Belpointe PREP, LLC, which owns a luxury apartment community in Sarasota, intended to refinance into Fannie Mae and Freddie Mac debt in 2018.

The entities involved

• Fannie Mae →

  government-backed financial services company

  • FED's actions are influencing the mortgage bond market, impacting Fannie Mae and Freddie Mac.Mon 07:32
  • Bill Pulte was named chairman of Fannie Mae and Freddie Mac, and advocated for firing Jerome Powell.Sun 22:18
• Freddie Mac →

  American government-sponsored enterprise

  • Hakeem Jeffries demands Bill Pulte's withdrawal while Donald Trump appoints Pulte as acting director and asks Congress for a law extension.Sun 22:02
  • Donald Trump appointed Bill Pulte as Acting Director of National Intelligence, while Pulte continues to oversee Fannie Mae and Freddie Mac.Sun 20:38

Related events

• Fannie Mae and Freddie Mac are operating under US administration programs and have increased loan modifications and refinancings.Jun 7
• Freddie Mac and Fannie Mae are operating within the U.S. housing market and conducted foreclosure prevention actions on May 20th.Jun 7
• Fannie Mae and Freddie Mac influence housing market forecasts.Aug 30
• Fannie Mae and Freddie Mac guarantee agency mortgage-backed securities and provide investment insights and tools.Jun 8
• CMBS debt offers lower costs than loans backed by Fannie Mae and Freddie Mac.Sep 6