Fannie Mae Eliminates Desktop Underwriter Fees
Fannie Mae announced today that it is immediately eliminating fees for Desktop Underwriter, its automated mortgage underwriting system, as part ...
Tag: GSEs
Des Moines, Seattle FHLBs Complete Merger
The Federal Home Loan Banks of Seattle and Des Moines, Iowa, today announced that their merger is complete. The combined ...
FHFA: HARP Refinances Surpass 3.3 Million
More than 544,000 borrowers in the first quarter refinanced their Fannie Mae or Freddie Mac mortgage loans, with about 31,600 ...
GSEs Issue New Seller, Servicer Eligibility Requirements
At the direction of the Federal Housing Finance Agency, Fannie Mae and Freddie Mac yesterday announced new standards that mortgage ...
FHFA Provides Update on Single Security for Housing GSEs
The Federal Housing Finance Agency on Friday issued an update on the development of the Single Security, a mortgage-backed security ...
FHFA to Revisit Affordable Housing Goals for FHLBs
After hearing from Federal Home Loan Banks that uncertainty about affordable housing goals is limiting their mortgage purchases from member ...
Shelby’s Sweeping Financial Reform Bill Would Advance ABA Goals
Senate Banking Committee Chairman Richard Shelby (R-Ala.) today released a draft of a sweeping financial reform bill that would provide ...
FHFA’s Watt Announces Final Extension of HAMP, HARP
Fannie Mae and Freddie Mac will participate in the federal government’s Home Affordable Modification Program and Home Affordable Refinance Program ...
Fannie Mae Profits Improve in First Quarter
Fannie Mae today said that it earned net income of $1.9 billion in the first quarter. Like Freddie Mac’s report ...
Freddie Mac Profits Improve in First Quarter
Following a weak end to 2014, Freddie Mac today posted improved net income of $524 million in the first quarter ...
