Tag Archives: FHFA

The Director of the Federal Housing Finance Agency said Fannie Mae and Freddie Mac must be well-capitalized to support the market during a stressed environment.

The Federal Housing Finance Agency (FHFA) announced that the GSEs—Fannie Mae and Freddie Mac—will extend several loan origination flexibilities until August 31. These flexibilities were set to expire on July 31, 2020. Extended flexibilities include: Alternative appraisals on purchase and ...

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.