Data standardization has been a key area of focus for the GSEs through the Uniform Mortgage Data Program first introduced. Learn more about the key components of and recent updates to this program . . .
Read More »Deloitte Says Hack Did Not Affect GSEs
Despite media coverage of the possibility, Deloitte clarified Tuesday that housing giants Freddie Mac and Fannie Mae were not affected by the companies September 25 data breach.
Read More »Consumer Confidence on the Rise
On Monday, Fannie Mae’s Home Purchase Sentiment Index (HPSI), which highlights consumers’ current views and forward-looking expectations of housing market conditions, was released. The index revealed an increase in ...
Read More »FHFA Planning for the Future: Policies, Procedures, and GSEs
The Federal Housing Finance Agency released its Strategic Plan for the fiscal years of 2018 through 2022, in which it outlined three strategic goals that it plans on implementing in its continued effort to serve the housing market.
Read More »Fannie Mae Examines Credit Standards
Fannie Mae released its Q3 2017 Mortgage Lender Sentiment Survey Monday, finding that mortgage lenders are moving away from tight mortgage credit standards across all loan types—but why?
Read More »Veros Introduces UCD-compliant Solution
Veros Real Estate Solutions, a Santa Ana, California-based technology provider, announced Wednesday a new solution that satisfies the GSEs’ Uniform Closing Dataset requirements, which go into effect next week. “We are pleased to announce our new VeroDATAFI for lenders to be able to comply with the new UCD requirements and address the system and process challenges that September 25th will bring,” said Charles Rumfola, SVP of Strategic Initiatives at Veros. Veros already has a strong relationship with the GSEs. In fact, Rumfola said, “Veros played an integral part in successfully implementing the Uniform Collateral Data Portal (UCDP) for the GSEs, and we are looking to build on that success for UCD.”
Read More »Housing Market Remains Strong: Great Time to Sell
Fannie Mae released its August 2017 National Housing Survey on Tuesday, which showed that overall confidence in the housing market is on the rise despite a decrease in job confidence and wage growth.
Read More »FEMA Funds in Jeopardy
As damages from Hurricane Harvey are still looming, the threat of two more tropical storms is leaving some concerned FEMA could run out of funding.
Read More »The GSE Credit Scoring Debate: To Be Continued
Currently, the GSEs use the FICO credit score model, which critics say is outdated and less granular than more recent models, however, FICO begs to differ.
Read More »Strong Economic Growth on the Horizon
According to a new report from Fannie Mae, the U.S. is still poised for strong economic growth this year, despite lower-than-projected numbers during the first two quarters. How much will it grow exactly? Read on to find out.
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