Freddie & Fannie Soar

[Dublin ohio]

Has anyone ever explained "risk" to you? Do you think there is any risk in a $7 trillion portfolio of real estate mortgages?

JG thinks that if it is privatized the private investors will care less about risk than the GSEs. That is why she thinks appraisals will go away. One would think that private investors would be more likely to require an appraisal since it is their money and not the governments at risk

 

[Zoe]

CFPB needs to finish what they started on appraisal bias hearings imho. Separate fees on Truth in lending disclosures between appraisal management companies and appraisers to borrowers. It will work out.

We saw testimony before CFPB in appraisal bias hearings.

 

[djd09]

currently the gse's are at a bingo parlor with your great great great great grandkids credit card....

 

[djd09]

CFPB needs to finish what they started on appraisal bias hearings imho. Separate fees on Truth in lending disclosures between appraisal management companies and appraisers to borrowers. It will work out.

We saw testimony before CFPB in appraisal bias hearings.

chumpra is a loser...and no friend of king trump...bye bye

 

[Mejappz]

MSN

"The new administration is widely expected to resume a push to remove Fannie Mae and Freddie Mac, the two national mortgage behemoths that buy up huge quantities of loans, from government control."

"“It’s really a question, not so much of ‘whether,’ but ‘how’” the change gets made, said Michael Fratantoni, chief economist at the Mortgage Bankers Association."

The arrangement brokered more than 15 years ago was never meant to be permanent. But while some economists and policymakers have since taken a “don’t fix what’s not broken” approach, Trump’s advisers are widely expected to try to finish what they started before the pandemic hit. Many conservatives believe the government shouldn’t directly control such large businesses and that companies like Fannie and Freddie need buffers against the political agendas of a sitting White House.

That's exactly; what the GSEs have become. Rogue political operatives. censoring free speech and trying to destroy small businesses.

 

[alebrewer]

JG thinks that if it is privatized the private investors will care less about risk than the GSEs. That is why she thinks appraisals will go away. One would think that private investors would be more likely to require an appraisal since it is their money and not the governments at risk

I most definitely believe that the GSE's stance toward risk aversion would look quite differently were they not backed by the full faith of the US taxpayers.

 

[J Grant]

I most definitely believe that the GSE's stance toward risk aversion would look quite differently were they not backed by the full faith of the US taxpayers.

If the yare more risk adverse that means fewer loans and higher interest rates - less work for appraisers

But Trump would probably push the risk limits of lending and valiatisn (who needs a pesky appraisal ) to unleash more loans with predatory terms like the bad old days. to stimulate lending - teaser rates, balloon payments, 100% LTV, no doc approval etc..

However, Trump's influence is insidious, and nobody is left to stand up to him on the Republican side. The normal checks and balances of the Senate and Congress are gone, not just from the majority but from the Republicans being so cowardly that they won't stand up to him even when they believe that a policy or appointment is harmful. Trump and Musk are all about gutting govt, in part to get rid of regulations. Get rid of or reduce any remaining oversight and regulations for crypto, environmental, loans, valuations - stocks,. How did deregulation work out under G Bush? The housing market collapse and near collapse of the financial markets in 2008.

Trump even wants to meddle in the Feds wrt the power to change interest rates.
That means total power going to one man - look at his own track record with massive debt, multiple bankrupcites and failures, with a few splashy wins - that is fine in th private sector, in the national sector not so much when families equities, savings and financial future depend on it.

 

[TerryRohrer]

What is generalized anxiety disorder? If you tend to worry a lot, even when there's no reason, you may have generalized anxiety disorder (GAD). GAD means that you are worrying constantly and can't control it. Healthcare providers diagnose GAD when your worrying happens on most days and for at least 6 months.

Generalized Anxiety Disorder (GAD)

If you tend to worry a lot, even when there’s no reason, you may have generalized anxiety disorder or GAD. Medicine and lifestyle changes can help.

www.hopkinsmedicine.org

 

[alebrewer]

If the yare more risk adverse that means fewer loans and higher interest rates - less work for appraisers

That is correct - fewer loans would most likely be made for several reasons: it would take higher standards to qualify for loans and the rates would be higher (to mention a couple).

As to the rest of your comment: more meaningless DT blather. Once I saw, "Trump would probably" I checked out - it's speculation, and rather Disneyish speculation at that.

 

[Dublin ohio]

If the yare more risk adverse that means fewer loans and higher interest rates - less work for appraisers

But Trump would probably push the risk limits of lending and valiatisn (who needs a pesky appraisal ) to unleash more loans with predatory terms like the bad old days. to stimulate lending - teaser rates, balloon payments, 100% LTV, no doc approval etc..

However, Trump's influence is insidious, and nobody is left to stand up to him on the Republican side. The normal checks and balances of the Senate and Congress are gone, not just from the majority but from the Republicans being so cowardly that they won't stand up to him even when they believe that a policy or appointment is harmful. Trump and Musk are all about gutting govt, in part to get rid of regulations. Get rid of or reduce any remaining oversight and regulations for crypto, environmental, loans, valuations - stocks,. How did deregulation work out under G Bush? The housing market collapse and near collapse of the financial markets in 2008.

Trump even wants to meddle in the Feds wrt the power to change interest rates.
That means total power going to one man - look at his own track record with massive debt, multiple bankrupcites and failures, with a few splashy wins - that is fine in th private sector, in the national sector not so much when families equities, savings and financial future depend on it.

TDS is one thing. What afflicts you is not even definable.