Mr Cooper Group Inc (COOP)

[Royal Dude]

"THE TRUMP ADMINISTRATION -- “Fannie, Freddie Overseer Looks to End Federal Control Before Trump Leaves,” by WSJ’s Andrew Ackerman: “The federal regulator who oversees Fannie Mae and Freddie Mac is pushing to speed up the mortgage giants’ exit from 12 years of government control but has yet to reach an agreement he needs with Treasury Secretary Steven Mnuchin … Mark Calabria, a libertarian economist who heads the Federal Housing Finance Agency, has made it a priority to return Fannie and Freddie to private hands, a goal shared by Mr. Mnuchin.

“How that is done could affect the cost and availability of mortgages backed by the companies, which guarantee roughly half of the $11 trillion in existing home loans. Completing the complex process before President Trump’s term ends on Jan. 20 is a long shot, and President-elect Joe Biden is considered unlikely to continue the effort. But Messrs. Calabria and Mnuchin could succeed in taking steps that would be difficult to reverse.” WSJ"

https://www.politico.com/newsletters/playbook-pm/2020/11/20/what-pelosi-said-about-trump-behind-the-scenes-490961