Center for Mortgage Access

The GSE charters mandate that Fannie Mae and Freddie Mac “promote access to mortgage credit throughout the Nation.” Nonetheless, GSE market shares vary widely across the fifty States, from 17% in Eagle Pass, TX to 67% in Boulder, CO. [Read More]

On Friday, Fannie Mae’s stock closed at just under $10 after reports of White House plans to sell a partial stake in the mortgage-finance giant. That’s roughly seven times its $1.39 price on the day President Trump was elected. Its sister company, Freddie Mac, has seen a similar surge. [Read More]

To treat shareholders fairly, and reduce the risk of future bailouts, they should receive the value the Enterprises would have had in a hypothetical 2008 liquidation: nothing. [Read More]

The Center for Mortgage Access (CMA) announces a new policy research organization dedicated to the role of public mortgage finance in expanding equitable access to homeownership. [Read More]