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...
Calabria: GSE Reform Needs to Happen Now, While Housing Market is Strong
Efforts to prepare Fannie Mae and Freddie Mac for their transition out of conservatorship were discussed by Mark Calabria, director of the Federal Housing...
Freddie Mac Promotes Frank Nazzaro to EVP and CIO
Frank Nazzaro is the new executive vice president and chief information officer (CIO) at Freddie Mac.
Nazzaro joined Freddie Mac in 2018 as chief technology...
David Lowman Stepping Down as EVP of Single-Family at Freddie Mac
After six years with the company, David Lowman is stepping down from his position as executive vice president of the single-family business for Freddie...
Treasury, FHFA Set Capital Retention Requirements For Fannie, Freddie
Let the re-capping begin.
The Treasury and the Federal Housing Finance Agency (FHFA) have agreed on how much capital government-sponsored enterprises (GSEs) Fannie Mae and...
Industry to CFPB: Ditch the DTI Ratio Requirement for ATR/QM Rule
A coalition of mortgage lenders and industry associations is pushing the Consumer Financial Protection Bureau (CFPB) to eliminate the debt-to-income (DTI) ratio requirement from...