The Wall Street Journal: Trump Administration Pushing Urgency In Mortgage-finance Changes

WASHINGTON—Senior Trump administration officials are discussing how to jump-start an overhaul of mortgage finance, with the new federal overseer of Fannie Mae and Freddie Mac pledging to act with “a great sense of urgency” over the coming months.

“The foundations of our mortgage finance system remain vulnerable, and we must not let this opportunity for reform pass,” Mark Calabria, the new head of the Federal Housing Finance Agency, said in his first public remarks on Monday. His agency regulates Fannie and Freddie, the two mortgage-finance companies that back about half of the U.S. mortgage market.

As the FHFA’s new chief, Mr. Calabria is set to play a critical role in the Trump administration’s efforts to address a remnant of the financial crisis: Washington’s control over Fannie and Freddie, which have been under government conservatorship since the 2008 financial crisis.

The Senate confirmed Mr. Calabria along party lines this month.

An expanded version of this story appears on WSJ.com.

RECENT NEWS

Gyrostat Capital Management: The Hidden Architecture Of Consequences

When Structures Themselves Become A Risk In portfolio construction, risk is rarely where we look for it.... Read more

Gyrostat November Outlook: The Rising Cost Of Doing Nothing

Through the second half of 2025, markets have delivered a curious mix of surface tranquillity and instabi... Read more

Gyrostat Capital Management: Blending Managers - From Style Diversification To Scenario Diversification

The Limits of Traditional Diversification For decades, portfolio construction has ... Read more

Gyrostat October Outlook: Beneath The Calm, The Cost Of Protection Rises

 Even as global equity indices remain near record highs, the pricing of risk is shifting quietly ben... Read more

Gyrostat Capital Management: Solving The Nastiest Problem In Finance

Retirement Income and Sequencing Risk Executive Summary ... Read more