Tag Archives: GSEs

FHFA Announces Principal Reduction Plan

Borrowers who are seriously delinquent on loans owned or guaranteed by Fannie Mae or Freddie Mac may be eligible for a one-time principal reduction to help them avoid foreclosure and stay in their homes, the Federal Housing Finance Agency announced today.

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Associations: G-Fees Should Not Be Used as a Funding Offset

ABA and several other housing and mortgage associations wrote to Congress yesterday urging the House and Senate Budget Committees to include a provision in the FY 2017 Budget Resolutions prohibiting the use of Fannie Mae and Freddie Mac guarantee fees as a funding offset.

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FHFA: HARP Refinances Fell in Q4

More than 428,000 borrowers refinanced their Fannie Mae or Freddie Mac mortgage loans in the fourth quarter, with 21,079 refinanced through the Home Affordable Refinance Program, the Federal Housing Finance Agency said today.

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