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The government-sponsored enterprise's net income was balanced by climbing interest rates, which drove a large increase in fair value gains.
October 31 -
While on the positive side, Fannie Mae CEO Priscilla Almodovar said the loan defect rate has dropped 75%, she and Freddie Mac President Michael Hutchins noted that they're closely examining disruptive servicing transfers and standards for multifamily properties.
October 18 -
An analysis of previously released S&P data suggests the Federal Housing Finance Agency's initiative would have mixed impacts on the price of loans and eligibility that vary by individual.
October 16 -
Numbers the Federal Housing Finance Agency just reported for 2022 were the third lowest since the program began, and this year's probably won't be high either.
October 11 -
The mortgages are part of a program that received congressional scrutiny earlier this year.
September 13 -
The government-sponsored enterprises have consistently earmarked some distressed loans for community, nonprofit and minority investors. Certain Democrats want more.
August 29 -
The post-close review timeline gets shorter and new pre-funding checks become required on Sept. 1.
August 18 -
Some respondents reprised calls for a return to more flexible capital rules and portfolio-level cross-subsidization. Others see danger in such a move.
August 17 -
Removing such debt information from consumer reports generated an uptick in home loan inquiries in one study and other industries have found advanced score use pays off.
August 16 -
Industry executives coming off a tough year are wondering what the transition will cost and how many borrowers it'll bring in.
August 15