September 20 2019
Wall Street Journal: The Housing Godzillas Try for a Better Life (Letters)
Bloomberg: GSEs Are Much Better Than Before Crisis, Former Fannie Mae CEO Says
Real Clear Markets: Have Fannie and Freddie Paid the Taxpayers Back Yet?
Financial Times: Will Fannie and Freddie be a gift of the Trump administration?
American Banker: Trump housing plan could have unintended consequences for FHA
Wall Street Journal: Administrative State Under Judicial Fire
September 19 2019
New filing in Owl Creek vs United States, click here to view
Peter Chapman writes, “Owl Creek and other Jones Day clients alerted Judge Sweeney to the Fifth Circuit’s Collins decision”
September 18 2019
American Banker: BankThink The ball is in FHFA’s court for reforming the GSEs
Housing Wire: Calabria: Fannie Mae and Freddie Mac won’t privatize until 2020’s end or later
The Hill: Bipartisan housing finance reform on the road less taken
DS News: FHFA Director Mark Calabria Gives Update on Fannie and Freddie
Bill Maloni’s GSE Blog: What good is he if he just fans the fires of ignorance?
September 17 2019
Bloomberg: Fannie Mae and Freddie Mac Won’t Go to Market Until End of 2020, FHFA Director Says
Bloomberg Law: Fannie, Freddie Fundraising Unlikely Until 2021, Calabria Says
September 16 2019
An update in Bhatti vs. FHFA: The Eighth Circuit will hear oral argument in Bhatti v. FHFA at 9:00 a.m. on Tues., Oct. 15, 2019, in St. Paul, Minn., before Judges Lavenski R. Smith, Raymond W. Gruender and Duane Benton.
New filing in Rafter vs U.S., click here to view.
Peter Chapman writes, “The Rafter Plaintiffs also alerted Judge Sweeney to the Fifth Circuit’s decision in Collins v. FHFA”
New filing in Fairholme vs U.S., click here to view.
Peter Chapman writes, “Judge Sweeney entered an order on Aug. 28 scheduling oral argument on the government’s omnibus motion to dismiss for 9:00 a.m. on Tues., Nov. 19”
Wall Street Journal: How Once-Doomed Mortgage Giants Gained New Lease on Life
Wall Street Journal: Fannie, Freddie Regulator Sets New Caps on Lending for Multifamily Properties
Mortgage Professional America: GSE profit sweep may end this month – Mnuchin
Housing Wire: Trump’s housing-finance plan aims to curb GSE lending in areas with rent control
September 13 2019
Bloomberg: Don’t Mess With Fannie Mae and Freddie Mac
Housing Wire: Trump administration working to end Fannie/Freddie profit sweep in September
The Hill: There is hope of housing finance reform that works for Americans
National Mortgage News: Opinion: Conflict of visions in GSE reform
71 Republic: Fannie Mae and Freddie Mac Take on the Free Market
September 12 2019
Vanity Fair: Trump Wants to Make Mortgages More Expensive for Minorities
Bloomberg Opinion: Hedge Funds Get a Crack at Weakening the Administrative State
American Banker: FHFA’s Calabria details next steps on GSE reform
Competitive Enterprise Institute: Reform Proposal Addresses Cronyism in Government-Backed Mortgages
Yahoo! Finance: Fannie Mae: The Road to Recapitalization
Housing Wire: Trump administration’s plan for Fannie Mae, Freddie Mac “survived” Senate hearing
Forbes: Tales Of Investor Mania
Tim Howard on Mortgage Finance: A Full Short Week
Best Deal Since the Louisiana Purchase
September 11 2019
New filing in Bhatti vs. FHFA, click here to view
Peter Chapman writes, “The Bhatti Plaintiffs alerted the Eighth Circuit to the Fifth Circuit’s decision in Collins v. FHFA” A copy of David Thompson’s letter to the Court is linked above
Wall Street Journal: Treasury Secretary Mnuchin Details Plans for Fannie, Freddie
Bloomberg: Trump’s Fannie-Freddie Plan Gets GOP Favor, Democrats’ Scorn
