On a chilly winter night, a few dozen people gathered inside a graffiti-clad building in the Carabanchel district of Madrid. Nearly everyone was in the midst of a dispute with their landlord, but these weren’t typical gripes about leaky pipes. They had come to commiserate about the American investment banks and private equity funds that
Fannie Mae and Freddie Mac have long been a bedrock of the American home-buying industry, turning what could otherwise be a volatile market into one that is stable and predictable for the people buying homes and the investors who purchase home loans as mortgage-backed securities. But last week, William Pulte, President Trump’s appointee to lead
The newly appointed head of one of the nation’s top housing regulators tightened his grip on the agency with a major board shake-up on Monday at two government-controlled mortgage finance firms. William Pulte, the director of the Federal Housing Finance Agency, ousted 14 board members at Fannie Mae and Freddie Mac and named himself chairman