Fannie Mae Names Anthony Moon to Oversee Risk Management Unit
Fannie Mae has appointed Anthony Moon as executive vice president and chief risk officer (CRO), effective fourth-quarter 2022. In this role, Moon will be...
Latest Fannie Mae Reperforming Loan Sale Transaction Includes Over 6,000 Loans
The results of Fannie Mae’s twenty-seventh reperforming loan sale transaction, announced on August 11, included the sale of approximately 6,060 loans totaling $986.4 million...
Freddie Mac Prices $536 Million Securitization as Second SCRT of 2022
Freddie Mac has priced its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2022, a securitization of approximately $536 million including both guaranteed...
FHFA Reviews Federal Home Loan Bank System
The Federal Housing Finance Agency (FHFA) is conducting a comprehensive review of the Federal Home Loan Bank (FHLBank) system beginning in the fall of...
Q2 2022 Achieves Record Freddie Mac CRT Issuances
Freddie Mac’s Credit Risk Transfer (CRT) program under its single-family business has reported a second quarter 2022 CRT issuance of approximately $6.5 billion, protecting...
Ginnie Mae Mortgage-Backed Securities Portfolio Grows to $2.252 Trillion
Ginnie Mae’s outstanding mortgage-backed securities (MBS) portfolio grew for the 13th consecutive month in July, hitting $2.252 trillion, up from $2.229 trillion in June...
FHFA Creates Affordable, Equitable and Sustainable Housing Advisory Committee
The Federal Housing Finance Agency (FHFA) is establishing a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing. The committee will provide advice and...
Vice Capital Markets Releases New API for Freddie Mac Cash Purchase Statement
Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, says it is one of the first Freddie Mac-integrated...
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...