Secondary Market

Fannie Mae’s gross mortgage portfolio resumed its contraction in February following a rare month of expansion in January, according to the GSE’s Monthly Volume Summary for February 2016.

The report from the FHFA Office of the Inspector General covered an 18-month period from early 2013 to mid-2014.

Housing markets in the U.S. remain stable due to employment and current mortgage payments as 2016 moves forward, according to Freddie Mac.

Fannie Mae and Freddie Mac's donation to the National Housing Trust Fund drew both applause and caution from housing advocates and civil rights groups

Fewer mortgage lenders are reporting that they are loosening credit standards, and many do not expect credit to become more accessible over the next few months, according to data from Fannie Mae.

The Federal Housing Finance Agency said it was looking for a "responsible solution" to the issue of mortgage debt reduction.

Fannie Mae has announced its latest contribution to the credit risk transfer space—two Credit Insurance Risk Transfer deals that shift a portion of the credit risk on pools of single-family loans and brings more private capital into the market.

Financial markets in the U.S. are showing continued improvement as the year progresses, but Fannie Mae expects economic growth to remain flat, which could place a damper on the housing market.

This credit risk transfer transaction is expected to reduce the risk borne by U.S. taxpayers and bring more private capital back into the mortgage market.

The U.S. banking industry's period of recovery and release have come to a close and significantly higher credit costs lie ahead which will indeed affect these institutions' first quarter earnings.