The FHFA reports that Fannie Mae and Freddie Mac sold 155,034 non-performing loans with a total unpaid principal balance of $28.7 billion from the program’s inception in 2014 through June 30, 2022.
Read More »Plan & Prevail: How the Industry Can Prepare for an Uncertain Future
Though the housing industry may not be able to pinpoint the next widescale impactful event, developing a well-grounded plan can help navigate it, mitigate risk, and get homeowners back on track.
Read More »Appraisal Modernization: Where We Are Now, What to Expect in 2023
Phil King of EXOS Valuations at ServiceLink discusses how technology has advanced the appraisal industry, and what lies ahead for the market in the next year.
Read More »FHFA Announces Targeted Changes to GSE Pricing Framework
The FHFA has taken further action to ensure that all borrowers and renters have equitable access to long-term affordable housing opportunities by implementing targeted increases to the upfront fees for most cash-out refinance loans.
Read More »The Future of Fannie Mae and Freddie Mac
A new opinion piece from Don Layton, the former Freddie Mac boss, explores how the GSEs came to be under government control, and what the future should hold for the two companies.
Read More »FHFA Proposes Rule to Assist U.S. Border States
New amendments seek to remove barriers to the FHFA’s Enterprise Duty to Serve activities in high-needs rural regions of the nation’s southern border states.
Read More »Priscilla Almodovar to Serve as Fannie Mae CEO
A financial services veteran, Almodovar brings more than 30 years of finance, real estate, and community development expertise and a strong commitment to affordable housing.
Read More »GSEs to Require Servicers to Obtain Fair Lending Data
In a move to assist borrowers in times of distress, the FHFA will require mortgage servicers to obtain fair lending data on borrowers to better understand their needs throughout the life of the loan.
Read More »GSEs Further Advancing the Pursuit of Affordable Housing
In its inaugural Mission Report, the GSEs reported the acquisition of more than 360,000 loans, further supporting the goal of affordable, sustainable, and equitable housing for all.
Read More »New FHFA Initiative Aimed at Narrowing the Homeownership Gap
The Biden Administration and the FHFA have announced several new initiatives to combat housing inequality, including the GSE investment of up to $850 million annually in Low-Income Housing Tax Credits.
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