Despite a year-over-year decline in profitability, Fannie Mae's Q2 earnings report still contained several positives, among them liquidity provided to the mortgage market and credit risk transfer.
Read More »G-Fees Level Off After Years of Rising Sharply
The FHFA's annual report on the progress of the GSEs' guarantee fees found that the fees are more stable due to lower credit risk on new acquisitions.
Read More »Brexit Brings Upswing In Mortgage Originations
The effects of last month’s Brexit vote are starting to take hold in the U.S. mortgage market, where cautious (but definitive) optimism has sparked the refinancing sector.
Read More »HARP Delinquency Rates Lower Across the Board
Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.
Read More »Voters Believe Housing in America Needs Serious Fixing
Voters are widely dissatisfied with access to housing and mortgages and they believe the system is rigged against those who can't borrow money, according to a recent survey.
Read More »FHFA Reports Progress on Single Security Initiative
According to the FHFA, the GSEs intend to begin implementing the Common Securitization Platform software later this year.
Read More »Fannie Mae: Consumer Housing Outlooks are Mixed
With the release of Fannie Mae’s most recent Home Purchase Sentiment Index, it seems consumers have mixed feelings on the outlook of today’s housing and economic markets.
Read More »May Brings Further Contraction for Fannie Mae’s Portfolio
The aggregate UPB of Fannie Mae's gross mortgage portfolio has shrunk by more than 50 percent in the last six years.
Read More »Stakeholders Urge Watt to Reduce LLPAs and G-Fees
A group of 26 stakeholders in the housing industry has written a letter to FHFA Director Mel Watt asking him to either reduce or eliminate loan-level price adjustments (LLPAs) and guarantee fees charged by the Fannie Mae and Freddie Mac.
Read More »Lawmakers Not Giving Up on GSE Reform
The bill, called the HR 5505 GSE Review and Reform Act, would require the U.S Treasury Secretary to study the Federal Housing Finance Agency’s conservatorship of Fannie Mae and Freddie Mac annually.
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