FHFA Directs GSEs to Implement Mortgage Assistance For COVID-Impacted Borrowers
The Federal Housing Finance Agency (FHFA) has directed government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to offer mortgage assistance to borrowers impacted by...
Freddie Mac Issues Securitization of Seasoned RPLs
Freddie Mac has priced its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2020: a securitization of approximately $1.8 billion, including both guaranteed...
GSE Supporting LIHTC Fund with Up to $50 Million
Fannie Mae says it will invest up to $50 million in a low-income housing tax credit (LIHTC) fund that will support properties in disaster-stricken...
Freddie Mac Appoints Grier to Board, Promotes Donna Corley
Freddie Mac has elected Mark B. Grier, formerly vice chairman of Prudential Financial Inc., to its board of directors, as well as named Donna...
Fannie Mae, Freddie Mac Publish Joint Enterprise Credit Score Solicitation
The Federal Housing Finance Agency (FHFA) says Fannie Mae and Freddie Mac have published a Joint Credit Score Solicitation, which outlines the process for...
Fannie Mae Announces 15th Reperforming Loan Sale
Fannie Mae is looking to sell approximately 12,775 reperforming mortgages with unpaid principal balance of about $1.8 billion.
This is Fannie Mae’s 15th sale of...
FHFA Hires Financial Advisor to Develop Roadmap For Ending Conservatorship
The Federal Housing Finance Agency (FHFA) has retained Houlihan Lokey Capital Inc. as a financial advisor to assist in transitioning government-sponsored enterprises (GSEs) Fannie...
FHFA Begins Internal Realignment
The Federal Housing Finance Agency (FHFA) is initiating a realignment that the regulator says will better position it to move Fannie Mae and Freddie...
Fannie Mae Issues $1 Billion CAS REMIC
Fannie Mae has priced its Connecticut Avenue Securities (CAS) Series 2020-R01, a $1.03 billion note offering and the GSE’s first CAS REMIC transaction of...
Freddie Mac Launches New Homeownership Education Program
Freddie Mac has launched a new, comprehensive homeownership education course called CreditSmart Homebuyer U - a free, online resource for consumers who want to...
FHFA: U.S. Home Prices Increased 5% Year-Over-Year in October
U.S. home prices increased 0.2% on an adjusted basis in October compared with September and were up 5.0% compared with October 2018, according to...
Fannie Mae Closes Out 2019 with Two Major CIRT Deals
Fannie Mae closed out 2019 with two major Credit Insurance Risk Transfer (CIRT) deals - part of the company’s ongoing efforts to reduce the...
Fannie Mae: Mortgage Lenders Expect to See Strong Profit Margins in Q4
Mortgage lenders’ profit margin outlook for the next three months remains on solid ground, according to Fannie Mae’s fourth quarter Mortgage Lender Sentiment Survey.
About...
Common Securitization Solutions Taps Anthony Renzi as CEO
Anthony N. Renzi is the new CEO of Common Securitization Solutions (CSS), a technology firms established jointly by Fannie Mae and Freddie Mac to...
FHFA Raises Loan Limits For 2020
Due to rising home prices, the Federal Housing Finance Agency (FHFA) has raised the maximum conforming loan limits for mortgages to be acquired by...
FHFA Taps Thaya Knight, Lydia Mashburn For Key Positions
Thaya Knight recently joined the Federal Housing Finance Agency (FHFA) as senior counsel for policy and regulation.
In addition, Lydia Mashburn joined the agency as deputy chief...
Fannie Mae: U.S. Economy Will Continue to Strengthen in 2020
Despite a potential breakdown in trade talks between the U.S. and China, as well as ongoing political uncertainty abroad, Fannie Mae’s Economic and Strategic...
FHFA Extends Deadline For Commenting on UMBS Pooling Practices
The Federal Housing Finance Agency (FHFA) has extended the deadline for interested parties to provide input on potential changes to Fannie Mae and Freddie...
Fannie Mae Sells Another Pool of NPLs
Matawin Ventures XXIX (Tourmalet Advisors) is the winning bidder on a pool of nonperforming mortgage loans (NPLs) recently auctioned by Fannie Mae.
The company’s 16th...
Freddie Mac: Housing Market Remains on Solid Ground
Despite the possibility of an economic slowdown, the housing market appears to be in good shape and mortgage originators should see increased volume in...