The government-sponsored housing-finance company known as Fannie Mae posted a profit of $4.13 billion, up from $4.04 billion. Net interest income edged down around 1% to $7.18 billion from $7.28 ...
US Treasury Secretary Scott Bessent says that any release of Fannie Mae and Freddie Mac from their current conservatorship would depend on the implications for mortgage rates.
Two mortgage giants essential to the U.S. housing market could be released from the government into the private sector. What ...
Shares of housing giants Freddie Mac and Fannie Mae were on pace for a second day of gains as Federal Reserve Chair Jerome Powell pointed to the importance of 30-year fixed-rate guaranteed mortgages ...
New HUD Secretary Scott Turner is looking to privatize government-sponsored enterprises Fannie Mae and Freddie Mac.