Tag Archives: Fannie Mae

The macroeconomic picture in the U.S. continues to battle economic headwinds—namely a September jobs report that came in below expectations and an appreciating dollar which will pressure the already growing U.S. trade deficit, Fannie Mae said. Yet, housing remains in a fairly positive zone, considering all of the factors weighing it down.

Fannie Mae and Freddie Mac recently issued new updates to rules related to mortgage repurchases that will provide clarity and transparency to lenders and more credit access to borrowers.

Fannie Mae and Freddie Mac are offering lenders and servicers an informal hold harmless grace period for the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosure Rule.

Consumer confidence in the housing market rose in September nearly to its record high, driven mostly by positive sellers' attitudes and home price strength.

The combined second quarter 2015 earnings of Fannie Mae and Freddie Mac increased $2.4 billion from the first quarter to a total of $8.8 billion, according to the Quarterly Performance Report of the Housing GSEs from the Federal Housing Finance Agency.

Fannie Mae's gross mortgage portfolio declined at a compound annualized rate of 19.1 in August, marking the sixth time in the last seven months that the portfolio has contracted at the rate of at least 13 percent, according to Fannie Mae's August 2015 Monthly Volume Summary released Wednesday.

The Community Home Lenders Association released a housing finance Action Plan Monday that outlines Fannie Mae and Freddie Mac reform steps, preserves a government guarantee, and protects taxpayers.

Two former Fannie Mae executives have agreed to settle with the Securities and Exchange Commission to resolve claims of fraud regarding Fannie Mae's subprime exposure before the financial crisis, according to media reports.

Mortgage lending standards continued to ease across all types of loans in the third quarter, according to Fannie Mae’s most recent Mortgage Lender Sentiment Survey.

Despite recent market volatility, economic growth in the second half of the year is expected to improve, Fannie Mae says.