Stegman doubles down: White House will not recapitalize Fannie, Freddie

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Fannie Mae: Stegman Redefines Conservatorship by Todd Sullivan, ValuePlays Ok, so it is painfully obvious Michael Stegman either has no idea what conservatorship is, or simply doesn’t really give a rats ass what it is.

WASHINGTON With prospects for an overhaul of Fannie Mae and Freddie. advancing us down the path of transition," Stegman told attendees at a Goldman Sachs housing conference. He also said the White.

For the second time in less than a fortnight, a senior official from the Obama administration has said, unequivocally, that the White House will not support ending the conservatorship of Fannie Mae.

July 11 – The New York Times reports that Treasury Secretary Henry Paulson is committed to not. the fannie-freddie support measures. july 23 – The House of Representatives approves the rescue bill,

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Gasparino: Mnuchin, Calabria disagree on how to reform Fannie Mae and Freddie Mac Speaking at last week’s Mortgage Bankers Association’s Annual Convention and Expo in San Diego, California, Michael Stegman, senior policy advisor for housing for the White House, said that the.

WASHINGTON – The White House is pushing back on suggestions that it will cut a deal to recapitalize. including by current Fannie and Freddie shareholders who could profit immensely from such a move.

The prospect of steady profits at U.S.-owned mortgage financiers Fannie Mae and Freddie. The White House also doesn’t appear to be moving quickly. Treasury is continuing to work on a blueprint for.

 · Fannie, Freddie unveil 3 percent down-payment programs Chicago Tribune – 8 Dec 2014 21:51 Fannie Mae and Freddie Mac on Monday spelled out the terms under which they will accept mortgages with down payments of as low as 3 percent from first-time buyers, but it may take time to see how many. lenders will sign on to the initiative.

They made the same ask: allow Fannie and Freddie to recapitalize. not do enough for affordable housing, and while some in the administration supported it, the White House did not put any political.