CBO reports better conditions for GSEs to repay Treasury

CBO reports better conditions for GSEs to repay Treasury

While the mortgage industry debates the future of Fannie Mae and Freddie Mac under the incoming Trump administration, the Congressional Budget Office (CBO) released a study on Friday suggesting that a recapitalization... Read more »
CBO reduces the expected lifespan for Social Security

CBO reduces the expected lifespan for Social Security

The Congressional Budget Office (CBO) released a new report that estimates the benefit payment schedule of the Social Security program, saying that the Old-Age and Survivors Insurance (OASI) Trust Fund will “decline... Read more »
CBO projects FHA to lose  billion in 2024 receipts; budget cuts could impact reverse mortgages

CBO projects FHA to lose $7 billion in 2024 receipts; budget cuts could impact reverse mortgages

The Federal Housing Administration (FHA) faces a potential loss of roughly $7 billion in receipts in 2024, and a failure by Congress to come to terms on certain spending agreements could force... Read more »