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....
Freddie Mac Issued $65 Billion in Securities Through Multifamily Platform
Freddie Mac says it issued $65.1 billion of securities through its multifamily risk transfer platform in 2022. The company settled $46.5 billion in K-Deals...
Fannie Mae Prices First CAS REMIC Series of 2023
Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2023-R01, an approximately $731 million note offering that represents Fannie Mae's first CAS REMIC transaction...
Ginnie Mae Unveils New Maximum Loan Limits
Ginnie Mae has released the new loan limits for 2023 for single-family forward mortgages eligible for pooling in its mortgage-backed securities programs. Loan limits...
Freddie Mac Projects Multifamily Origination Market Will Slow Down in 2023
The multifamily market will continue to cool off in 2023, according to the Freddie Mac Multifamily 2023 Outlook, with rent growth moderating, vacancies ticking...
Latest FHFA Report Shows Fannie Mae, Freddie Mac Sold 155,034 NPLs Since 2014
The Federal Housing Finance Agency (FHFA) has released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac.
The...
FHFA Publishes Final Rule for New Fannie Mae, Freddie Mac Products and Activities
The Federal Housing Finance Agency (FHFA) has published a final rule that requires Fannie Mae and Freddie Mac to provide advance notice to FHFA...
Steve Johnson, Bill Buskirk Serving in New Freddie Mac Multifamily Roles
Freddie Mac Multifamily has named two personnel to senior vice president roles. Steve Johnson will be head of production and sales, a position he...