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The mortgage giants were authorized to give just over $1 billion combined to the National Housing Trust Fund and the Capital Magnet Fund this year, the highest contribution ever. The amount reflects refinancing growth in 2020.
March 1
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The $16.9 billion in issuance marked the biggest annual number seen since the government-sponsored enterprise reconstituted its risk sharing program in 2013.
February 23
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Independent mortgage banker recovery drove the weekly decrease in forbearance share, according to the Mortgage Bankers Association.
February 22
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Moratorium extensions helped drive a weekly increase in forbearances, according to Black Knight.
February 19
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The Federal Housing Finance Agency's recent allowance of a 3-month extension of CARES Act forbearances stands to upend the trend in plan exits.
February 12
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While its net income declined annually for the second consecutive year, CEO Hugh Frater touted Fannie Mae’s resiliency in a record year for providing mortgage liquidity.
February 12
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Meanwhile at Essent, more loans exited the inventory in January than in December.
February 8
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The uptick marks only the third increase in consecutive weeks since reaching a peak in May, according to Black Knight.
January 29
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The former president and CEO of GE Capital’s restructuring and strategic ventures group was named executive vice president and chief risk officer soon after the departure of Fannie EVP Andrew Bon Salle.
January 22
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The uptick follows the pandemic-era trend of midmonth increases in active plans, according to Black Knight.
January 22
