Fitch Places GSEs on Rating Watch Negative
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Board of Trustees meets to approve FY24 budget and promotions
The Ithaca College Board of Trustees held its spring meetings May 18–20 where members approved a $204.3 million operating expense budget for fiscal year 2023–24 and welcomed five new trustees.
Source: theithacan.org
Freddie Mac shows resilience in Q1 2023 earnings
"We had a solid quarter… but there's a lot more work to be done," says CEO
Source: mpamag.com
Freddie Mac earnings bear up amid banking crisis | National Mortgage News
The government-sponsored enterprise improved slightly upon the previous quarter's numbers, but contraction in lending remains a risk.
Source: nationalmortgagenews.com
Fannie and Freddie Boost Profits Even As New Mortgage Business Tanks
The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years.
Source: inman.com