CMBS debt offers lower costs than loans backed by Fannie Mae and Freddie Mac.

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
• Fannie Mae and Freddie Mac are considering reducing their exposure to U.S. government debt and evaluating riskier debt instruments.Sep 4
• A bill was introduced in the House requiring Fannie Mae and Freddie Mac to treat payments as concessions as part of efforts to address housing debt.Aug 18
• The FED bought mortgage-backed securities involving Freddie Mac.Jun 7
• Institutional buyers are demanding better returns and reducing exposure to U.S. Treasurys while supporting agency mortgage-backed securities.Sep 15