Fannie Mae

The Treasury secretary on Monday reiterated an aggressive timetable for tackling the future of Fannie Mae and Freddie Mac, an issue that has long flummoxed Congress.

Mortgage Bankers Association President David Stevens is confident that housing finance reform will move forward under the Trump administration, but criticized calls to simply let the government-sponsored enterprises recapitalize and be returned to shareholders without additional reforms.

Senate Banking Committee Chairman Mike Crapo and House Financial Services Committee Chairman Jeb Hensarling said they believed an agreement on housing finance reform could be struck in this Congress.

From a few employees at Hutchinson Credit Union who spent part of their day focusing on better servicing of local home mortgages, Member Mortgage Services has grown in just 13 years into a separate company with 37 employees.

Fannie Mae has made three selling guide changes aimed at helping the growing number of borrowers with student debt qualify for home loans, and may begin testing similar proposals related to this goal.

Incenter Mortgage Advisors is brokering an $898 million alt-A bulk servicing rights portfolio for an undisclosed bank.

The Mortgage Bankers Association released a detailed transition plan Thursday designed to help policymakers turn the government-sponsored enterprises into private guarantors of mortgage-backed securities.

Incenter Mortgage Advisors is accepting bids on behalf of an independent mortgage banker for a $326 million portfolio of Fannie Mae, Freddie Mac and Ginnie Mae mortgage servicing rights.

Vladimir Putin is taking a page from the U.S. housing market to boost homeownership. Call it Russia's Fannie Mae.

DLJ Mortgage Capital Inc. was the winning bidder on all four pools in Fannie Mae's second reperforming loan sale.