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Freddie Mac is now accepting bids on $420 million in nonperforming loans, its first NPL sale of 2018.
February 16 -
Despite a legislative push by some senators and other stakeholders to jump-start housing finance reform, efforts to form consensus over a bill once again are stuck in neutral.
February 15 -
The recent bond market volatility will cause mortgage rates to rise to a higher level than previously projected, according to Fannie Mae.
February 15 -
Tax reform caused Fannie Mae to burn through retained earnings that had been approved just two months ago and to post a fourth-quarter loss. CEO Timothy Mayopoulos argued it was a one-time event that overshadowed strong fundamentals.
February 14 -
Fannie Mae will request an infusion of taxpayer money for the first time since 2012 because of an unintended but anticipated side effect of the corporate tax cut signed into law in December.
February 14 -
Fannie Mae is doing more to expand its list of Day 1 Certainty report suppliers, naming Blend as the first online point of sale system to directly offer asset validations.
February 13 -
Arch Capital Group's mortgage insurance subsidiary increased its cushion under the secondary market capital standards in the fourth quarter even as its delinquent inventory grew.
February 13 -
The Trump administration’s 2019 budget highlights the administration’s goal of reining in the post-crisis regulatory apparatus, with proposed cuts for several agencies including the Consumer Financial Protection Bureau.
February 12 -
Quicken Loans, Citizens Bank and Better Mortgage are refinancing loans using Airbnb income as part of a pilot project with Fannie Mae.
February 9 -
As conservator, FHFA Director Mel Watt has substantial leeway to remake the government-sponsored enterprises without congressional input. Here's one way he might do so.
February 7