The Great American Mortgage Corporation

KBW lowers its Fannie Mae, Freddie Mac profit projections

Keefe, Bruyette & Woods, while still expecting robust profits from Fannie Mae and Freddie Mac, has dimmed its outlook on both companies’ earnings per share potential as probabilities for a release from conservatorship increase. The stock rating for both are, and will remain at, underperform. KBW, in its fine-tuning of the earnings models, reduced earnings […]

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CHLA presses Trump team on Fannie, Freddie future

The Community Home Lenders of America is calling for nonbank lender support as it emphasizes the importance of mortgage industry input in any federal decision-making regarding the future of Fannie Mae and Freddie Mac.  The group representing small and mid-sized independent mortgage banks made its wishes known in a letter this week to Treasury Secretary

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Fannie, Freddie IPO awaits Trump’s decision on timing

A public offering of Fannie Mae and Freddie Mac shares hinges on when Donald Trump decides the government can fetch the highest price, their regulator said Thursday. Trump “has not made any decision” on when one will occur, Bill Pulte told Maria Bartiromo on  Fox Business Network Thursday morning, when she asked whether one could

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