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Some warn a merger could reduce market competition, raise costs for homebuyers, destabilize the mortgage market
Calls for end to conservatorship, possible merger of Fannie Mae, Freddie Mac to reduce redundancies
PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017
Two complaints both seek $1 million in damages for each former employee for total of $82 million
NEXA CEO Kortas says implementation marks ‘the first mortgage brokerage to implement comprehensive agentic AI at this scale’
Deal could value GSEs at combined $500B, sell a portion of their stock to raise ~$30B
