Government-Sponsored Enterprise Archives

Trade groups express concern to FHFA over historic credit data

May 14, 2024 mpsingh No Comments Real estate Concern, Credit, Data, Express, Fannie Mae, FHFA, Freddie Mac, Government-Sponsored Enterprise, Groups, Historic, Housing Policy Council, Mortgage Bankers Association, trade

A coalition of trade organizations — including the American Bankers Association (ABA), the Housing Policy Council (HPC), the Independent Community Bankers of America (ICBA), the Mortgage Bankers Association (MBA) and U.S. Mortgage Insurers — sent a letter on Monday to the Federal Housing Finance Agency (FHFA) to express concerns about the FHFA’s intent to publish [...]read moreTrade groups express concern to FHFA over historic credit data

Fannie Mae adds web-based income calculator for mortgage originators

May 9, 2024 mpsingh No Comments Real estate adds, calculator, Fannie, Fannie Mae, Government-Sponsored Enterprise, Income, Income verification, Mae, Mortgage, originators, webbased

Fannie Mae announced on Wednesday the availability of a new web-based option for its income calculator tool, which is designed to “help mortgage professionals serve the growing number of mortgage applicants in the U.S. who are self-employed and don’t have traditional sources of income,” according to the government-sponsored enterprise (GSE). The new option for the [...]read moreFannie Mae adds web-based income calculator for mortgage originators

FHFA annual report highlights GSE actions on affordable housing

April 19, 2024 mpsingh No Comments Real estate Actions, Affordable, Affordable Housing, Annual, Fannie Mae, FHFA, Freddie Mac, Government-Sponsored Enterprise, GSE, highlights, Housing, Low-Income Housing Tax Credit, Rental Assistance, report

The Federal Housing Finance Agency (FHFA) this week released its annual Housing Mission Report, offering insights into the actions the agency took in 2023 on a host of issues. These include oversight of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, mortgage purchases designed to improve affordability for low-income homeowners, vendor partnerships and investments [...]read moreFHFA annual report highlights GSE actions on affordable housing

Proposal would allow Freddie Mac to acquire closed-end second mortgages

April 17, 2024 mpsingh No Comments Real estate acquire, closedend, FHFA, Freddie, Freddie Mac, Government-Sponsored Enterprise, Mac, mortgages, proposal

The Federal Housing Finance Agency (FHFA) this week announced a new product proposal for government-sponsored enterprise (GSE) Freddie Mac that would allow the agency to purchase certain single-family, closed-end second mortgages. This would offer borrowers an alternative way to access their home equity without surrendering a first mortgage with a more favorable interest rate than [...]read moreProposal would allow Freddie Mac to acquire closed-end second mortgages