E28: Economy, Real Estate, Foreclosures, Forbearance, Rate Reduction Cycle, FHFA on COVID, Receivership, Future of Fannie Mae and Freddie Mac

Former FHFA Director Dr. Mark Calabria joins Mark and Jeff to share valuable perspective on FHFA Director nominee Bill Pulte, the economy, foreclosures and forbearance policies, a potential virtual rate reduction cycle, FHFA's response to the COVID pandemic, what receivership means for Fannie Mae and Freddie Mac, recapitalization progress to date, and the likely future of Fannie and Freddie.