Tag Archives: FHFA

Foreclosure starts and sales were down at the start of the year for loans backed by the GSEs.

The report makes recommendations to Congress about potential legislation to enhance the safety and soundness of the regulated entities and move our nation toward a stronger, more resilient housing finance system. 

Morgan Stanley will work with the FHFA, and the Department of the Treasury as the GSE looks to “responsibly” ending conservatorship.

The Agency said the prior recommendations “will not be finalized and implemented” as planned. Click through to read more.

The Agency pushed the deadline for several flexibilities, including the authority to purchase mortgages in forbearance, until at least July 31.

Fannie Mae and Freddie Mac sold 126,757 NPLs with a total unpaid principal balance of $23.8 billion, according to the new report.

However, several economists say mortgage rates could rise on low-income borrowers to meet requirements set forth by FHFA Director Dr. Mark A. Calabria.

Fannie Mae and Freddie Mac's websites contain information about resources and products, including the Enterprises’ jointly published London Interbank Offered Rate Transition Playbook.

Commentary on the GSE’s response to the COVID-19 pandemic says it gave Congress options to assist homeowners, with one insider saying, “the private market can’t save us.”

Fannie Mae CEO Hugh R. Frater said this is “the start of an important new chapter” for the enterprise.