The coronavirus pandemic, as this is being written, is still on the upswing in the number of reported cases, but has quickly caused a financial and economic crisis. And while…
Last fall, I wrote a blog post entitled “The Freddie Mac G-Fee Discount: Has the Single Security Eliminated It For Good?“. In the article, I described the history of…
“The GSEs should be fully buying mortgages at all times, regardless of the state of the economy or mortgage markets.”
“The GSEs should be countercyclical, buying a small…
Beginning in 2013, the two government-sponsored enterprises, Freddie Mac and Fannie Mae, began to change their business models to transfer to the private sector large amounts…
Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs), securitize mortgages they purchase from bank and non-bank lenders. In doing so they sell the…
As the year ends, the momentum for the two government-sponsored enterprises (GSEs), Freddie Mac and Fannie Mae, to exit conservatorship after more than a decade is palpable.…
Earlier this year, the viewpoint of political conservatives that the credit quality of the mortgages being purchased by the two government-sponsored enterprises (GSEs) of…
When I joined Freddie Mac as CEO in 2012, I knew that, despite it being a giant company with $2 trillion in assets, it was nevertheless disadvantaged versus its main…
The two government-sponsored enterprises (GSEs) of Freddie Mac and Fannie Mae were placed into conservatorship (a status where they operate essentially as wards of the US…
In July 2018, the Federal Housing Finance Agency (FHFA), regulator of the two government-sponsored enterprises (GSEs) Freddie Mac and Fannie Mae, published a proposed rule of…
