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...
Ginnie Mae Unveils VA Mortgage Liquidity Report
Ginnie Mae has made public its first comprehensive report on the secondary mortgage market liquidity of mortgages that are U.S. Department of Veterans Affairs...
Fannie Mae Making Tweaks to Desktop Underwriter
Fannie Mae is rolling out a set of enhancements in its Desktop Underwriter (DU) automated underwriting system that will deliver new benefits to borrowers...
FHFA Increases Baseline Conforming Loan Limit for 2023
The Federal Housing Finance Agency (FHFA) has released the conforming loan limit values (CLL) for mortgages to be acquired by Fannie Mae and Freddie...
Last Fannie Mae CIRT Transaction of 2022 Transfers $343 Million of Mortgage Credit Risk
Fannie Mae has executed its eleventh and final Credit Insurance Risk Transfer (CIRT) transaction of 2022. As part of Fannie Mae's ongoing effort to...
Single-Family Credit Risk Transfer Program Protects $136 Billion of Loans in Q3
Freddie Mac’s Single-Family business has reported a Third Quarter 2022 CRT issuance of approximately $4.7 billion for its Credit Risk Transfer (CRT) program, protecting...
FHFA Publicizes 2023 Multifamily Loan Caps at $150 Billion for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency (FHFA) has declared the 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion...
Shankar Leading Single-Family Portfolio for Freddie Mac
Ravi Shankar has joined Freddie Mac as senior vice president and head of single-family portfolio and servicing. He brings over three decades of experience...
Fannie Mae Prices $392 Million Multifamily Social DUS REMIC
Fannie Mae has priced a $392 million Multifamily Social DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program. FNA 2022-M2S...