Fannie Mae and Freddie Mac have been under conservatorship for almost eight years following a massive taxpayer-funded bailout. While many in the industry have called for a GSE reform on numerous occasions over the years, the future of the conservatorship remains uncertain.
Read More »Housing Affordability Constrained by Lack of Income Growth
With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market.
Read More »Fairholme Still Urging GSE Net Worth Sweep to End
Fairholme Funds, one of the largest GSE investors, sued the government in 2013 for sweeping of GSE profits into the U.S. Department of Treasury and recently noted that "a “common sense solution" will prevail.
Read More »GSEs Introduce Independent Dispute Resolution Process for Loan Repurchases
Fannie Mae and Freddie Mac revealed a highly-anticipated, final independent dispute process for mortgage buybacks. The new process will offer more clarity and transparency for lenders and increased credit access to borrowers.
Read More »Fannie Mae Predicts Healthy Housing Market, Despite Affordability Issues
As Fannie Mae sees it, the year ahead will be less like a person in love and more like one in a satisfying longterm relationship. Growth in the U.S. housing market will continue for its seventh straight year, but there will be bills to pay.
Read More »Fannie Mae’s HARP Refinances Pile Up
More American households are saving money, reducing their interest rates, and stabilizing or shortening their loans by refinancing their mortgage.
Read More »Consumer Sentiment Wraps 2015 on Positive Note
The year of 2015 was a year of prosperity and growth for the housing market, and in turn, consumers displayed their confidence with positive feelings toward their income, job security, and overall economic outlook.
Read More »Fannie Mae’s Mortgage Portfolio Contracts for Eighth Straight Month
Fannie Mae’s gross mortgage portfolio experienced its largest compound annual rate of contraction for one month so far in 2015
Read More »New Fannie Tool Expands Potential Aid for Troubled Borrowers
Fannie Mae has unleashed a new tool that will help servicers analyze additional borrower information to determine more quickly whether or not a distressed homeowner qualifies for a Fannie Mae loan modification.
Read More »FICO: There is no Monopoly on the GSEs Credit Scoring Model
Fannie Mae and Freddie Mac recently made headlines when congress members said that the GSEs had a monopoly on their credit scoring system due to their singular use of the FICO score.
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