The government’s Home Affordable Modification program, launched in 2009 in response to the housing crisis, is set to expire at the end of this year. In seven years, HAMP has completed 2 point 3 million homeowner assistance actions for 1 ...

Freddie Mac on Wednesday announced it had completed an auction of 6 thousand 8 hundred deeply delinquent non-performing single-family residential loans totaling 1 point 4 billion dollars in unpaid principal balance. The loans sold are serviced by Nationstar Mortgage and ...

In a speech Tuesday at the Women in Housing and Finance Public Policy Luncheon in Washington, D.C., FHFA Director Mel Watt said he expected to make an announcement in the next 30 days on whether or not the Agency had found a ...

FHFA has been considering the possibility of offering principal reduction to underwater homeowners since long before Mel Watt became Director of the Agency two years ago. Why have they taken so long to make a decision?

As Agency first-time buyer mortgages get riskier, the gap between fist-time buyer mortgage risk and repeat buyer mortgage risk continues to get wider, according to data released on Monday by the American Enterprise Institute’s International Center on Housing Risk. The Agency First-Time Buyer ...

Why does the index for first-time buyer mortgages backed by a government Agency continue to rise?

Fannie Mae has announced its latest contribution to the credit risk transfer space—two Credit Insurance Risk Transfer deals that shift a portion of the credit risk on pools of single-family loans with approximately 19 point 5 billion dollars in unpaid principal ...

Republicans have always been critical of the controversial Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, but lately they have turned up the heat with their criticism as the Obama Administration heads into its final months. This week, Republican ...

Rents may be rising and consumers may be feeling the crunch when it comes to their personal finances, but 70 percent of renters still believe that renting is more affordable than owning a home and 55 percent of renters plan ...

It was originally announced by Fannie Mae in a Servicing Notice nearly two years ago that new foreclosures in the District of Columbia must be commenced as judicial foreclosures.