Accurate Group Verified as Freddie Mac ACE+ PDR Software Provider
Appraisal management firm Accurate Group is now verified to support Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report) product, giving lenders...
Mr. Cooper Using Freddie Mac Resolve Tool via API
Mr. Cooper says it is the first mortgage servicer to integrate its proprietary system with Freddie Mac’s Resolve default management tool via an application...
Fannie Mae Prices Latest CAS REMIC Transaction at $626 Million
Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R08, an approximately $626 million note offering that represents Fannie Mae’s eighth CAS REMIC transaction...
Fannie Mae Reperforming Loan Sale Includes Nearly 5,500 Loans to JP Morgan
Fannie Mae’s results for a recent reperforming loan sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance (UPB) was awarded to...
Dennis Hermonstyne Jr. Leads Compliance Programs at Freddie Mac
Dennis Hermonstyne Jr. is joining Freddie Mac as senior vice president and chief compliance officer (CCO) as of September 19. He brings over 20...
Fannie Mae Executes Two CIRT Transactions of Single-Family Loans
Fannie Mae has executed its seventh and eighth Credit Insurance Risk Transfer (CIRT) transactions of 2022. As part of Fannie Mae's ongoing effort to...
Class Valuation Completes Verification Process for Freddie Mac Solution
Class Valuation reports that it has completed the verification process for Freddie Mac’s new ACE+ PDR (automated collateral valuation plus property data report) solution.
These...
Latest Fannie Mae Reperforming Loan Sale Transaction Includes 4,390 Loans
The results of Fannie Mae’s twenty-sixth reperforming loan sale transaction include the sale of approximately 4,390 loans totaling $889.75 million in unpaid principal balance...
Fannie Mae Values CAS REMIC Deal at $866 Million with 101,000 Loans
Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R07, an approximately $866 million note offering that represents Fannie Mae's seventh CAS REMIC transaction...
Fannie Mae Awards 19th New York Area Pool of Non-Performing Loans
Fannie Mae has named The State of New York Mortgage Agency Community Restoration Fund (SONYMA CRF) as the winning bidder for its nineteenth Community...
Fannie Mae Debuts Weekly Index Series on Refinancing Applications
Fannie Mae has launched its Refinance Application-Level Index (RALI), a weekly series designed to provide the market timely and comprehensive tracking of refinance activity...
Fannie Mae’s Latest CIRT Transfers $725 Million of Mortgage Credit Risk
Fannie Mae has executed its sixth Credit Insurance Risk Transfer (CIRT) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer...
FHFA Releases GSEs’ Equitable Housing Finance Plans for 2022-2024
The Federal Housing Finance Agency (FHFA) has released Fannie Mae's and Freddie Mac's Equitable Housing Finance Plans for 2022-2024.
The plans are designed to complement...
Fannie Mae Prices Sixth CAS REMIC Transaction of 2022 at $754 Million
Fannie Mae has priced the latest Connecticut Avenue Securities (CAS) Series 2022-R06, an approximately $754 million note offering that represents Fannie Mae's sixth CAS...
FHFA’s 2021 Mission Report Shows Greater Access to Affordable Housing Financing
The Federal Housing Finance Agency (FHFA) has released its inaugural Mission Report that describes the activities of Fannie Mae, Freddie Mac and the Federal...
FormFree Supports Freddie Mac’s Employment Reverification Requirement
FormFree’s AccountChek digital asset verification service is now supporting a new enhancement to Freddie Mac's Loan Product Advisor (LPASM) asset and income modeler (AIM)...
Freddie Mac Automates Verification Functions for Underwriting Process
Freddie Mac has unveiled new automated underwriting capabilities that allow lenders to verify assets, income and employment using borrower-approved bank account data. This functionality...
It’s Official: Sandra L. Thompson Confirmed by Senate As FHFA Director
Sandra L. Thompson has been officially confirmed by the U.S. Senate as the next director of the Federal Housing Finance Agency (FHFA). Since June...
Fannie Mae Executes Fifth CIRT Transaction for $21 Billion
Fannie Mae has executed its fifth Credit Insurance Risk Transfer (CIRT) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer...
Fannie Mae Releases Latest Sale of Non-Performing Loans
Fannie Mae’s latest sale of non-performing loans has been declared as part of the company's ongoing effort to reduce the size of its retained...