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,...
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...