Christian M. Lown was previously EVP and CFO at Navient Corporation. He succeeds Donald F. Kish, who has served as Interim CFO since December 2019.
Read More »‘Far Too Early’ to Know Impact of GSE Framework
However, several economists say mortgage rates could rise on low-income borrowers to meet requirements set forth by FHFA Director Dr. Mark A. Calabria.
Read More »GSEs Release LIBOR Transition Resources
Fannie Mae and Freddie Mac's websites contain information about resources and products, including the Enterprises’ jointly published London Interbank Offered Rate Transition Playbook.
Read More »Delinquency Rates Rise in Latest Freddie Mac Summary
While the GSE announced unpaid principal fell by $7.8 billion, mortgages past due are at their highest level in 2020.
Read More »The GSE Capital Rule Proposal’s Effect on Conservatorship
How will Fannie Mae and Freddie Mac's proposal for a new rulemaking impact the companies' path to privatization?
Read More »‘Tides Have Changed’ For Fannie Mae, Freddie Mac
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.”
Read More »Fitch Reviews GSE Credit Risk During Forbearance
The credit rating agency placed seven classes on Rating Watch Negative (and six related exchangeable notes) on Fannie Mae and Freddie Mac.
Read More »FHFA Proposes New Capital Framework For GSEs
Fannie Mae CEO Hugh R. Frater said this is “the start of an important new chapter” for the enterprise.
Read More »Freddie Mac Transfers Risk on $140.7B in Mortgages
Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred a portion of the credit risk on $1.6 trillion in mortgages.
Read More »FHFA Extends Mortgage Flexibilities
Click through to see how regulators are attempting to keep the housing market functioning during the COVID-19 pandemic.
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