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Scott Bessent

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Will an implicit guarantee keep mortgage rates from rising after release of GSEs?

May 28, 2025 by bp56691
Will mortgage rates rise if the government releases the GSEs from conservatorship? It depends on whether there is a government guarantee.
Categories Bill Pulte, Conservatorship, Department of the Treasury, GSE Reform, Housing Market, HWmember, Mortgage Rates, Politics, Regulatory, Scott Bessent

Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship

May 24, 2025 by bp56691
Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship
Bessent understands that any transition of Fannie Mae and Freddie Mac out of conservatorship must not increase mortgage rates.
Categories Conservatorship, Donald Trump, Fannie Mae, Freddie Mac, GSE Reform, Housing Market, HWmember, Mortgage Rates, Politics, Scott Bessent

Legal experts weigh in on the CFPB and the future of regulation

February 12, 2025 by bp56691
What will the CFPB look like under new director Jonathan McKernan? Legal experts weigh in on the federal and state regulatory environment.
Categories CFPB, Dodd-Frank, HUD, HWmember, Politics, Regulatory, Scott Bessent, Title

Trump names Jonathan McKernan director of gutted CFPB

February 12, 2025 by bp56691
Trump has nominated Jonathan McKernan, former board member of the FDIC and senior counsel of policy at FHFA, to be director of the CFPB.
Categories CFPB, FHFA, Politics, Regulatory, Scott Bessent

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