Tag Archives: GSE

According to the GSE, the Federal Housing Finance Agency announced additional enhancements to its requirements for sales of non-performing loans by Fannie Mae and Freddie Mac on April 14, 2016, that build on requirements originally announced in March 2015. These enhancements apply to the non-performing sale that was announced today.

Since Fannie and Freddie were seized by regulators in 2008, a fix has been promised. As the two GSEs, which back close to 40 percent of U.S. home loans, face the threat of requiring aid, that need for a fix has become more urgent. Senators Corker and Warner are not assured that an overhaul will succeed.

According to a recently released report by the Federal Housing Finance Agency (FHFA), foreclosures from Fannie Mae and Freddie Mac since the dawn of conservatorship reached 3.8 million as of Q4 2016. Overall however, serious delinquencies are down, along with short sales and REOs. FHFA also found that that the types of loan modifications offered are being influenced by the increase in home prices over the last couple of years.

One of the world’s top rating agencies warned on Monday that sweeping or high-level changes to Fannie Mae and Freddie Mac could unleash a host of unintended consequences on America’s housing-finance system and the global banking sector—just as they enter ...

Credit risk transfer is GSE’s largest whole loan securities deal to date. Deal includes $602M in guaranteed senior certificates backed by 1,227 super-conforming loans.

In addition to low rates of serious delinquency, Freddie Mac reported a total mortgage portfolio increase rate of 3.7 percent in January.

In response to the Federal Court's denial of stockholders' claims, Fannie Mae and Freddie Mac's stocks fell 35 percent and 38 percent, respectively.

“Our latest version of our Encompass all-in-one mortgage management solution will expand support for Construction loans, offer more powerful trade management enhancements, and Fannie Mae and Freddie Mac workflow enhancements,” said Jonathan Corr, President and CEO of Ellie Mae.

The GSE is expected to pay the Department of the Treasury a $5.5B dividend next month.

After being ordered to release 56 documents related to the sweeping of GSE profits into Treasury, the government fights back.