The Mortgage Bankers Association this week sent a letter to the Federal Housing Finance Agency, offering recommendation to improve Fannie Mae and Freddie Mac’s efforts to address long-standing challenges related to housing equity and the racial homeownership gap.
Tag: Fannie Mae
September New Home Sales Post Strong 14% Increase
New home sales jumped by 14 percent in September, HUD and the Census Bureau reported Tuesday, showing no signs of the traditional fall slowdown.
MBA Submits Comments on FHFA Proposed GSE 2022-2024 Housing Goals
The Mortgage Bankers Association on Monday submitted comments to the Federal Housing Finance Agency on its proposed rule for 2022-2024 housing goals for Fannie Mae and Freddie Mac.
Industry Briefs Oct. 21, 2021: Clarifire Partners with Freddie Mac on Streamlined Servicing Workouts
Clarifire, St. Petersburg, Fla., announced its CLARIFIRE workflow automation application has gone live with Resolve, Freddie Mac’s new integrated default management platform.
HUD, FHFA Heads Zero in On Housing Affordability, Appraisals
SAN DIEGO—Few people have had more impact off the bat than HUD Secretary Marcia Fudge and Federal Housing Finance Agency Acting Director Sandra Thompson.
FHFA Increases Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps
The Federal Housing Finance Agency, Washington, D.C., increased the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac to $78 billion each.
FHFA Increases Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps
The Federal Housing Finance Agency, Washington, D.C., increased the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac to $78 billion each.
September Employment Sees 194,000 Gain; Unemployment Rate Falls to 4.8%
Total nonfarm payroll employment rose by 194,000 in September—well below expectations—but the unemployment rate fell by 0.4 percentage point to 4.8 percent, the Bureau of Labor Statistics reported Friday.
Industry Briefs Oct. 8, 2021: Homebuyers’ Average Monthly Mortgage Payment Jumps
Redfin, Seattle, said the average homebuyer’s monthly mortgage payment rose $50 over the past six weeks. At the same time, sellers’ median asking price increased 12% year over year to a record high.
Multifamily Market Musings: a Conversation with Fannie Mae’s Kim Betancourt
Kim Betancourt is Fannie Mae’s Senior Director of Economics and Multifamily Research. She manages a team of real estate economists that focus exclusively on the multifamily sector.