GSEs

The U.S. economy is expected to continue growing modestly in 2017, but the unknown about policies to be enacted by President-elect Donald Trump's administration pose both upside and downside risks, according to Fannie Mae.

John Paulson went long on Donald Trump when much of Wall Street went short. Now, he's reaping the rewards.

Fannie Mae said Thursday it obtained reinsurance on another $11.7 billion of residential mortgages through its Credit Insurance Risk Transfer of the year.

Mortgage rates for 30-year loans skyrocketed to a 10-month high as investors reacted to Donald Trump's presidential election win by pulling money out of the bond market, driving up yields that guide home loans.

House Financial Services Committee Chairman Jeb Hensarling recited a litany of priorities for his panel next year, touching on everything from the very broad, like housing finance reform, to the specific, including targeting a proposal to rein in payday lending.

Commercial mortgage lenders, and investors in their bonds, have been more eager than the residential market to embrace Property Assessed Clean Energy loans even though those loans hold a superior-lien position. Here’s why.

Experian, like fellow credit bureaus TransUnion and Equifax, is now offering trended credit reports to lenders that originate single-family loans.

MTLGQ Investors, a Goldman Sachs affiliate, submitted the winning bids in Fannie Mae's sale of $1.3 million of nonperforming loans.

The president-elect faces major questions about credit access, affordable housing, the future of Dodd-Frank and the structure of the Consumer Financial Protection Bureau and the extent to which he will act upon them remains unclear.

The historic election has presented an opportunity for a comprehensive overhaul of the housing finance system after eight years of gridlock.

While mortgage rates moved somewhat higher in the period before the election, after the results were known, the yield on the 10-year Treasury broke above 2%, according to Freddie Mac.

Farmer Mac's third-quarter net income increased 95% to $16.4 million over the same period one year ago due to a $5.4 million increase in the fair value of financial derivatives.

There was another surprise Tuesday as Republicans managed to keep a Senate majority following the elections, likely giving the gavel of the Banking Committee to Sen. Mike Crapo, a right-of-center Idaho lawmaker who has proven willing to reach across the political aisle in the past.

Many issues facing President-elect Trump and the 115th Congress will have far-reaching implications for the mortgage industry. Here's a look at five of those most pressing questions awaiting elected officials when they take office in January.

Housing was the talk of the campaign two presidential elections ago, but it stayed under the radar in the 2016 race, leaving plenty of room to speculate about President-elect Donald Trump's likely mortgage policy for the next four years.

A Florida hedge fund transformed risky Fannie Mae and Freddie Mac debt into investment-grade securities, and it could end up helping the mortgage giants' efforts to offload more of their risk.

Towd Point Master Funding, an affiliate of Cerberus Capital Management, was the winning bidder for two pools of reperforming mortgages with a balance of $789.2 million auctioned by Fannie Mae.

Lenders have the most consumer-facing role in the mortgage industry. By adopting three cultural adjustments, they can introduce more diversity into the workforce and create sustainable businesses and stronger communities.

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.

Since the government-sponsored enterprises began experimenting with both frontend and backend deals in which part of the credit risk is shared with third parties, investors have been watching carefully.