Trump officially calls for end to Fannie Mae, Freddie Mac conservatorship

White House issues release calling for “overdue reform of the housing finance system” March 27, 2019 by Jessica Guerin and Ben Lane President Donald Trump is officially calling for an end to the conservatorship of Fannie Mae and Freddie Mac, according to a White House release issued Wednesday. Trump is expected to sign a memorandum later today issuing “overdue reform of the housing finance … More Trump officially calls for end to Fannie Mae, Freddie Mac conservatorship

Trump Administration Offers GSE Privatization Plan

June 21, 2018 Phil Hall With the 10th anniversary of the federal conservatorship of Fannie Mae and Freddie Mac approaching, the Trump Administration has addressed the future of the government-sponsored enterprises (GSESs) by recommending spinning them into private companies. As part of a 132-page proposal called “Reform Federal Role in Mortgage Finance,” the Administration addressed … More Trump Administration Offers GSE Privatization Plan

Evidence New Documents Show Obama Illegally Confiscated Fannie and Freddie Earnings

July 31, 2017 by Jerome Corsi   WASHINGTON, D.C. – Two articles published Tuesday, July 25, by John Carney in Brietbart.com on Tuesday, here and here, argued a partisan, one-sided, pro-government position regarding the decision of the Obama Treasury Department to institute the “Net Worth Sweep” confiscating all earnings from Fannie Mae and Freddie Mac, while ignoring the information … More Evidence New Documents Show Obama Illegally Confiscated Fannie and Freddie Earnings

Supreme Court limits Fannie Mae’s ability to take cases to federal court

GSE rebuked in unanimous opinion January 18, 2017 by Ben Lane In a unanimous opinion handed down Wednesday, the Supreme Court limited Fannie Mae’s ability to transfer cases to federal court, ruling that the government-sponsored enterprise’s charter does not grant it the right to move all state cases to the federal level. The decision, written by … More Supreme Court limits Fannie Mae’s ability to take cases to federal court

VIDEO Trump Treasury pick: Fannie Mae and Freddie Mac will be privatized, tax reform

Steve Mnuchin tells Fox Business: “We’ll get it done reasonably fast” November 30, 2016 by Ben Lane After President-elect Donald Trump announced that he selected Steve Mnuchin, a former executive at Goldman Sachs and former chairman of OneWest Bank, to lead the Department of the Treasury, Mnuchin began making the media rounds with Wilbur Ross, Trump’s … More VIDEO Trump Treasury pick: Fannie Mae and Freddie Mac will be privatized, tax reform

Unsealed government documents may reveal truth about Fannie, Freddie fate

Did the government really need to bail out the GSEs? April 12, 2016 by Ben Lane   In the years since the federal government modified its conservatorship agreement withFannie Mae and Freddie Mac to sweep all the profits from the government-sponsored enterprises into the government’s coffers, many observers, including those with a serious financial interest, have … More Unsealed government documents may reveal truth about Fannie, Freddie fate

#FannieGate: 9th Circuit rules that Fannie and Freddie are private companies

Decision could affect Delaware case on legality of net worth sweep March 3, 2016 Sarah Wheeler A decision by the Ninth Circuit Court of Appeals yesterday could have big implications for a Delaware case where plaintiffs are arguing that Fannie Mae and Freddie Mac are Delaware corporations and therefore are subject to state, not federal law. … More #FannieGate: 9th Circuit rules that Fannie and Freddie are private companies