Friday, April 19, 2019

GSEs

Fannie Mae: Purchase Volume Will Rise Moderately in 2019

Purchase mortgage origination volume is projected to rise moderately in 2019 compared with 2018, amid flat home sales and slower home price...

Fannie Mae, Freddie Mac Give RoundPoint Mortgage Servicing Green Light to Service E-Notes

RoundPoint Mortgage Servicing Corp. reports that it has been approved by Fannie Mae and Freddie Mac to service and purchase electronic promissory...

Fannie Mae Auctioning $3.3 Billion Pool of RPLs

Fannie Mae recently announced its 11th sale of reperforming loans - a portfolio of approximately 21,400 loans with unpaid principal balance of...

Calabria Takes the Reins as Director of FHFA

Mark Calabria is now officially the director of the Federal Housing Finance Agency (FHFA), following a swearing-in ceremony held Monday, and will...

Freddie Mac Auctioning $363 Million in Nonperforming Loans

Freddie Mac is auctioning a $363 million portfolio of non-performing loans (NPLs) - part of the company’s ongoing effort to transfer riskier...

Senate Confirms Mark Calabria as Director of the FHFA

Mark Calabria has been confirmed by the Senate and will serve as the next director of the Federal Housing Finance Agency (FHFA).

Trump Directs Treasury, HUD to Enact Housing Finance Reform

President Trump has signed a presidential memorandum directing the Treasury Department and U.S. Department of Housing and Urban Development, along with other...

Fannie Mae Appoints Hugh R. Frater as CEO

Hugh R. Frater is the new CEO of Fannie Mae.Frater has served as interim CEO of the company...

Fannie Mae Hires Terry Theologides as EVP, GC, Corporate Secretary

Stergios "Terry" Theologides has joined Fannie Mae as executive vice president, general counsel, and corporate secretary.Theologides has more...

Towd Point Master Funding, NRZ Mortgage Holdings Acquire Fannie Mae RPLs

Towd Point Master Funding and NRZ Mortgage Holdings were the winning bidders in Fannie Mae’s most recent re-performing loan sale.

GSEs Set to Start Issuing Single Common Security

The infrastructure is in place, testing is complete and government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac are set to start issuing...

Freddie Mac Prices $2.1 Billion Securitization of RPLs

Freddie Mac's first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2019 is a rated securitization of approximately $2.1 billion backed by...

Freddie Mac Introduces New Solution Geared for Self-Employed Borrowers

In keeping with its “aim” of helping mortgage lenders target the underserved, Freddie Mac has introduced AIM (income and asset modeler) For...

Fannie Mae Announces Second CAS CRT Deal of the Year

Fannie Mae priced its second credit risk transfer (CRT) transaction of the year, a $1 billion note offering consisting of more than...

OIG Report Finds that Former FHFA Director Watt Acted Inappropriately

An investigation by the Office of the Inspector General (OIG) for the Federal Housing Finance Agency (FHFA) into allegations of sexual harassment...

Fannie Mae Selling $3.1B Pool of Re-Performing Mortgages

Fannie Mae is auctioning a portfolio of 15,100 re-performing mortgage loans with unpaid principal balance of approximately $3.01 billion.
senate

NAR Introduces Plan to Re-Charter GSEs as ‘Publicly Regulated Private Utilities’

Adding to the recent buzz around housing finance reform, the National Association of Realtors (NAR) has introduced its own proposal for transitioning...

Trump Administration Pushing for GSE Reform

Housing finance reform may soon be back on the table in Congress, as Senate Banking Committee Chairman Mike Crapo (R-Idaho) on Friday released...

Freddie Mac’s Home Possible Program Hits Key Milestone

Freddie Mac recently announced a key milestone: Its Home Possible mortgage origination program has exceeded $50 billion in home mortgages since its...

Freddie Mac Appoints Ricardo Anzaldua as General Counsel and Corporate Secretary

Ricardo A. Anzaldua, executive vice president of Freddie Mac, has been appointed general counsel and corporate secretary, succeeding William H. McDavid, who...

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