Possible Fannie Mae, Freddie Mac write-downs could in fact help credit unions by forcing losses onto holders of first liens.
NAFCU, ABA react to FHFA director comments about considering principal forgiveness for some underwater loans at Fannie Mae and Freddie Mac.
The Federal Housing Finance Agency, the federal regulator and conservator of government-sponsored mortgage giants Fannie Mae and Freddie Mac, has delivered a strategic plan for the two that envisions them becoming smaller and less relevant to the secondary mortgage market.
The Federal Housing Finance Agency has delivered a strategic plan for Fannie Mae and Freddie Mac.
NAFCU's Congressional Caucus gets underway Monday with keynote speaker conservative commentator and former presidential candidate Pat Buchanan. The conference runs through Sept. 22 at the Grand Hyatt in Washington, D.C.
Edward DeMarco, acting director of the Federal Housing Finance Agency, Fannie Mae's federal regulator, is among the latest regulators and legislators to agree to speak at NAFCU's 2010 Congressional Caucus.