Fannie Mae's stock climbed 2.83% in the hours after the Rudman Report was released.Fannie Mae's stock climbed 2.20% on the day the Rudman Report was released. Fannie Mae's share price closed at $57.14, up $1.23 on Feb. 23, the day a report on the company's accounting woes was publicly released. Freddie Mac's shares also rose modestly, gaining $0.67 to close at $67.86. The broader market declined modestly for the day, with the Dow Industrial average falling by 0.61%.
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
