A federal judge unsealed documents related to Fairholme Funds’ lawsuit against the government over the sweeping of GSE profits into Treasury that may be undermining to the government’s position.
Read More »TRID Could Mean Trouble for GSE Credit-Risk Transfers
Per the direction of their conservator and regulator, the FHFA, Fannie Mae and Freddie Mac were instructed not to conduct loan-level reviews for technical compliance with TRID when conducting their credit-risk transfer transactions.
Read More »The Path Forward—7 Ways to Initiate Housing Reform
With every proposal for GSE reform being shot down at every turn, the chances of change occurring remains slim but not impossible.
Read More »Improving What Works: 5 Ways to Reform the GSEs
In a recent essay, former Vice Chairman and CFO of Fannie Mae, Tim Howard, explains that the GSE reform should be based on mending the system already in place to to avoid yet another crisis by following these five methods.
Read More »Fannie Mae’s Mortgage Portfolio Wind Down Continues
Fannie Mae’s gross mortgage portfolio resumed its contraction in February following a rare month of expansion in January, according to the GSE’s Monthly Volume Summary for February 2016.
Read More »Watchdog Chides FHFA for Lack of Oversight
The report from the FHFA Office of the Inspector General covered an 18-month period from early 2013 to mid-2014.
Read More »Mixed Reviews for GSE Trust Fund Contribution
Fannie Mae and Freddie Mac's donation to the National Housing Trust Fund drew both applause and caution from housing advocates and civil rights groups
Read More »A Credit Shuffle Among Mortgage Lenders
Fewer mortgage lenders are reporting that they are loosening credit standards, and many do not expect credit to become more accessible over the next few months, according to data from Fannie Mae.
Read More »FHFA: Debt Reduction is ‘Still Under Consideration’
The Federal Housing Finance Agency said it was looking for a "responsible solution" to the issue of mortgage debt reduction.
Read More »Fannie Mae Offers a $19.5 Billion Credit Insurance Risk Transfer Deal
Fannie Mae has announced its latest contribution to the credit risk transfer space—two Credit Insurance Risk Transfer deals that shift a portion of the credit risk on pools of single-family loans and brings more private capital into the market.
Read More »