US EditionFederal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says
- The Director of the Federal Housing Finance Agency, Bill Pulte, announced that there are no plans to lower the conforming loan limit, which is currently set at $806,500, reflecting a 5.2% increase from 2024.
- Fannie Mae and Freddie Mac have been under government conservatorship since 2008, following significant financial losses during the housing market crash.
- Bill Pulte's recent moves, including appointing himself chair of both companies, have raised concerns about regulatory norms and the potential impact of privatization on housing costs.
21 Articles
21 Articles
How Trump plans to get government out of the mortgage business
Mortgage finance giants Fannie Mae and Freddie Mac have been under government conservatorship since 2008. President Trump wants to privatize them. But what could that mean for America's mortgage market?
Tesla Leading Gains, Fannie Mae Privatization, Microstrategy Buying More Bitcoin - Stock Movers
On this episode of Stock Movers: Tesla is leading gains among the Magnificent Seven stocks on Monday as retail investors buy into the stock. The stock is higher amid a broader rally, with US stock futures rising on signs that the next round of President Donald Trump’s tariffs may be more measured than previously suggested. Fannie Mae and Freddie Mac shares are rising Monday after the Wall Street Journal reported Sunday that the Trump administra…
Is privatisation on the cards for mortgage giants Fannie Mae, Freddie Mac? What would it mean for US citizens?
The most immediate risk is that it could disrupt the mortgage market and lead to an increase in the average rate for a 30-year mortgage, which is currently at 7 per cent
Will Trump privatize Fannie Mae and Freddie Mac, mortgage loan giants?
Donald Trump’s administration is considering an executive housing order, which could boost the privatization of mortgage loan giants Fannie Mae and Freddie Mac, the Wall Street Journal reported, citing a person familiar with the issue. Federal Housing Financing Agency Director Bill Pulte and Treasury Secretary Scott Bessent said privatization efforts should consider the impact of mortgage fees, WSJ said. The possible directive could mandate fede…
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