Tag Archives: Government-sponsored enterprise (GSE)

MBA reports that a slip in sales transaction and refi volumes has meant less new debt was extended in the third quarter.

As climate changes expose more U.S. housing stock to potential flood damage, the Congressional Budget Office has issued an impact report encompassing homeowners with mortgages protected by the GSEs or backed by the FHA or VA.

Delivering solid third quarter earnings while supporting the U.S. housing finance system, Freddie Mac reported net revenues at $5.7 billion, up 10% year-over-year, driven by higher net interest income and non-interest income.

Quarter-over-quarter, the GSE reported that net income decreased $295 million in Q3 of 2023 over Q2, as Fannie Mae assisted with the purchase, refinance, or rental of 428,000 households in the third quarter. Read the full financials in our story after the link.

A new report from TransUnion explores FHFA’s proposal to utilize two instead of three credit reports, and the significant impact such a move would have on consumers, mortgage lenders, and the broader economy.

Michael J. DeVito will move on from the role of CEO in the first quarter of 2024, as the GSE is set to begin its search for a successor to the position.

Government-sponsored enterprises Fannie Mae and Freddie Mac are now required to provide advance notice to the Federal Housing Finance Agency before offering new products.

How many loans purchased by Freddie Mac and Freddie Mae are expected to become delinquent? Click through to find out. 

In accordance with IRS guidelines on the trading of Uniform Mortgage-Backed Securities, the FHFA’s deemed-issuance-ratio for the new year will be set to 53% for Fannie Mae and 47% for Freddie Mac.

Pursuant to the Housing and Economic Recovery Act of 2008, the FHFA has released its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac.