Like its sister agency, Freddie Mac this week reported large Q4 losses that will require government bailout money for the first time since 2012. The major difference is that Freddie won't need as much money as Fannie Mae. On Thursday, ...
Read More »The State of the Housing Industry
As President Trump will present his State of the Union address to the Senate this evening, what is the State of the Housing Industry? With home prices that show no signs of decreasing, changes in leadership at the Consumer Finance ...
Read More »GSE Credit Risk Transfer Loss Expectations Trend Lower
Fitch Ratings has released a new installment of its GSE Credit Risk Transfer (CRT) Loss Projections Report, which is published every six months, in January and June. The report “details Fitch Ratings’ projections for future credit events and losses on ...
Read More »Freddie Mac Appoints Jacqueline Welch as CDO and HRDI Head
Welch to lead Freddie Mac's diversity and inclusion strategy for its workforce and supplier diversity programs, as Chief Diversity Officer.
Read More »Fannie Offers $10M for Affordable Housing Solutions
Fannie Mae is offering $10 million dollars for solutions to the country’s affordable housing issues. The government-sponsored enterprise issued its Sustainable Communities Innovation Challenge earlier this week.
Read More »Ginnie Mae: Outstanding Principal Balance Edges Closer to $2 Trillion
The GSE has released its latest Unpaid Principal Balance Summary, revealing that Ginnie Mae issued nearly $40 billion of MBS for the month of November 2017.
Read More »FHFA, GSEs Continue Keeping Homeowners From Foreclosure
The Federal Housing Finance Agency released its Q2 2017 Foreclosure Prevention Report, outlining results of the continued efforts the agency and the GSEs are implementing to prevent homeowners from going into foreclosure.
Read More »Mnuchin: GSE Reform On Hold
Secretary of the Treasury Steve Mnuchin said he doesn’t think reform of the government sponsored enterprises will happen until 2018, despite bipartisan advice.
Read More »For Sale: Freddie’s Largest RPLs
Freddie Mac has announced plans to sell off a pool of $983 million in seasoned re-forming and moderately delinquent loans. This marks the second sale of its kind this year—and the biggest Freddie’s offered up to date.
Read More »Delinquencies Take Another Dive
Delinquencies, foreclosures, and homes in negative equity all dropped over the last quarter and the last year, according to new data. But just how much have they dipped and why?
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