Mortgage servicers polled in a new report expect 23% of seriously delinquent mortgages to complete foreclosure over the next year, with pandemic backlog and regulatory intervention having the biggest impact on foreclosure volume.
Read More »Fannie Mae Recognized for Disability Inclusion
For the third consecutive year, the GSE earns the top score in establishing an environment where employees with disabilities have the opportunity to thrive.
Read More »Lenders Prioritizing Cost-Cutting Measures
As inflation rises, more families and businesses are tightening their budgets and taking cost-cutting measures to create a little more breathing room—and according to the latest survey, this includes mortgage lenders. Continuing a quarterly survey of mortgage executives that initially ...
Read More »Fannie Mae Closes Two More CIRT Transactions
With the GSE closing on these latest deals, Fannie Mae has acquired approximately $21 billion of insurance coverage on $709 billion of single-family loans through its CIRT program to date.
Read More »Rep. Hill Calls for Increased GSE Oversight From FHFA
The ranking Member of the Housing, Community Development, and Insurance Subcommittee on the House Financial Services Committee, as well as nine other Republican committee members, drafted a letter urging further oversight of Fannie Mae and Freddie Mac activities.
Read More »Katie Jones Tapped to Lead HR at Fannie Mae
Experienced human resources executive joins GSE to attract, retain, engage, and develop talent.
Read More »Fannie Mae Revises Housing Outlook, Adjusts Recessionary Predictions
The confluence of market forces that are currently weighing on the market is shaking up long-term forecasts. Here’s why Fannie Mae Chief Economist Doug Duncan thinks “it’s unlikely the economy will avoid a modest recession.”
Read More »The Changing of the Guard: A Conversation With NMSA’s Leadership
DS News spoke to the National Mortgage Servicing Association’s 2019-2021 Chair Wes G. Iseley and 2022-2024 Chair Jocelyn Martin-Leano about the state of the servicing landscape and what lies ahead.
Read More »Non-Performing GSE Loans Totaled $29B as of Year-End
The Federal Housing Finance Agency (FHFA) has released its latest report on the sale of non-performing loans (NPLs) by Government Sponsored Enterprises Fannie Mae and Freddie Mac (the GSEs). The latest edition of the Enterprise Non-Performing Loan Sales Report includes ...
Read More »Andrew Weiss Named Partner at Blackfin Group
Management consulting firm adds 35-plus-year industry veteran whose team pioneered the development of Fannie Mae’s Desktop Underwriter.
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