Fannie Mae (1938) and Freddie Mac (1970) were created with the end goal of promoting homeownership across the United States.

Fannie and Freddie "buy and package home loans" into mortgage-backed securities that get sold to investors. Currently, those ...

President Donald Trump posted last week about his intent to take Fannie Mae and Freddie Mac, two government-sponsored ...

Bill Ackman’s Pershing Square holds 2% of Fannie Mae’s equity and has a plan for privatizing the GSEs that is well-calibrated ...

President Donald Trump's newly appointed housing chief has made waves by launching a dramatic shakeup at mortgage giants ...

WASHINGTON, DC – Congressman Suhas Subramanyam (D-VA) has launched an official inquiry into the abrupt termination of dozens of Indian American employees at Fannie Mae following allegations of ...

Michael Bright, former COO of Ginnie Mae, recently appeared on CNBC’s "Fast Money" to discuss the measures that need to be ...

Addressing concerns over privatization, FHFA Director William Pulte appeared on a recent Fox Business program to reassure ...

This paper examines the role that privatization can play within a wider strategy designed to overcome the problems associated with public enterprises. For this purpose, privatization is defined as a ...

We consider, restructuring by the private buyer of the firm, by a government privatization agency, and by both. In the first two cases—one-sided restructuring—a first best can be achieved. In the case ...