Speculation about the future of GSE conservatorship in a Trump administration took another turn on Thursday when the Treasury announced an agreement to amend its Preferred Stock Purchase Agreements (PSPAs) with Fannie Mae and Freddie Mac. In a press release, Treasury said the amended agreement would “help ensure that the eventual release of the GSEs from conservatorship will be orderly and to reflect certain existing practices.”

The agreement restores Treasury’s previous right to consent to a release of the GSEs from conservatorship. In addition, “under a separate side letter from FHFA to Treasury, FHFA will solicit public input, before details ⇒

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