Secondary Market

Fannie Mae recognizes 29 mortgage servicers that excelled at its STAR program, while Freddie Mac applauds nine winners of its 2021 SHARP program.

Current MBS numbers have fallen short of the prior year, where approximately 242,793 homes and apartment units were financed in December of 2021.

Atlanta-based REIT taps Chief Legal and Risk Officer of Target Corporation as the newest member of its Board of Directors.

Acting FHFA Director Sandra L. Thompson spoke before the Senate Banking Committee, pending her confirmation as Director of the Agency.

Beginning April 1, Fannie Mae and Freddie Mac will add upfront fees to both high-balance loans and second home loans.

McCargo becomes the first woman in Ginnie Mae’s history to hold the position of President.

To meet its goal of supporting equitable access to housing opportunities nationwide, the FHFA has issued its single-family and multi-family housing goals and subgoals for 2022-2024.

Assuming the vacant role of Ginnie Mae President, Alanna McCargo brings experience with both HUD and Fannie Mae to her new role.

In a banner year for the industry, the ascension in home prices has forced baseline conforming loan limits to rise to $647,200 in 2022.

Ginnie’s mortgage-backed securities issuance fell month-over-month in October, despite reporting it had passed $1 trillion in principal and interest payments through to investors in FY2021.