Saturday, November 23, 2024

GSEs

Freddie Mac Issued $20 Billion in 2021 to Protect Single-Family Mortgages

The Credit Risk Transfer (CRT) program, part of Freddie Mac's Single-Family business, reports a 2021 CRT issuance of nearly $20 billion, protecting $828.5 billion...

FHFA Amends Enterprise Regulatory Capital Framework for GSEs

The Federal Housing Finance Agency (FHFA) has published a final rule that amends the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage...

Heidi Mason Takes on Role of General Counsel for Freddie Mac

Freddie Mac has named Heidi Mason executive vice president and general counsel, bringing 25 years of experience in mortgage lending, financial services, consumer protection...

Fannie Mae Releases New Sale of Reperforming Loans

Fannie Mae has begun marketing its twenty-fourth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its...
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Fannie Mae Prices First CAS REMIC of 2022

Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2022-R01, an approximately $1.5 billion note offering that represents Fannie Mae's first CAS REMIC transaction...

FHFA Applying Targeted Increases to Fannie/Freddie Pricing Framework

The Federal Housing Finance Agency (FHFA) is implementing targeted increases to Fannie Mae and Freddie Mac upfront fees for certain high-balance loans and second...

Freddie Mac Single-Family CRT Program Will See Increased Volume in 2022

Freddie Mac’s Single-Family credit risk transfer (CRT) program should see issuance volume of at least $25 billion in 2022, according to the company. The issuances...

Freddie Mac Expands Green Bond Program

Freddie Mac has released its Single-Family Green Bond Framework under its Single-Family Green Bond Program, supporting the company’s commitment to promote environmentally sustainable single-family...

President Biden Nominates Sandra Thompson for FHFA Director Role

President Joe Biden has announced his intent to nominate Sandra L. Thompson to serve as director of the Federal Housing Finance Agency (FHFA). Thompson has...

Fannie Mae Attains Milestone with Green MBS Issuance

Fannie Mae has completed the issuance of $100 billion of green multifamily mortgage-backed securities (MBS). For more than 10 years, the company's flagship multifamily green...

Fannie Mae Promotes Finance Leaders Chryssa Halley and Jim Holmberg

Fannie Mae has picked Chryssa C. Halley as executive vice president and CFO. In this role, Halley reports to Fannie Mae’s president and is...

FHFA Scores Fannie Mae, Freddie Mac and Common Securitization Solutions

The Federal Housing Finance Agency (FHFA) has released the 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions LLC (CSS). The purpose...

Fannie Mae Reports on Most Recent Reperforming Loan Sale Transaction

Fannie Mae has announced the results of its twenty-third reperforming loan sale transaction. The deal includes the sale of approximately 18,500 loans totaling $2.9...

FHFA Announces Three Top Staff Position Changes

The Federal Housing Finance Agency (FHFA) announced three personnel updates to its executive staff. Charles Yi is joining FHFA as its senior advisor for legal...

ICE Mortgage Technology Platform Helps Lenders with New Industry Rule

ICE Mortgage Technology, part of Intercontinental Exchange Inc., has released additional enhancements to its Encompass platform. The Encompass 21.2 release supports the recently updated...

FHFA Extends COVID-19 REO Eviction Moratorium

Fannie Mae and Freddie Mac are extending the moratorium on single-family real estate owned (REO) evictions until September 30, 2021, the Federal Housing Finance...

FHFA Chooses Phyllis K. Fong as Acting Inspector General

The Federal Housing Finance Agency (FHFA) has named Phyllis K. Fong as its acting inspector general. She will continue to serve as the inspector...

Mauricio Assumes Post As Freddie Mac Chief Compliance Officer

Freddie Mac has named Jerry Mauricio as the company’s senior vice president and chief compliance officer, having served as the GSE’s interim CCO since...

Lendsmart Completes Integration with Freddie Mac Loan Product Advisor

Lendsmart, an AI-driven digital lending platform, has integrated with Freddie Mac Loan Product Advisor, the GSE’s automated underwriting system (AUS). “Lendsmart’s software predicts the credit...

Fannie Mae Announces Results of Latest Non-Performing Loan Sale

Fannie Mae has announced the results of its seventeenth sale of Community Impact Pool (CIP) of non-performing loans, with Great Ajax Operating Partnership LP...