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...
Fannie Mae’s Latest Reperforming Loan Sale Transaction Includes 7,500 Loans
The results of Fannie Mae’s 25th reperforming loan sale transaction included the sale of approximately 7,500 loans totaling $1.47 billion in unpaid principal balance...
Fannie Mae Releases $952 Million CAS REMIC Transaction
Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R05, an approximately $952 million note offering that represents Fannie Mae's fifth CAS REMIC transaction...
Kevin Palmer Promoted to Handle Freddie Mac Multifamily Business
Freddie Mac has named Kevin Palmer to head its multifamily business. He will serve as a member of the company’s Senior Operating Committee and...
Yardi Software Integrated Into Multifamily Data Reporting to Fannie Mae
Fannie Mae is the largest provider of loans for apartment buildings with $3.8 trillion in mortgages. As the largest credit and operational risk manager...
Fannie Mae Prices Fourth GeMS of 2022
Fannie Mae has priced a $736 million Multifamily DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program. FNA 2022-M8 marks...
With CEO Hugh Frater Retiring, David Benson Named to Lead Fannie Mae
Fannie Mae Board Chair Sheila C. Bair is resigning effective May 1. The board has unanimously elected Michael J. Heid to succeed her. In...
Freddie Mac Tees Up Reperforming Loan Securitization
Freddie Mac has priced its first Seasoned Credit Risk Transfer Trust (SCRT) offering of 2022 – a securitization of approximately $1 billion, including both...
Fannie Mae Prices Latest CAS REMIC Deal
Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R04, an approximately $1.1 billion note offering that represents Fannie Mae’s fourth CAS REMIC transaction...
FHFA Reports 153,793 Foreclosure Prevention Actions Completed in Q4 2021
The Federal Housing Finance Agency (FHFA) has released its fourth-quarter 2021 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie...
Fannie Mae’s Latest CAS REMIC Deal Priced at $1.2 Billion
Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R03, an approximately $1.2 billion note offering that represents Fannie Mae's third CAS REMIC transaction...
Fannie Mae Implements CIRT Transactions on $50 Billion of Single-Family Loans
Fannie Mae has executed its second and third Credit Insurance Risk Transfer (CIRT) transactions of 2022. As part of Fannie Mae's ongoing effort to...
Fannie Mae Reperforming Loan Sale Transaction Includes Nearly 8,000 Loans
Fannie Mae’s results of its twenty-fourth reperforming loan sale transaction included the sale of 7,970 loans totaling $1.3 billion in unpaid principal balance (UPB),...
Anderson Joins Fannie Mae as SVP, Chief Diversity and Inclusion Officer
Fannie Mae has appointed Sharifa A. Anderson senior vice president and chief diversity and inclusion (D&I) officer. She will be a member of Fannie...
Fannie Mae’s First CIRT Transaction of 2022 Covers $26 Billion in Loans
Fannie Mae has executed its first Credit Insurance Risk Transfer (CIRT) transaction of 2022. CIRT 2022-1 covers $26.1 billion in unpaid principal balance (UPB)...