The U.S. Supreme Court ruled on Wednesday that Fannie Mae cannot automatically bring state lawsuits to federal court, reversing an earlier decision by the Ninth Circuit Court.
Read More »HARP-Incentivized Borrowers are Concentrated
Nearly a quarter of a billion borrowers nationwide are eligible and have an incentive to refinance through the FHFA's Home Affordable Refinance Program, which is scheduled to expire later this year. And more than half of them are located in 10 states.
Read More »KBRA: Don’t Remove Government Backing from Mortgages
Privatizing the GSEs could potentially have an adverse effect on the mortgage market in the United States, according to Kroll Bond Ratings Agency.
Read More »Fannie Mae’s Mortgage Portfolio Shrinks Further
Despite two rare monthly expansions this year, Fannie Mae's gross mortgage portfolio is on a swift downward trajectory.
Read More »The Next Steps Toward a Single Security for the GSEs
The FHFA expects to implement the Single Security on the CSP for both Fannie Mae and Freddie Mac sometime in 2018. What does the Agency hope to accomplish in 2017 toward achieving that goal?
Read More »Fannie Mae Offers Appraisal Waiver for Eligible Loans
Under new guidelines, which Fannie Mae-backed loans will be offered a property inspection waiver?
Read More »Credit Unions Weigh in on GSE Reform
The chief of the National Association of Federal Credit Unions has asked Congress to keep certain principles in mind while drafting a plan to overhaul Fannie Mae and Freddie Mac.
Read More »Advocacy Groups Urge Regulators to Loosen Credit Access
Depending on who is reporting origination numbers, access to mortgage credit is either tight or loose. A group of 21 advocacy and civil rights groups let regulators know they think it is too tight.
Read More »Freddie Mac Takes a Giant Step Toward a Single Security
Freddie Mac has reached a “critical” milestone toward its goal of implementing the Single Security Initiative with the first use of Common Securitization Platform (CSP) software.
Read More »Freddie Mac Requests to Remove Stocks from European Union
Debt securities, mortgage securities, and STARC debt notes will no longer be accepted to trading in the Luxembourg and Ireland markets.
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