Tag Archives: Fannie Mae

Fannie Mae and Freddie Mac will continue to maintain their dominant role in the housing market, according to a report from Fitch Ratings.

Fannie Mae's total Book of Business shrank 1.8 percent in January, falling to $3.186 trillion from December's $3.190 trillion.

Equity Loans, a residential mortgage industry leader based in Atlanta, Georgia, announced that after a series of tests regarding its staffing, processes, experience, and organization, it has received Fannie Mae's approval as a seller and servicer of one-to-four family first lien mortgages for whole loan execution.

Mortgage origination volume continued to climb in 2012, according to data from Mortgage Daily's 2012 Mortgage Lender Ranking. According to data collected from surveys, earnings filings, and other public disclosures, loan volume across all lending firms grew 30 percent annually in 2012. In the fourth quarter alone, Mortgage Daily reports residential originations coming in around 3 percent above third-quarter volume. Year-over-year, Q4 saw mortgage production grow 17 percent.

FHFA's inspector general says in a new report that the agency needs to provide better guidance for investigators examining the GSEs' multifamily loan portfolios.

Fannie Mae's Economic & Strategic Research Group is maintaining its outlook for slow and steady growth in 2013.

About 60 percent of loans written today would be unacceptable under the finalized rules for a QM and the anticipated rules for a QRM, according to CoreLogic.

Two U.S. senators reintroduced legislation designed to open up competition and limit barriers to refinance for qualified homeowners.

Consumers are showing increased confidence in home sales and a greater sense of job security, according to the results of Fannie Mae's most recent National Housing Survey. January's findings show 41 percent of respondents believe home prices will go up in the next year, a decline of 2 percentage points from December's high. However, the share who believe prices will fall also dropped, returning to a survey low of 10 percent. The average 12-month home price change expectation in January was 2.4 percent.

Fannie Mae's CFO is planning to retire from the company by the end of the June, the GSE said in a filing with the Securities and Exchange Commission (SEC). According to the filing, Susan McFarland, who also serves as EVP at Fannie Mae, "notified the company that she will retire ... after a transition period that will begin on the effective date of the appointment of a new Chief Financial Officer by our Board of Directors and end no later than June 30, 2013."