Freddie Mac

Intercontinental Exchange is leveraging the recent acquisition of Black Knight in new business partnerships announced at its annual mortgage conference.

While the GSE searches for a permanent successor, Hutchins will also serve concurrently in his role as president following Michael Devito's departure on March 15.

The Mortgage Bankers Association would like Fannie Mae to move toward the fee-based structure Freddie is testing.

Also, Freddie Mac boosts single-family seller engagement team, Carrington names new CEO and Corelogic ads executive in real estate solutions.

Here's how the former regulator thinks Fannie Mae and Freddie Mac could exit conservatorship and where he sees the residential market headed this year and next.

The issuance consists of $618 million of securities, primarily senior, but also some in a subordinate position.

The 30-year average rate got closer to 7% as central bank officials dashed near-term hopes of a cut, according to Freddie Mac.

The government-sponsored enterprise financed 955,000 mortgages last year, down from the 1.8 million loans it backed in 2022.

Fannie Mae also will be making a four-figure adjustment available next month and Freddie Mac is contemplating expanding its program to a new income tier.

The financial services executive also previously served in leadership at Morgan Stanley and Carver Federal Savings Bank.