What Post-Conservatorship Could Look Like for the GSEs

National Mortgage News, May 20, 2020–Christopher Whalen (subscription)
Even though FHFA and the GSEs still have not yet rolled out a full response to the COVID-19 disaster, the agency’s conservative leadership thought this might be a good time for Fannie Mae and Freddie Mac to engage bankers to plan for an exit from federal conservatorship. The timing of FHFA Director Mark Calabria is impeccable, as usual.