GSEs

The MBA reports that the share of mortgage loans in forbearance fell to 0.44% nationwide in June, with nearly 80% of that total citing pandemic-related reasons for their forbearance.

The FHFA reports that since the start of Fannie Mae and Freddie Mac conservatorship in September 2008, the GSEs have recorded 6.7 million-plus foreclosure prevention actions to date nationwide.

GSE honored for fourth consecutive year in fostering diversity and inclusion in the workplace, reflecting the communities it serves.

The latest Environmental, Social, and Governance Report from the GSE finds that racial or ethnic minorities comprised 58% of Fannie Mae’s workforce in 2022, with women comprising 44% of that group.

In addition, a new report notes that Fannie Mae and Freddie Mac completed 58,268 foreclosure prevention actions in Q1 2023. Click through to read the other data from the GSEs’ Q1 2023 Foreclosure Prevention and Refinance Report.

A new study from USMI has found that in 2022, Texas, Florida, California, Illinois, and Ohio ranked as the top states for mortgage financing with private mortgage insurance.

“Housing's performance is a testimony to the strength of demographic-related demand in the face of baby boomers aging in place and Gen-Xers locking in historically low rates,” noted Doug Duncan, SVP and Chief Economist for Fannie Mae.

“Overall credit performance remains solid for higher credit quality borrowers, but that is in an economy with unemployment rates below 4%,” Freddie Mac said in their report.

Five Star’s Legal League has published a white paper detailing how the government’s Homeowner Assistance Fund has provided relief and loss mitigation options for homeowners nationwide during the pandemic.

A new report from Fitch Ratings found that delinquencies remained flat to close out Q4 2022, with successful workout strategies helping more homeowners retain their homes and avoid foreclosure.