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Fannie And Freddie Directed To Consider Crypto Mortgages By US Housing Regulator, But Michael Saylor Thinks It's Only Bitcoin That Has 'Entered The American Dream'
Thursday, June 26, 2025 - 2:32am | 870In a landmark decision, Federal Housing Finance Agency Director William Pulte announced plans to consider cryptocurrency as a mortgage asset on Wednesday, aligning with President Donald Trump’s vision of making the U.S. a global crypto hub. What Happened: Pulte took to X, directing federally...
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Michael Saylor Offers BTC Credit Model As Bill Pulte Pushes Crypto For Fannie Mae, Freddie Mac: Could Bitcoin Soon Count Toward Mortgage Qualification?
Wednesday, June 25, 2025 - 4:09am | 755The U.S. housing finance landscape may be on the brink of a huge shift as Federal Housing Finance Agency (FHFA) Director Bill Pulte, appointed in March 2025 under President Donald Trump, announced plans to study cryptocurrency holdings, including Bitcoin (CRYPTO: BTC), for mortgage qualifications....
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Bill Ackman Urges End To Fannie Mae, Freddie Mac Conservatorship: Says Will Enable Them To 'Operate More Successfully And Efficiently'
Wednesday, June 4, 2025 - 4:36am | 769Billionaire hedge fund manager Bill Ackman is advocating for Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC) to exit federal conservatorship, a status they've held since the 2008 financial crisis, arguing it would benefit the U.S. housing finance system. What Happened: In a detailed post on X,...
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Trump Considers Taking Fannie Mae, Freddie Mac Public, Calls Mortgage Giants 'Very Profitable,' Says Timing Seems Right
Wednesday, May 21, 2025 - 11:37pm | 486President Donald Trump announced Wednesday he is giving “very serious consideration” to taking mortgage finance giants Fannie Mae and Freddie Mac public, signaling potential privatization of the government-sponsored enterprises. What Happened: In a Truth Social post, Trump said he...
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Fannie Mae, Freddie Mac In Upheaval As Trump Administration Considers Privatizing Mortgage Giants
Friday, March 21, 2025 - 9:59am | 497President Donald Trump's newly appointed director of the Federal Housing Finance Agency Bill Pulte on Thursday fired the CEO of mortgage giant Freddie Mac (OTC:FMCC) and placed two senior FHFA officials on administrative leave. The Details: Pulte fired Freddie Mac CEO Diana Reid and placed...
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Bill Ackman Sets Off Fannie Mae Buzz — Boeing, MicroCloud Hologram, MicroStrategy, Tesla Also On Investors' Radars Today
Monday, December 30, 2024 - 9:41pm | 609U.S. stock markets experienced a downturn today, with the S&P 500 declining by 1.07%. The NASDAQ also saw a decrease, falling by almost 1.2%. The Dow Jones Industrial Average declined almost 1%. Despite these indices in the red, certain stocks captured significant attention from investors....
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Is Your Home For Sale? It's 'Peak Week,' Researchers Say
Monday, April 15, 2024 - 4:32pm | 610If you’re keen on placing a “For Sale” sign in front of your home, research suggests it’s a smart move. April 14 through April 20 is “the best time to sell your home,” according to data from Realtor.com. It’s the “peak week nationally” for...
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Consumer Credit Crunch: Americans Gear Up For Tougher Lending Standards
Monday, April 8, 2024 - 3:42pm | 534American consumers are bracing for a tighter credit environment, expecting more stringent lending criteria in the near future. This anticipation comes as major credit companies move to adjust their fee structures, potentially impacting consumer spending and the broader economy. What Happened: The...
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Plan To Save Homeowners Thousands On Closing Costs Quietly Derailed By Obscure Industry, Legislative Opposition
Thursday, November 23, 2023 - 2:04am | 617In a recent move, a proposal under the Biden administration aimed at reducing closing costs for certain homeowners has been halted. The proposed plan could have resulted in savings of thousands of dollars for homeowners, but opposition from the industry and lawmakers has led to its discontinuation...
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Recession Is On Its Way, Says Leading Economic Indicator, But Not Everyone Is Convinced: 'Toss-Up'
Friday, July 21, 2023 - 11:35am | 537The Conference Board’s Leading Economic Index (LEI) — an early indicator of significant turns in the business cycle — sent out a warning on Thursday: a recession is coming. A Bleak Outlook: In June, the U.S. LEI saw a decline of 0.7% to 106.1, following a drop of 0.6% in May. Over the past...
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Brace for Impact: Fannie Mae Forecasts A Stormy Economic Outlook
Tuesday, January 24, 2023 - 12:02pm | 560Fannie Mae Economic and Strategic Research Group (ESR) delivered a less-than-festive forecast for the economy last week. What Happened: According to the ESR's January 2023 commentary, despite ending the year on a stronger-than-anticipated footing, the economy is still expected to slip into...
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US Government To Support Mortgages Over $1 Million For First Time As Home Prices Ebb At Record Highs
Wednesday, November 30, 2022 - 3:23pm | 670The baseline conforming loan ceiling for mortgages sponsored by Fannie Mae and Freddie Mac in 2023 will be $726,200, up 12.21%, or $79,000, from 2022, according to a report issued Tuesday by the Federal Housing Finance Agency (FHFA).What Happened: The federal government will support mortgage loans...
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These 2 Under-The-Radar Stocks Traded More Than $1B Each Last Month
Friday, August 5, 2022 - 4:08pm | 1203The month of July saw $37.3 billion in trading volume for stocks that trade on the OTCQK and OTCQB. While some of the stocks that trade over-the-counter are considered penny stocks based on their share price, they are also some of the largest companies in the world and represent a diverse list...
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This Day In Market History: Fannie Mae Rolls Out First Stripped Mortgage-Backed Securities
Monday, July 11, 2022 - 10:25am | 318Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened On July 11, 1986, the Federal National Mortgage Association (OTC: FNMA) issued the first stripped mortgage-backed securities to enable purchase of interest-only or principal-only bonds...
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If You Invested $1,000 In Fannie Mae Stock One Year Ago, Here's How Much You'd Have Now
Friday, February 18, 2022 - 8:26am | 647Investors who have owned stocks over the last year have generally experienced some decent gains. In fact, the SPDR S&P 500 SPY (NYSE: SPY) total return over the last 12 months is 15.3%. But there is no question some big-name stocks performed better than others along the way. Fannie Mae...