Fannie Mae and Freddie Mac announced a reduction in the upfront fee for commingled securities to 9.375 basis points, effective April 1; additionally, the Federal Housing Finance Agency announced updates to the government-sponsored enterprises’ single-family pricing framework, effective May 1.
Tag: Freddie Mac
FHFA Releases 2023 Scorecard for Fannie Mae, Freddie Mac, CSS
The Federal Housing Finance Agency on Wednesday released the 2023 Scorecard for Fannie Mae and Freddie Mac and their joint venture, Common Securitization Solutions LLC.
Fannie Mae, Freddie Mac Announce Replacement Rates for Legacy LIBOR Products
Fannie Mae and Freddie Mac on Dec. 22 announced replacement rates for legacy LIBOR loans and securities.
FHFA Announces Final Rule for New GSE Products, Activities
The Federal Housing Finance Agency published a final rule that requires Fannie Mae and Freddie Mac to provide advance notice to FHFA of new activities and obtain prior approval before launching new products.
MBA Offers FHFA Recommendations on Housing Equity
The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, offered a set of recommendations addressing the Agency’s efforts to improve home equity, particularly with respect to the racial homeownership gap.
FHFA Raises 2023 GSE Conforming Loan Limits to $726,000
The Federal Housing Finance Agency on Tuesday increased the conforming loan limit values for mortgages to be acquired by Fannie Mae and Freddie Mac for one-unit properties to $726,200, an increase of 12.21 percent ($79,000) from $647,200 in 2022.
FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency on Friday announced 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $75 billion for each Enterprise (for a total of $150 billion).
MBA Urges FHFA to Embrace Standards-Based Technology Approaches to Fintech
The Mortgage Bankers Association, in a letter last week to the Federal Housing Finance Agency, said the Agency should not inadvertently hinder innovation through choices made by its regulated entities.
MBA Commends FHFA’s New Enterprise Housing Goals Methodology Proposal
The Mortgage Bankers Association on Thursday commended the Federal Housing Finance Agency for its proposed rule establishing 2023-2024 Multifamily Enterprise Housing Goals for Fannie Mae and Freddie Mac.
FHFA: GSEs Complete 97,000 2nd Quarter Foreclosure Preventions
The Federal Housing Finance Agency released its second quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 96,945 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 6,591,002 since start of conservatorships in September 2008.