Capital markets

Bill Pulte's social media posts saying inflation has fallen far enough added to intensified political pressure on the independent Federal Reserve chairman.

The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.

Prior to this development, the CFPB was the sole industry participant to publish an average prime offer rate index on a weekly basis.

Privatizing Fannie Mae and Freddie Mac risks a return to the kind of perilous mortgages that helped cause the global financial crisis unless regulatory safeguards are kept in place, an affordable housing nonprofit said in a paper on Tuesday.

The closed meeting between the Federal Housing Finance Agency, the Treasury, and the Securities and Exchange Commission is the first publicized in some time.

The Mortgage Bankers Association chief thinks the move could fit in with regulatory goals, and it's getting pushback like an earlier version of the concept did.

The transaction is the first in what is planned to be a continued series of purchases by the new fund as it continues to raise capital from investors.

Secondary market interest in home equity contracts is drawing new participants, with 2025 securitization activity ahead of last year, industry leaders said.

The maximums for attorney costs related to foreclosures, mediation and bankruptcy proceedings have risen, according to the government-sponsored enterprise.

The move opened up the blockchain-based transaction to a broader range of investors who only buy bonds that receive top ratings from a major player.