Category: News and Trends

The Federal Housing Finance Agency said Fannie Mae and Freddie Mac completed 49,104 foreclosure prevention actions in the first quarter, bringing the total number of troubled homeowners helped since conservatorships to nearly 3.9 million.

WASHINGTON, D.C.–Sen. Mark Warner, D-Va., never wanted to know as much about housing finance as he does now.

WASHINGTON, D.C.–If the political atmosphere here in Washington seems a bit fractious, that’s because it is. But it doesn’t mean things are at a standstill.

WASHINGTON, D.C.–Sen. Mark Warner, D-Va., never wanted to know as much about housing finance as he does now.

WASHINGTON, D.C.–If the political atmosphere here in Washington seems a bit fractious, that’s because it is. But it doesn’t mean things are at a standstill.

Ahead of a series of votes scheduled today on several House bills addressing flood insurance, the Mortgage Bankers Association sent a letter to members of the House Financial Services Committee expressing support for some measures but raising concern over others.

CoreLogic, Irvine, Calif., said March mortgage delinquencies fell to the lowest rate in 10 years.

Fitch Ratings, New York, said mortgage exposure for U.S. life insurers continued a run of strong performance in 2016 driven by low credit impairments.

The Federal Housing Finance Agency last week released its 2016 Report to Congress, which provides details on the Agency’s activities over the course of the past year, including its actions as conservator of Fannie Mae and Freddie Mac.

Returns on life company commercial mortgage investments rebounded in the first quarter to generate a 1.60 percent total return, the LifeComps Commercial Mortgage Index, Boston, reported.