Wednesday, December 25, 2024

GSEs

Fannie Mae Continues Efforts to Close Latino Homeownership Gap

According to a recent study conducted by the Urban Institute, 70% of net-new homeowners between 2020 and 2040 will be Hispanic/Latino, and this demographic...

Freddie Mac Auctions Off $586 Million in NPLS

Freddie Mac has sold via auction 3,564 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio. Specialized Loan Servicing LLC, Select Portfolio...

Fannie Mae Names Most Recent NPL Loan Sale Winner

Fannie Mae has announced the results of its twenty-first non-performing loan (NPL) sale transaction. The deal, announced on August 10, included the sale of...

Fannie Mae Opens Latest Sale of Reperforming Loans

Fannie Mae has begun marketing its thirtieth sale of reperforming loans as part of its ongoing effort to reduce the size of its retained...

Ginnie Mae MBS Portfolio Hits $2.458 Trillion in August

In August, Ginnie Mae’s mortgage-backed securities (MBS) portfolio outstanding grew to $2.458 trillion – including $38.1 billion of total MBS issuance, leading to $18...

FHFA Continues Conversation About Credit Scores, Reporting for Fannie/Freddie Mortgages

​​​​​​​​​​​​​​​​​The Federal Housing Finance Agency (FHFA) has announced additional opportunities for ongoing public engagement to facilitate the transition to updated credit score models and...

Nexus Nova Earns Fannie Mae Master Servicing Approval

MSR investing platform Nexus Nova LLC, a subsidiary of Minneapolis-based private investment firm Rice Park Capital Management LP, has received Fannie Mae master servicing...

Fannie Mae: Sale of Reperforming Loans Begins

Fannie Mae has begun marketing its twenty-ninth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its...

Freddie Mac Prices About $471 Million Securitization of RPLs

Freddie Mac has priced its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2023 – a securitization of approximately $471 million including both...

Fannie Mae GeMS Issuance: $641 Million Multifamily Social DUS REMIC

Fannie Mae priced a $641 million Multifamily Social DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on July 21;...

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,...