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Wall Street is weighing in on the possible fate of home loan giants Fannie Mae and Freddie Mac, after a fleeting suggestion by Treasury Secretary Scott Bessent earlier this week that the government's stakes could eventually become part of the proposed US sovereign wealth fund.

A recent American Bankers Association survey showed improvement since 2022, but overall scores are still lower than in 2020 and gaps widened between providers.

Dimitri Dadiomov is co-founder and CEO of Modern Treasury, which builds payments operation platforms for financial services companies.

The Consumer Financial Protection Bureau has rehired more than 100 fire employees, but the union claims dozens of employees have not been reinstated in violation of a federal court order.

Over 100,000 loans for first-time home buyers have been pooled and securitized in issuances this year, the guarantor of government-backed loans said.

Effective March 18, the department is retracting eligibility for non-citizens, it announced.

These mortgages held by low credit score borrowers, made up 90% of the rise in the number of loans 30 days or more late on payments, ICE Mortgage Tech said.

The Federal Reserve governor voted against the decision to slow the pace of balance sheet reduction earlier this week, preferring to allow the current pace of reduction.

Scott Engelbrecht is the chief development officer for CLA. For more than 30 years, he has dedicated his career to providing business and financial solutions to the firm's clients through its business lines: audit, tax, consulting, outsourcing and wealth advisory. In his current role as chief development officer, he is not only focusing on the firm's organic client growth but also driving forward greenfield opportunities, including opening new CLA locations and bringing other firms across the U.S. into the CLA family. He supports the development and management of the firm's financial reporting systems, and he coordinates across CLA to develop and manage appropriate measuring and reporting approaches required to accomplish the needs of the firm. Engelbrecht is also responsible for helping the firm reach stated financial goals for service lines, industry groups and geographic regions. As chief development officer, he leads and coordinates the overall facility management requirements of the firm and is responsible for coordinating a consistent approach operationally and financially regarding all lease, merger/acquisition and principal-related agreements.

While ending mandated consumer rights, lenders can still ask for a reconsideration of value on FHA loans; plus, fair lending laws still apply in these cases.