The notice is intended to communicate FHFA’s supervisory expectations for Fannie Mae and Freddie Mac “to establish and implement risk management policies and procedures for monitoring and valuing seller/servicers’ mortgage servicing rights.”
The goals use the new percentage-based methodology outlined in the proposed rule issued this summer.
These changes would make activities by Fannie Mae and Freddie Mac in all colonia census tracts eligible for duty to serve credit.
The Federal Home Loan Banks awarded approximately $352.4 million in affordable housing program funds in 2021, a 10% decline from the year before, according to a report released today by the Federal Housing Finance Agency.
Testifying before the House Financial Services Committee today, Federal Housing Finance Agency Director Sandra Thompson acknowledged the challenges currently facing the mortgage market as a result of inflation and rising interest rates.
The Federal Housing Finance Agency is seeking feedback on the role of financial technology in housing finance and the risks and challenges presented by technology throughout the mortgage lifecycle.
Fannie Mae and Freddie Mac have sold 154,972 nonperforming loans as of Dec. 31, 2021, with a total unpaid balance of $28.7 billion, according to the Non-Performing Loan Sales Report released today by the Federal Housing Finance Agency.
Lawmakers must “determine the structure of [Fannie Mae and Freddie Mac] and the secondary mortgage market for the post-conservatorship world,” the Federal Housing Finance Agency emphasized today in its annual report to Congress.
Fannie Mae and Freddie Mac today released multiyear plans detailing how they will address systemic barriers faced by Black and Latino homeowners and renters, as required by the Federal Housing Finance Agency.
Fannie Mae and Freddie Mac acquired more than 360,000 loans through their affordable housing programs in 2021, according to a report released today by the Federal Housing Finance Agency, which oversees the GSEs and the Federal Home Loan Banks.