Sandra L. Thompson, Director of the FHFA, speaks with DS News about her goals and priorities for the Agency and her vision for the future of the GSEs.
Read More »A Modest Suggestion for a New Era
Americans have a lot invested in residential real estate, about $12 Trillion by way of traditional first mortgages on single-family homes. While that number may be shocking, 70% of that debt has been financed by four government agencies Freddie Mac ...
Read More »Housing Market Kicks Off 2022 on a High Note
The latest S&P CoreLogic Case-Shiller Index Report shows annual home price gains in January of nearly 20%, marking the fourth-largest reading in 35 years.
Read More »Low Home Inventory Spurs Drop in February’s Pending Sales
Despite intense buyer demand, February marked the fourth consecutive month of declines seen in overall pending home sales nationwide.
Read More »Padgett Law Group Receives ‘No-Objections’ Status from GSEs
Padgett Law Group (PLG) has announced the firm has received its no-objection status from Fannie Mae and Freddie Mac, clearing the final administrative task in entering the firm’s newest state of full-service creditors’ rights operations, Pennsylvania. The build-out of PLG’s ...
Read More »First-Time Buyers Continue to Feel Supply Chain Impact
As new home sales experienced a decline in February, the 20.4% rise in building materials year-over-year is being passed on to the consumer and pricing many out of the market.
Read More »Wendell Chambliss Named Freddie Mac SVP, Chief Diversity Officer
Freddie Mac announced that Wendell Chambliss, a 20-year veteran of the company, has been appointed Senior VP and Chief Diversity and Inclusion Officer (CDIO). In this newly created role, Chambliss will be responsible for programs and initiatives to bring greater ...
Read More »White House Aims to Advance Equity in the Appraisal Process
The PAVE Action Plan is aimed at advancing equity in the appraisal process and promoting generational wealth creation through homeownership.
Read More »Breaking Down Mortgage Costs
As anyone who has bought a home knows, a mortgage payment has many different components that pay many different things—and these costs can be easily ignored, looked over, or just flat-out misunderstood by even the savviest buyers. Fannie Mae has ...
Read More »Default Risk Rises in Q4
The default risk for GSE acquisitions hit 1.98% in Q4, up from a reading of 1.65% the previous quarter.
Read More »