Financial markets in the U.S. are showing continued improvement as the year progresses, but Fannie Mae expects economic growth to remain flat, which could place a damper on the housing market.
Read More »JPMorgan Chase Prepares $1.9 Billion MBS Deal
This credit risk transfer transaction is expected to reduce the risk borne by U.S. taxpayers and bring more private capital back into the mortgage market.
Read More »Credit Plus Tests Trended Credit Data to Meet Fannie Mae Requirements
Credit Plus, a provider of insight for mortgage professionals, recently announced that it is currently testing trended credit data within its platform to meet Fannie Mae requirements and expects the availability of trended credit data reports beginning April 1, 2016.
Read More »First Time Homebuyers Face Slow Home Price Appreciation
As home prices increase at a much slower pace than they have been over the last few years, potential homebuyers may have found their opportunity to enter the housing market as homes become more affordable.
Read More »FHFA Continues Outreach Efforts to HARP-Eligible Homeowners
The agency noted it wanted to reach out to homeowners who had other factors that could compensate for their low credit scores for a possible mortgage refinance.
Read More »Profit Margins Weighing Heavy on Lenders’ Minds
Slow household formation, mortgage demand, and compliance costs associated with new regulatory requirements are impacting lenders' business operations and profitability in the housing market.
Read More »Fannie Mae, Freddie Mac Deemed Private Companies by 9th Circuit Court
The Ninth Circuit Court of Appeals affirmed a decision by a lower court that Fannie Mae and Freddie Mac are "private companies." What will the ruling mean, if anything, for the pending lawsuits by GSE investors who claim the Net Worth Sweep is illegal?
Read More »Fannie Mae’s Mortgage Portfolio Kicks Off 2016 With Rare Expansion
January was only the fourth time since June 2010 that the portfolio has experienced growth month-over-month.
Read More »Compliance, Competition High on the List of Worries for Lenders
While 2015 was a prosperous year for lenders, a tougher mortgage market lies ahead in 2016. With the Fed hanging at least four rate hikes over the industry, this could place damper on origination business operations.
Read More »Fannie Mae’s Single-Family Business Suffers from Credit Expenses
Just one day after FHFA Director Mel Watt stated during an address in Washington, D.C. that risks facing the Agency (namely the GSEs’ declining capital buffer) are “certain to escalate” the longer the conservatorships of the GSEs continue, Fannie Mae reported an annual net income of $11.0 billion for 2015—a decline of 23 percent from the previous year’s net income of $14.2 billion.
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