Browsing: GSEs

Mortgage

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.

Mortgage

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 $60.6 billion in credit risk to private investors, amounting to about 3.3 percent of $1.8 trillion in unpaid principal balance, the FHFA said today.

Mortgage

Fannie Mae and Freddie Mac will be allowed “limited re-entry” as equity investors in the market for low-income housing tax credits, the Federal Housing Finance Agency said today.

Mortgage

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.

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