SAN DIEGO–The environment remains challenging but issues such as workforce housing, renter protections and property conditions and insurance are prime topics for Freddie Mac and Fannie Mae, officials from each said during a Feb. 13 session at the MBA Commercial/Multifamily Finance Convention and Expo.
Tag: Fannie Mae
New MBA Commercial Property Inspection Form Reflects Industry Collaboration
As of Jan. 1, a new property inspection form now exists for use within the commercial real estate industry. Part of an industry and MBA effort, the new form is called the MBA Standard Inspection Form.
FHFA Releases 2024 Scorecard for Fannie Mae, Freddie Mac, CSS
The Federal Housing Finance Agency on Tuesday released the 2024 Scorecard for Fannie Mae and Freddie Mac and their joint venture, Common Securitization Solutions LLC.
Fannie Mae’s Tim McCallum Discusses 2024 Expectations: #MBAIMB24
NEW ORLEANS–Tim McCallum, senior vice president and head of single-family business account management at Fannie Mae, sees more optimism in the market today than in recent months.
New MBA Commercial Property Inspection Form Reflects Industry Collaboration
As of Jan. 1, a new property inspection form now exists for use within the commercial real estate industry. Part of an industry and MBA effort, the new form is called the MBA Standard Inspection Form.
MBA: Share of Mortgage Loans in Forbearance Decreases to 0.23% in December 2023
The Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance decreased by 3 basis points from 0.26% of servicers’ portfolio volume in the prior month to 0.23% as of Dec. 31, 2023.
FHFA: More Than 6.8M Troubled Homeowners Helped During Conservatorships
The Federal Housing Finance Agency reported Fannie Mae and Freddie Mac completed 43,356 foreclosure prevention actions during the third quarter, raising the total number of homeowners who have been helped to 6.86 million since the start of conservatorships in 2008.
Fannie Mae: Mortgage Lenders Cite Operational Efficiency as Primary AI Motivation
Mortgage lenders overwhelmingly cited improving operational efficiency as their primary motivation for adopting Artificial Intelligence/Machine Learning, reported Fannie Mae, Washington, D.C.
FHFA: GSEs Completed 47,370 Foreclosure Prevention Actions During Second Quarter
Fannie Mae and Freddie Mac completed 47,370 foreclosure prevention actions during the second quarter, raising the total number of homeowners helped to 6.8 million since the conservatorships started in 2008, the Federal Housing Finance Agency reported.
LoanLogics’ Jenevieve Impavido: Overcoming a New Catch-22—Fannie Mae’s QC Requirements
It’s been one of the hottest summers ever in the U.S.—in fact, according to NASA, July 2023 was the warmest month in recorded history. Likewise, the mortgage industry has started feeling heat of its own with new, more stringent Fannie Mae guidelines for QC reviews and rising GSE repurchase activity.