Tag Archives: Fannie Mae

According to a recently released report by the Federal Housing Finance Agency (FHFA), foreclosures from Fannie Mae and Freddie Mac since the dawn of conservatorship reached 3.8 million as of Q4 2016. Overall however, serious delinquencies are down, along with short sales and REOs. FHFA also found that that the types of loan modifications offered are being influenced by the increase in home prices over the last couple of years.

One of the world’s top rating agencies warned on Monday that sweeping or high-level changes to Fannie Mae and Freddie Mac could unleash a host of unintended consequences on America’s housing-finance system and the global banking sector—just as they enter ...

The company recently purchased about 8,000 loans with unpaid balances of $1.4 billion from Fannie Mae.

The sale of these loans is intended to reduce the number of seriously-delinquent loans owned by Fannie Mae and to help stabilize neighborhoods and to help meet the portfolio reduction targets required under the Senior Preferred Stock Purchase Agreement with the United States Treasury.

Freddie Mac may be moving toward backing loans that finance single-family rental (SFR) homes. If the reception is similar to when Fannie Mae backed Invitation Homes is January, expect mixed reactions from the industry.

System enhancements helps clients meet Fannie Mae’s changes.

As the job market regains stability, more Americans trust the real estate market this year can allow them to become homebuyers.

Poor financial literacy and complexity, high costs of mortgage products, and a desire to stay out of debt may steer seniors away from reverse mortgage products.

Fannie Mae plans to continue offering its traditional CIRT transactions that cover existing loans in its portfolio.

Fannie Mae took another step in its Simplifying Servicing agenda at the start of February with updates to investor reporting processes that standardized timing and procedures for collecting loan-level data in mortgage-backed securities.