Tag Archives: GSEs

In a report released by the Executive Office of the President, the administration recommended significant changes to Fannie Mae and Freddie Mac, including ending their conservatorship and reducing the role of the GSEs in the market.

Two industry experts talk GSEs, CRTs, and guarantee fees and why shifting mortgage default risk from taxpayers to investors is a very good thing, including helping shield taxpayers from a dire financial crisis more onerous than ’08.

Just how many non-performing loans have the GSEs sold off in their ongoing drive to shift credit risk into the private sector? Here's what the FHFA had to say.

In his testimony before the Banking Committee, Melvin Watt, Director, FHFA outlined the challenges facing the conservatorship of the GSEs and why it was the Congress’ responsibility to decide on housing finance reforms.

Rep. Jeb Hensarling, Chairman of the House Financial Services Committee, said on Friday that the committee would be launching a full investigation into recent allegations in a Bloomberg report that high-ranking Fannie Mae employees were intentionally violating their government prohibition ...

The GSEs, Fannie Mae and Freddie Mac, completed nearly 20,000 foreclosure prevention actions in February 2018, according to the latest Foreclosure Prevention Report issued by the FHFA. The exact total of foreclosure prevention actions for February 2018 came to 19,932. ...

Fannie Mae released its Q1 financial statement Thursday. Overall, the news was good for the GSE. Fannie posted a net income of $4.3 billion, after taxes, in Q1. That's up from a $6.5 billion loss and a comprehensive loss of $6.7 ...

Beginning on June 3, 2019, the GSEs will begin issuing a new common security known as the Uniform Mortgage-Backed Security (UMBS). The Federal Housing Finance Agency announced the change on Wednesday, revealing that the common securities will replace the Enterprises’ ...

It’s been a decade since the housing crisis of 2008. As the present administration looks at rolling back some of the more stringent regulations that were introduced during that time to protect homes and homeowners, the regulatory framework is also ...

If the market crashes again, taxpayers are at risk. Congress seeks to reduce this risk by implementing reform the Fannie Mae and Freddie Mac, but at what cost to borrowers?