FHFA Director Bill Pulte Says In X Post That Fannie Mae Will Follow Freddie Mac's Rule Allowing Loan Servicers To Contact Borrowers Who May Qualify To Cancel Private Mortgage Insurance
https://x.com/pulte/status/2099876969483567277
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Wells Fargo Maintains Overweight on TransUnion, Raises Price Target to $102
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U.S. Director of Federal Housing Bill Pulte Posts On X "Effective Today, in the interest of transparency, ALL Mortgage Backed Securities (MBS), ALL Credit Risk Transfers (CRT), and ANY Securitized Product issued by Fannie Mae and Freddie Mac will now carry a VantageScore, in addition to a FICO score. One company cannot hold the market hostage. Americans and Investors and the market want change."
https://x.com/pulte/status/2097753235100512596
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TransUnion Stock Tumbles Friday: What's Driving the Action?
Shares of TransUnion are sliding Friday after the FHFA raised concerns over mortgage credit reporting costs and industry structure.