Fannie Mae (FNMA)

[Hvp123]

A spokesperson for FHFA said that terminating the suspensions would be a “coordinated process,” and conversations about changes to the PSPAs are regularly conducted at the “highest levels.”

Formal changes to the document that contains the provisions -PSPA- are haggled over by the Treasury and the FHFA.

Negotiating on behalf of the government sponsored enterprises, as their conservator, is FHFA Director Thompson. On the other side of the table is Treasury Sec. Janet Yellen, since her agency holds a majority stake in the GS Both FHA and Treasury declined to provide information about the specific s responsible for the agreement which governs most of the mortgage market.

- July 27, 2022

Happy Holidays all :)