{"id":7289,"date":"2025-02-10T10:17:22","date_gmt":"2025-02-10T15:17:22","guid":{"rendered":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/?p=7289"},"modified":"2025-02-10T11:20:50","modified_gmt":"2025-02-10T16:20:50","slug":"gse-reform-coming","status":"publish","type":"post","link":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/2025\/02\/10\/gse-reform-coming\/","title":{"rendered":"GSE Reform Coming?"},"content":{"rendered":"\n<style scoped>\n.entry-title {\n     display: none;\n     }\n<\/style>\n<div class=\"jmpost\">\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"850\" height=\"419\" loading=\"lazy\" src=\"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-content\/uploads\/2025\/02\/ce6ktiyu.png\" alt=\"\" class=\"wp-image-7290\" srcset=\"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-content\/uploads\/2025\/02\/ce6ktiyu.png 850w, https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-content\/uploads\/2025\/02\/ce6ktiyu-500x246.png 500w\" sizes=\"auto, (max-width: 850px) 100vw, 850px\" \/><\/figure>\n\n\n\n<h1 class=\"wp-block-heading has-text-align-center has-text-color has-large-font-size\" style=\"color:#193bd1\"><strong>GSE Reform Coming?<\/strong><\/h1>\n\n\n\n<p class=\"has-small-font-size\">The Wall Street Journal (<a href=https:\/\/www.wsj.com\/finance\/regulation\/new-hud-chief-sets-sights-on-fannie-freddie-cost-cutting-and-new-name-2e83652f?mod=Searchresults_pos1&#038;page=1 target=\"_blank\"\trel=\"noopener noreferrer\"><em>6 Feb 2025<\/em><\/a>) reported that the&nbsp;newly confirmed Secretary of HUD (Housing and Urban Development), Mr. Scott Turner, will be \u201cquarterbacking\u201d an effort to privatize Fannie Mae and Freddie Mac, working with the Treasury and Congress. &nbsp;The Journal said that \u201cit remains to be seen how much of a priority privatization is for President Trump.\u201d&nbsp; Skeptics warn of damage to the forward market for MBS that permits lenders to lock in mortgage rates for borrowers at the time of application for a loan.&nbsp;<\/p>\n\n\n\n<p class=\"has-small-font-size wp-block-paragraph\">If there is movement on the two GSEs, there is likely to be a wider discussion of housing finance, which opens the door for discussing covered bonds as an element of a stronger private market to support housing if the roles of Fannie Mae and Freddie Mac are reduced.&nbsp; As noted previously, SEC registered RMBS is also seen as an important contributor to a stronger private market for financing residential mortgage loans.<\/p>\n\n\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"GSE Reform Coming? The Wall Street Journal (6 Feb 2025) reported that the&nbsp;newly confirmed Secretary of HUD (Housing and Urban Development), Mr. Scott Turner, will be \u201cquarterbacking\u201d an effort to privatize Fannie Mae and Freddie Mac, working with the Treasury and Congress. &nbsp;The Journal said that \u201cit remains to be seen how much of a&hellip; <a class=\"more-link\" href=\"https:\/\/www.us-covered-bonds.com\/staging\/3708\/2025\/02\/10\/gse-reform-coming\/\">Continue reading <span class=\"screen-reader-text\">GSE Reform Coming?<\/span><\/a>","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[29,26],"tags":[],"class_list":["post-7289","post","type-post","status-publish","format-standard","hentry","category-coveredbonds","category-gses","entry"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/7289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/comments?post=7289"}],"version-history":[{"count":10,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/7289\/revisions"}],"predecessor-version":[{"id":7303,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/posts\/7289\/revisions\/7303"}],"wp:attachment":[{"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/media?parent=7289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/categories?post=7289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.us-covered-bonds.com\/staging\/3708\/wp-json\/wp\/v2\/tags?post=7289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}