Association‘s CEO and President Bob Broeksmit authored a blog post highlighting the benefits of having two government-sponsored enterprises (GSEs). In his

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Experts: Pulte’s disclosures on Cook may violate privacy law

Federal Reserve, GSEs, Politics and policy, Trump administration /

What’s at stake: President Trump moved to fire Federal Reserve Gov. Lisa Cook via social media on Aug. 25, five days after Housing FInance Agency Director Bill Pulte raised allegations that Cook had engaged in mortgage fraud. Cook challenged her removal in court and was granted a preliminary injunction Tuesday night. Key insight: Pulte publicly

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Top 5 IMB priorities for GSEs in a post-conservatorship world

Community Home Lenders of America, Fannie Mae, Freddie Mac, GSE Reform, GSEs, Opinion, Origination, Regulatory /

On Friday, 46 independent mortgage banks (IMBs) jointly sent a letter to Treasury Secretary Scott Bessent and FHFA Director Bill Pulte, laying out priorities for IMBs for a successful Fannie Mae/Freddie Mac exit from conservatorship. Spearheaded by the Community Home Lenders of America (CHLA), the only national group that exclusively represents IMBs, this IMB sign-on

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How Fannie Mae, Freddie Mac release could change mortgage costs

Fannie Mae, Freddie Mac, GSE Reform, GSEs, The Great American Mortgage Corporation /

Enjoy complimentary access to top ideas and insights — selected by our editors. A number of observers have speculated about how the prospective release of Fannie Mae and Freddie Mac from government conservatorship will impact the residential mortgage market and mortgage loan costs. The good news is that the two GSEs will benefit dramatically from

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