FHFA Releases Fannie, Freddie Progress Report
The Federal Housing Finance Agency today released a progress report on its goals for Fannie Mae and Freddie Mac while the GSEs are in federal conservatorship.
The Federal Housing Finance Agency today released a progress report on its goals for Fannie Mae and Freddie Mac while the GSEs are in federal conservatorship.
Since the Federal Housing Finance Agency launched a credit risk transfer program for GSEs Fannie Mae and Freddie Mac in 2013, the enterprises have transferred $69 billion in credit risk to private investors, amounting to about 3.2 percent of $2.1 trillion in unpaid principal balance, the FHFA said today.
The Federal Housing Finance Agency today issued a proposed rule intended to provide the Federal Home Loan Banks greater flexibility in how they manage their affordable housing programs.
Fannie Mae and Freddie Mac will each be allowed to maintain a capital buffer of $3 billion under a new agreement between the Treasury Department and the Federal Housing Finance Agency announced today.
The Federal Housing Finance Agency today issued the metrics on which it will assess the 2018 performance of Fannie Mae, Freddie Mac and their jointly owned securitization platform, which will be implemented for the “Single Security” to be issued by both GSEs in the second quarter of 2019.
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due or are in the foreclosure process ticked up in the third quarter of 2017.
Advances from Federal Home Loan Banks during 2016 increased from the year before by 11 percent to $705 billion, the Federal Housing Finance Agency said today.
The Federal Housing Finance Agency today issued a long-awaited request for input on the credit scoring models required by Fannie Mae and Freddie Mac.
The Federal Housing Finance Agency today outlined how Fannie Mae and Freddie Mac will work to improve the distribution and availability of safe and sound residential mortgage financing in underserved markets.
Testifying before the House Financial Services Committee today, ABA banker Brenda Hughes outlined ABA’s principles for GSE reform, highlighting the necessity of legislative action to ensure that lenders of all sizes across the country can continue meeting the needs of mortgage borrowers.