Fannie and Freddie Extending Key COVID-19 Safeguards
The Federal Housing Finance Agency (FHFA) says Fannie Mae and Freddie Mac have been directed to continue giving important leeway to lenders, servicers and...
New Positions at Freddie Mac Concentrate on Equity in Housing
Freddie Mac has created two new senior leadership roles in its single-family and multifamily business lines that are dedicated to addressing equity in housing....
Clinton Jones to Assume General Counsel Role at FHFA
The Federal Housing Finance Agency (FHFA) says Clinton Jones has succeeded Alfred Pollard as the agency’s new general counsel.
Pollard is retiring from the FHFA...
FHFA Extending Fannie/Freddie Foreclosure Moratoriums
The Federal Housing Finance Agency (FHFA) says Fannie Mae and Freddie Mac will extend the moratoriums on single-family foreclosures and real estate owned (REO)...
FHFA Amends GSEs’ PSPAs So They Can Continue to Retain Capital
The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury (Treasury) have amended Fannie Mae and Freddie Mac’s Preferred Stock Purchase...
FHFA Seeks Feedback on How to Modernize the GSEs’ Appraisal-Related Policies
The Federal Housing Finance Agency (FHFA) is seeking feedback on how best to modernize Fannie Mae and Freddie Mac’s appraisal-related policies.
The pandemic and social...
Fannie Mae to Wrap Up Latest Reperforming Loan Sale
Fannie Mae has announced the winning bidders of its recent reperforming loan sale transaction, which included the sale of approximately 6,300 loans totaling $729.6...
FHFA Validates GSEs’ Use of Classic FICO Credit Score Model
The Federal Housing Finance Agency (FHFA) has given Fannie Mae and Freddie Mac the green light to use the Classic FICO credit score model...
FHFA Names Deputy Director for Division of Resolutions
The Federal Housing Finance Agency (FHFA) has named Jason Cave deputy director for the Division of Resolutions (DOR). He replaces DOR head Robert Fishman,...
Sheila Bair to Become Chair of Fannie Mae Board
Sheila C. Bair is succeeding Jonathan Plutzik as chair of Fannie Mae's board of directors on Nov. 20.
Plutzik will remain on the board.
"Sheila's deep...
CFPB Issues Final Rule Extending the GSE Patch
The Consumer Financial Protection Bureau (CFPB) has issued a final rule to extend the government-sponsored enterprise (GSE) “patch” until the mandatory compliance date of...
Freddie Mac Readies Auction of Non-Performing Loan Pools
Freddie Mac will be conducting an auction of approximately $534 million of seasoned non-performing residential first lien loans held in its mortgage-related investments portfolio.
The...
Share of Mortgages in Forbearance Plans Drops for Ninth Consecutive Week
The share of mortgages in COVID-19-related forbearance plans continued to drop this past week, falling to 7.21% of all loans, down from 7.44% the...
Fannie Mae Selling Portfolio of Reperforming Loans
Fannie Mae is now marketing its 16th sale of reperforming loans: approximately 18,300 mortgages with an unpaid principal balance of approximately $3.4 billion. The...
Fannie Mae Issues New Green Mortgage-Backed Security Transaction
Fannie Mae has issued its latest Single-Family Green Mortgage-Backed Security transactions under the agency’s Green Bond Program.
"We are proud to be a driver of...
FHFA Looking to Formalize GSE Housing Goals for 2021
The Federal Housing Finance Agency (FHFA) has submitted a proposed rule that outlines its 2021 housing goals for government-sponsored enterprises (GSEs) Fannie Mae and...
Freddie Mac Prices New RPL Securitization
Freddie Mac has priced its second Seasoned Credit Risk Transfer Trust (SCRT) offering of the year: a securitization of approximately $1.6 billion, including both...
Freddie Mac Welcomes Homebuilders to Board
Freddie Mac has elected Allan P. Merrill and Paul T. Schumacher to its board of directors, effective Sept. 1, 2020.
Merrill is chairman, president and...
CFPB Issues IFR on Loss Mit Options for Recovering Homeowners
The Consumer Financial Protection Bureau has issued an interim final rule (IFR) that will make it easier for consumers to transition out of financial...
GSEs Prevented Nearly 30k Foreclosures in Q1 2020
The Federal Housing Finance Agency (FHFA) has released its first-quarter 2020 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac...
