Monday, September 16, 2024

GSEs

Freddie Mac Debuts Financial Education Tools in Spanish

In an effort to increase knowledge about building, maintaining and using credit, Freddie Mac has launched a Spanish version of its CreditSmart Essentials free...

Freddie Mac Single-Family Green MBS Issuance Near $1.4 Billion in 2022

Freddie Mac has released its 2022 Green MBS Impact Report showing the company issued $1.372 billion of Single-Family Green Mortgage-Backed Securities (MBS) for the...

Ginnie Mae: Mortgage-Backed Securities Portfolio Grew in June

Ginnie Mae's mortgage-backed securities (MBS) portfolio outstanding grew to $2.422 trillion in June. That figure includes $39 billion of total MBS issuance, leading to...

Ginnie Mae Continues to Enhance LMI Disclosures

Ginnie Mae has expanded its low-to-moderate income (LMI) disclosure initiative to include loan-level pool data for U.S. Department of Agriculture, Rural Housing Service (USDA-RHS)...

Fifth Fannie Mae CAS REMIC Deal Priced at $738 Million

Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2023-R05 – an approximately $738 million note offering that represents Fannie Mae's fifth CAS REMIC...

Fannie Executes CIRT Transactions on $26.6 Billion in Home Loans

Fannie Mae has executed its sixth and seventh Credit Insurance Risk Transfer (CIRT) transactions of 2023. CIRT 2023-6 and CIRT 2023-7 in aggregate transferred...

Ginnie Mae Issuers Can Use RON for POA Mortgage Documents

Ginnie Mae is extending the use of electronic signatures in conjunction with Remote Online Notarization (RON) to include power of attorney (POA) mortgage documents. All...

Ginnie Mae MBS Portfolio Now At $2.404 Trillion

In May, Ginnie Mae’s mortgage-backed securities (MBS) portfolio outstanding grew to $2.404 trillion – including $34 billion of total MBS issuance, leading to $14...

Freddie Mac Expands Financing for Native American Communities

HeritageOne – a new Freddie Mac mortgage product to support members of Native American communities – will provide affordable financing options for single-family properties...

Fannie Mae Adds Analytics Tool to Gauge Climate Related Risk

To assess the potential impacts of climate change on its mortgage portfolio backed by over 17 million United States single-family and multifamily residential assets,...

Fannie Mae Prices Fourth CAS REMIC Transaction at $765 Billion

In Fannie Mae's fourth CAS REMIC transaction of the year, it priced Connecticut Avenue Securities Series 2023-R04, an approximately $765 million note offering. CAS...

Freddie Mac Improves Digital Tool to Document Homebuyer Income

Freddie Mac has enhanced its automated income assessment tool that allows lenders to assess a homebuyer’s income paid through direct deposit to also include...

Fannie’s Fifth CIRT Transaction of 2023 Covers $18.1 Billion in Home Loans 

Fannie Mae has executed its fifth Credit Insurance Risk Transfer (CIRT) transaction of 2023. As part of Fannie Mae's ongoing effort to reduce taxpayer...

Fannie Mae Approves Consolidated Analytics to Support Property Data Program

Consolidated Analytics, a company focused on providing due diligence, valuations, consulting and business process services for mortgage lenders, servicers and the capital markets, says...

Freddie Mac Adds MBS Data to Clarity Data Intelligence Tool

Freddie Mac says it has enhanced access to mortgage-backed securities analytics data through its Clarity Data Intelligence tool. MBS investors can register for a Clarity...

FHFA Addressing Fair Lending Oversight in Proposed Rule

The Federal Housing Finance Agency (FHFA) is seeking comment on a proposed rule that would formalize many of the agency’s existing practices and programs...

Freddie Mac Continues Steps Toward Transition Away from LIBOR

Freddie Mac has released a list of more than 34,000 floating-rate securities transitioning from LIBOR to replacement indices based on the Secured Overnight Financing Rate (SOFR). The...

FHFA Updates Equitable Housing Finance Plans for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) has made updates to government-sponsored enterprises Fannie Mae and Freddie Mac’s Equitable Housing Finance Plans for 2023, including...

FHFA Directing Fannie, Freddie to Further Extend Key Loss Mitigation Option

The Federal Housing Finance Agency (FHFA) says Fannie Mae and Freddie Mac will enhance their payment deferral policies to allow borrowers facing financial hardship...

Fannie Mae Executes Two Credit Insurance Risk Transfer Transactions 

Fannie Mae says it has executed two Credit Insurance Risk Transfer (CIRT) transactions. As part of Fannie Mae's ongoing effort to reduce taxpayer risk...