Just how many non-performing loans have the GSEs sold off in their ongoing drive to shift credit risk into the private sector? Here's what the FHFA had to say.
Read More »Fannie Mae Celebrates LGBT Pride Month
Coinciding with Pride Month, Fannie Mae has released a video on what it means to be an ally for the LGBT community. Click through to learn more about the significance of this month and see what the GSE had to say about it.
Read More »Watt: “These Conservatorships are Unsustainable”
In his testimony before the Banking Committee, Melvin Watt, Director, FHFA outlined the challenges facing the conservatorship of the GSEs and why it was the Congress’ responsibility to decide on housing finance reforms.
Read More »Fannie Mae Responds to Hensarling Critiques
Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, said on Friday that the committee would be launching a full investigation into recent allegations in a Bloomberg report that high-ranking Fannie Mae employees were intentionally violating their government prohibition ...
Read More »What Fannie Forecasts for Housing in 2019
Fannie Mae Economic and Strategic Research Group’s May 2018 Economic and Housing Outlook predicts continued economic growth throughout the rest of 2018. As we enter 2019, however, the GSE forecasts a potential change in that momentum. According to Fannie’s May ...
Read More »Tallying Foreclosure Prevention Actions
The GSEs, Fannie Mae and Freddie Mac, completed nearly 20,000 foreclosure prevention actions in February 2018, according to the latest Foreclosure Prevention Report issued by the FHFA. The exact total of foreclosure prevention actions for February 2018 came to 19,932. ...
Read More »Finding Opportunity for Diversity Within Mortgage and Housing
Charmaine Brown, Director, Outreach and Engagement, Office of Minority and Women Inclusion at Fannie Mae was recently appointed as Vice Chair of the American Mortgage Diversity Council (AMDC). Partnering with Chair Kathy Cummings, SVP, Homeownership Solutions and Affordable Housing Programs at ...
Read More »Three Factors Impacting the Housing Market
Mat Ishbia, President and CEO, United Wholesale Mortgage explains the three key factors that are affecting the housing market and how their impact can be felt in the latter half of the year in this video.
Read More »Fannie Checks in With Homeowners
Consumer sentiment on the housing market edged up this month according to a Fannie Mae report, but while homeowner confidence remains at an all-time high, these factors impacted buyer sentiments.
Read More »Fannie’s Earnings Recover
Fannie Mae released its Q1 financial statement Thursday. Overall, the news was good for the GSE. Fannie posted a net income of $4.3 billion, after taxes, in Q1. That's up from a $6.5 billion loss and a comprehensive loss of $6.7 ...
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