Yahoo! Finance: Lawmakers weigh the future of Fannie Mae and Freddie Mac
Market Watch: Housing finance reform battle lines drawn in Senate hearing
The Hill: Trump officials vow to reform Fannie, Freddie if Congress doesn’t act
DS News: Spotlight on Housing Reform
ABA Banking Journal: ABA Submits Guiding Principles for Housing Finance Reform
CNBC: Mnuchin considers appealing Fannie Mae, Freddie Mac investor lawsuit to the Supreme Court
September 10 2019
Wall Street Journal: Subduing the Housing Godzillas
The Washington Post: In our housing finance system, everyone is in favor of the wrong thing
Bloomberg: Fannie-Freddie Investors Hopeful as Senate Eyes Treasury Plan
Market Watch: 5 major changes the Trump administration wants to make to housing finance
American Banker: Trump administration will move on GSE plans if Congress doesn’t: Mnuchin
Vox: The Trump administration’s new plan to privatize Fannie Mae and Freddie Mac, explained
DS News: Mnuchin: ‘We will restructure Fannie Mae and Freddie Mac’
The Hill: Trump faces tough path to Fannie Mae, Freddie Mac overhaul
Law 360: Full 5th Circ. Rules FHFA Is Unconstitutionally Structured
Bloomberg: Fannie Mae, Freddie Mac Rally on Mnuchin, Court Victory
September 9 2019
The Fifth Circuit published its opinion in Collins vs FHFA Friday, September 6. Click here to view.
Peter Chapman writes, “The Fifth Circuit published its opinion today:
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- reversing Judge Atlas’ ruling that FHFA’s conduct did not exceed its statutory authority;
- affirming Judge Atlas’ rulings that Treasury’s conduct did not exceed its statutory authority, nor was Treasury’s conduct arbitrary or capricious; and
- agreeing FHFA’s structure is unconstitutional.
The case will go back to Judge Atlas for further proceedings consistent with the Fifth Circuit’s 123-page opinion.
Fox Business: Exclusive: Mnuchin on Trump administration’s Fannie Mae, Freddie Mac reform plan
Bloomberg: Fannie-Freddie Investors Fighting Profit Sweep Get Key Win
Wall Street Journal: Investors Notch Victory Over Fannie, Freddie Profits
Reuters: Fannie Mae, Freddie Mac shares tumble as Treasury overhaul plan disappoints
Washington Post: A temporary fix to our mortgage system
CBS News: Privatizing Fannie Mae and Freddie Mac to shake up $10 trillion home loan market
Market Watch: Fannie, Freddie stocks soar after Mnuchin says deal is close to end profit sweep
American Action Forum: GSE Reform Kicks Off
Wall Street Journal: How Fannie and Freddie Have Changed Since the Crisis
Bill Maloni’s GSE Blog: Treasury Reports Shows FHFA Head to be Anti-GSE
September 6 2019
Wall Street Journal: Trump Administration Aims to Privatize Fannie Mae and Freddie Mac
NPR: Trump Plan For Home Loans Rattles Watchdogs
American Banker: Cheat sheet: Trump administration’s road map for GSE overhaul
Fox Business: Treasury seeks to end government control of Fannie Mae and Freddie Mac
Forbes: Trump Administration Wants To Privatize Fannie Mae and Freddie Mac
USA Today: Trump administration unveils plan to privatize Fannie Mae, Freddie Mac
September 5 2019
Reuters: U.S. Treasury expected to unveil Fannie, Freddie plan in coming days: analysts
Market Place: What’s next for Fannie and Freddie?
American Action Forum: GSE Reform Goes Live
Seeking Alpha: GSE Treasury Plan Before Senate Banking Committee Meeting
September 4 2019
The M Report: A Different Perspective
September 3 2019
Fox Business: Trump’s Fannie, Freddie overhaul on the way: What to know
The M Report: 10 Steps to Housing Finance Reform
Value Walk: How Close Are Fannie And Freddie To Exiting Conservatorship?