Secondary markets

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.

The trade group, whose industry has come under attack by the growth of title insurance alternatives, cited Morton's lobbying expertise for his promotion.

As the Trump Administration looks for savings in the bloated federal housing complex, the most obvious opportunity is to return defaulted assets to the private sector, writes the chairman of Whalen Global Advisors.

The exemption from the temporary restriction the government securitization guarantor introduced last month could help smaller issuers.