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.
Read More »Is It Time for Servicers to Join the Digital Revolution?
While lenders have been adding eSign capabilities to all stages of the origination process for years, implementing eSign and RON technology into the loss mitigation process would be a completely new experience for many new servicers.
Read More »Fannie Mae Executes First CIRT of 2023
Through transaction of $11.8 billion in single-family loans, Fannie Mae continues its effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market.
Read More »Ginnie Mae Announces LMI Income Disclosure, Enhances ESG Metrics
Stepping up its Environmental, Social, and Governance (ESG) efforts, Ginnie Mae is providing greater transparency into its pools for investors through new LMI disclosure.
Read More »GSEs Issue Report on Non-Performing Loans
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 »Examining Q3 Mortgage Delinquencies
After a recent report found nearly 1.4 million home loans nationwide were in some stage of delinquency, a new MBA report examines how the multifamily side of the housing sector compared during Q3 2022.
Read More »Fannie Mae Completes Final CIRT of the Year
In executing its 11th Credit Insurance Risk Transfer transaction of 2022 for $343 million, the GSE continues its effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market.
Read More »Fannie Mae Completes Latest CIRT Transaction
The GSE executes its 10th Credit Insurance Risk Transfer Transaction of 2022, as part of its ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage marketplace.
Read More »Fannie Mae Executes First Credit Insurance Risk Transfer of 2022
Completion of CIRT 2022-1 by the GSE covers $26.1 billion in unpaid principal balance of fixed-rate loans, acquired between January 2021 and March 2021.
Read More »