14 Jun

Fannie Mae's New Racial Bias

Logo The Wall Street Journal
The Wall Street Journal
By The Editorial Board

It was probably inevitable that the Biden Administration would enlist housing giants Fannie Mae and Freddie Mac to advance its woke agenda, and now it has. Last week the government-sponsored enterprises released plans to promote housing equity that are chock-full of race-based subsidies.

Fannie and Freddie have been under federal conservatorship since Treasury rescued them during the housing meltdown with a $190 billion taxpayer bailout. The Federal Housing Finance Agency (FHFA) has since regulated their capital, liquidity and underwriting, as well as the mortgages they can acquire. Trump FHFA director Mark Calabria kept the monsters on a tight leash, but there was always a risk that a future Administration would ease up and politicize home lending again. That day has come.

Continue read on wsj.com

Logo American Banker
The Federal Housing Finance Agency issued its final rule regarding public disclosure requirements for Fannie Mae and Freddie Mac on corporate governance,...

Logo CNN
Mortgage giants Freddie Mac and Fannie Mae announced Wednesday a series of actions that aim to make it easier to buy a home and close the racial...

Logo GlobeNewswire
NEW YORK, May 18, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $16,970,000 Fannie Mae...

Logo Benzinga
NEW YORK, May 18, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a $16,970,000 Fannie Mae...

Logo Benzinga
The RALI Will Provide Near Real-Time Insights into Refinance and Prepayment Trends WASHINGTON, June 14, 2024 /PRNewswire/ -- Fannie Mae FNMAannounced today...

Logo PR Newswire
WASHINGTON, May 31, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) April 2022 Monthly Summary is now available. The monthly summary report contains...

Logo Benzinga
WASHINGTON, May 31, 2024 /PRNewswire/ -- Fannie Mae's FNMA April 2022 Monthly Summary is now available. The monthly summary report contains information about...

Logo PR Newswire
WASHINGTON, May 20, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its fifth Credit Insurance Risk Transfer™ (CIRT™)...

Logo Benzinga
Fannie Mae's Equitable Housing Finance Plan Outlines Specific Actions Fannie Mae Will Take to Knock Down Barriers and Provide Access to Affordable Housing...

Logo PR Newswire
Fannie Mae's Equitable Housing Finance Plan Outlines Specific Actions Fannie Mae Will Take to Knock Down Barriers and Provide Access to Affordable Housing...

Logo PR Newswire
WASHINGTON, June 13, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its sixth Credit Insurance Risk Transfer™ (CIRT™)...

Logo Benzinga
Preferred Correspondent Agreement expands Walker & Dunlop's presence in South Florida and supports Metro Fund's access to Fannie Mae and Freddie Mac...

Logo American Banker
Two regulatory agencies are urging lenders to provide disclosures to consumers in the language of their choice, a move that could presage future requirements...

Logo Benzinga
WASHINGTON, May 20, 2024 /PRNewswire/ -- Fannie Mae FNMA announced today that it has executed its fifth Credit Insurance Risk Transfer™ (CIRT™) transaction...

Logo Benzinga
WASHINGTON, June 13, 2024 /PRNewswire/ -- Fannie Mae FNMA announced today that it has executed its sixth Credit Insurance Risk Transfer (CIRT) transaction of...

Logo PR Newswire
Preferred Correspondent Agreement expands Walker & Dunlop's presence in South Florida and supports Metro Fund's access to Fannie Mae and Freddie Mac...

Logo PR Newswire
The RALI Will Provide Near Real-Time Insights into Refinance and Prepayment Trends WASHINGTON, June 14, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA)...

Logo Benzinga
New Fed is pleased to announce its recent launch of the Affinity Program with MTA Benefits, providing multiple advantages to members of the Massachusetts...

Logo PR Newswire
NEW YORK, May 27, 2024 /PRNewswire/ -- The Commercial Real Estate Finance Council (CREFC) congratulates Sandra Thompson on her confirmation on May 25, 2022,...

Logo The Wall Street Journal
A $5.5 trillion bond market supporting the U.S. mortgage industry is being roiled by fears it will be hit in the Federal Reserves battle against inflation....