The Mortgage Bankers Association on Monday sent a letter to the Federal Housing Finance Agency, offering detailed recommendations on the agency’s re-proposal of eligibility requirements for seller/servicers of single-family loans backed by Fannie Mae and Freddie Mac.
Tag: Fannie Mae

Big Changes at Fannie Mae
Fannie Mae, Washington, D.C., announced Board Chair Sheila C. Bair and CEO Hugh R. Frater will resign effective May 1. The Board elected Michael J. Heid to succeed Bair and appointed Fannie Mae President David Benson as Interim CEO and Board member.

FHFA: More than 6.3M Homeowners Helped Since Conservatorship
The Federal Housing Finance Agency released its fourth quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 153,793 foreclosure prevention actions during the quarter

MBA Letter Addresses Concerns About FHFA Strategic Plan
The Mortgage Bankers Association, in comments to the Federal Housing Finance Agency, expressed support for many elements of the proposed FHFA five-year strategic plan while raising concerns on several issues.

FHFA Issues Final Rule Amending GSE Regulatory Capital Framework
The Federal Housing Finance Agency on Feb. 25 published a final rule that amends the Enterprise Regulatory Capital Framework by refining the prescribed leverage buffer amount and risk-based capital treatment of retained credit risk transfer exposures for Fannie Mae and Freddie Mac.

FHFA Re-Proposes Updated Eligibility Requirements for Enterprise Single-Family Seller/Servicers
The Federal Housing Finance Agency on Thursday re-proposed minimum financial eligibility requirements for Fannie Mae and Freddie Mac seller/servicers.

FHFA Targets Increases to GSE Pricing Framework; Upfront Loan-Level Pricing Adjustments Take Effect Apr. 1
The Federal Housing Finance Agency on Wednesday announced targeted increases to Fannie Mae and Freddie Mac’s upfront fees for certain high-balance loans and second-home loans, effective Apr. 1.

FHFA Finalizes 2022-2024 Single-Family, 2022 Multifamily Housing Goals
The Federal Housing Finance Agency released benchmark levels for Fannie Mae and Freddie Mac single-family housing goals for 2022 through 2024 and benchmark levels for multifamily housing goals for 2022.

FHFA: GSE Delinquency Rate Falls to 1.55%
The Federal Housing Finance Agency released its third quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 180,566 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 6,210,485 since the start of conservatorships in September 2008.

FHFA: Freddie Mac Fails 2020 Low-Income Refi Goal; GSE Guarantee Fees Fall
The Federal Housing Finance Agency announced final determinations for Fannie Mae/Freddie Mac performance on their 2020 housing goals, saying Freddie Mac failed to meet a key goal.