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...
Some Mortgage Lenders May Need to Act Now on New Fannie Mae Requirements
BLOG VIEW: In December, Fannie Mae announced significant changes to its Approved Seller/Servicer requirements where, starting in 2023, Sellers must sell a minimum of 12 loans to...
FHFA Publishes Updates to Fannie Mae, Freddie Mac Single-Family Pricing Framework
The Federal Housing Finance Agency (FHFA) has made further changes to Fannie Mae’s and Freddie Mac’s single-family pricing framework by introducing redesigned and recalibrated...
Freddie Mac Multifamily Production Volume Reaches LIHTC Record of Nearly $1 Billion
Freddie Mac Multifamily’s 2022 production volume totaled $73.8 billion, including a record of nearly $1 billion in Low-Income Housing Tax Credit (LIHTC) equity investments....