Representatives from organizations including FHFA, FHA, GSEs, and HUD all spoke during a virtual event this week by the Mortgage Bankers Association (MBA). See remarks from FHFA's Mark Calabria, here. The facilitator of a virtual event Tuesday said, during a ...
Read More »The Housing Market’s ‘Remarkable Comeback’
Even as businesses begin to reopen, the unemployment rate remains a cause for concern among economists. That makes for much fiscal uncertainty. But despite weakness in the labor market, the housing sector remains robust—it has been reported over the past ...
Read More »FHFA Releases Latest Mortgage Relief Numbers
The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of ...
Read More »FHFA: Forbearance Plans Dominated May Foreclosure-Prevention Actions
The FHFA’s latest Foreclosure Prevention and Refinance Report breaks down the state of the landscape as we approached this summer, including delinquency rates, short sales, and other data.
Read More »Industry Reaction: Fannie and Freddie’s Adverse Market Fee
Both supporters and critics are weighing in on the “adverse market fee” or "market condition credit fee" introduced by the GSEs last week, under the authorization of the FHFA.
Read More »Fannie and Freddie: Portfolio Update
Both GSEs issued their monthly volume summaries for June. How are their portfolios weathering the current economic challenges?
Read More »GSEs Report Boosts in Q2 Income
Nonetheless, Fannie and Freddie's Q2 results show that the pandemic's impact continues to be felt across several metrics.
Read More »Future of GSEs’ Credit Risk Transfer Program Uncertain
Having remained apolitical since its inception, the Credit Risk Transfer program may now succumb to political pressure, according to a former Freddie Mac executive.
Read More »FHFA Releases Annual Update on Conservatorship and Securities
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.
Read More »FHFA Updates GSE Non-Performing Loan Sales
Fannie Mae and Freddie Mac sold 126,757 NPLs with a total unpaid principal balance of $23.8 billion, according to the new report.
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