On Tuesday, the FHFA released the results of the annual stress tests for Fannie Mae and Freddie Mac, that determines how well they’re equipped to absorb losses during adverse or severely adverse economic conditions. Click through for the findings.
Read More »Ginnie Mae Announces Changes to VA Refis
The new changes announced by Ginnie Mae are meant to protect veterans from predatory loan practices and ensure fair lending.
Read More »MBS’ Outstanding Principal Balances Approach $2 Trillion
The issuance of MBS increased in April according to a Ginnie Mae report. Click through to learn the share of single-family housing in this mix.
Read More »Fannie Mae Leads in Green Bond Issuance
The Climate Bond Initiative, as part of the Third Annual Green Bond Pioneer Awards, recognized Fannie Mae as the 2017 Largest Issuer of Green Bonds in the world. The ...
Read More »Ginnie Mae’s MBS Outstanding Remains Stable at $1.9T
Ginnie Mae, the wholly owned government corporation that attracts global capital into the housing finance system announced on Tuesday that its issuance of Mortgage Backed Securities (MBS) over ...
Read More »MPF Program and Ginnie Mae Surpass $1 Bn in MBS
The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home ...
Read More »Fed’s MBS Runoffs Projected at $197B in First Year
A new report indicates this amount is higher than precrisis levels, but less compared to the current level of over $4 trillion.
Read More »Lagging Behind
The Fed owns a quarter of $6.86 trillion in mortgage-backed securities, but as it looks forward to reducing its balance sheet, what could the future hold? One analyst has an idea.
Read More »Morgan Stanley Reaches $3.2 Billion Settlement for Toxic MBS
Morgan Stanley is the latest firm to settle federal and state probes concerning "deceptive" handling of mortgage-backed securities. The firm will be the fourth deal to be struck among big U.S. banks’ role in the 2008 financial crisis.
Read More »Deutsche Bank Prepares to Tackle Legal, Law Enforcement Troubles
Since the close of the financial crisis, Germany's largest bank has faced several settlements related to violations of U.S. sanctions, rigging of interest-rate benchmarks, and allegations that it defrauded mortgage issuers Fannie Mae and Freddie Mac.
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