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.
Tag: Freddie Mac
FHFA, Ginnie Mae Update Capital, Liquidity, Net Worth Requirements for Seller/Servicers, Issuers
The Federal Housing Finance Agency and Ginnie Mae on Wednesday updated minimum financial eligibility requirements for seller/servicers and issuers.
FHFA Proposes 2023-2024 Fannie Mae, Freddie Mac Multifamily Housing Goals
The Federal Housing Finance Agency on Tuesday proposed new benchmark levels for Fannie Mae and Freddie Mac multifamily housing goals in 2023 and 2024.​
FHFA Announces Update for Services to Maintain Fair Lending Data
The Federal Housing Finance Agency on Wednesday announced Fannie Mae and Freddie Mac will require servicers to obtain and maintain fair lending data on their loans, and for this data to transfer with servicing throughout the mortgage term.
FHFA: Fannie, Freddie NPL Sales at 155,000
Fannie Mae and Freddie Mac have sold nearly 155,000 non-performing loans with a total unpaid principal balance of $28.7 billion since 2014, the Federal Housing Finance Agency reported.
Broeksmit Weighs in on How to Narrow Minority Homeownership Gap
Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, said Special Purpose Credit Programs can provide lenders with an effective way to serve minority groups who do not have access to generational wealth.
Fitch: FHFA Final Capital Rules Supportive of Credit for Fannie, Freddie
Fitch Ratings, New York, said the Federal Housing Finance Agency recent adoption of final regulations requiring the submission of annual capital plans and new public risk disclosures for Fannie Mae and Freddie Mac are creditor positive.
FHFA, GSEs Detail Equitable Housing Finance Plans
The Federal Housing Finance Agency on Wednesday offered details of the government-sponsored enterprises’ Equitable Housing Finance Plans for 2022-2024.
FHFA Releases GSE 2021 Mission Report
The Federal Housing Finance Agency released its annual Mission Report that describes Fannie Mae, Freddie Mac and Federal Home Loan Bank activities to increase access to financing for economic development and affordable, equitable and sustainable housing.
NOAA Sees Above-Normal Hurricane Season
Okay, all you holders of residential and commercial real estate along the Atlantic coast and the Gulf of Mexico: brace yourself for another potential summer of sandbags and insurance claims.