Delinquency Sinks at Freddie, Business Rises
As secondary lending climbed higher at the Federal Home Loan Mortgage Corp., serious delinquency fell to the lowest it's been since August 2008.
No Draw Needed Despite Loss at Freddie
Although it suffered a first-quarter loss, the Federal Home Loan Mortgage Corp. will require no taxpayer funds. Delinquency fell to the lowest level since the summer of 2008.
Ginnie Leads Rise in Agency MBS Issuance
A jump in mortgage securitizations at the Government National Mortgage Association led a month-over-month improvement in overall agency issuance last month.
Fannie's New Business at 5-Month High
Business rose to the highest level in five months at the Federal National Mortgage Association, while delinquency fell to a nearly eight-year low.
Sharp Seasonal Decline in CRE Lending
Commercial real estate loan production took a sharp turn lower during the first-three months of this year -- though the decline was seasonal.
Senior Mortgage Managers Shuffled
A new top executive was recently named to a government-sponsored enterprise. Outside the c-suite, a number of mid-sized and small mortgage firms have filled a variety of executive positions across the country.
FHFA Implements GSE Principal Reduction
A long, anticipated decision has been made by the regulator and conservator of Fannie Mae and Freddie Mac about principal reduction on their loans.
Freddie Pulls Down GSE Mortgage Refinances
A monthly decline in refinances of loans backed by Freddie Mac pulled down overall government-sponsored enterprise refinancings.
$1.5 Billion in Distressed Fannie Loans for Sale
More than $1.5 billion in non-performing loans held by the Federal National Mortgage Association are up for bid.
FHFA Examinations of Nonbank Servicers Proposed
The Federal Housing Finance Agency should have the authority to examine non-bank clients of Fannie Mae and Freddie Mac, a government report recommends.