Saturday, November 23, 2024

GSEs

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...
House

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...