Agency soliciting public comments on how its pricing framework protects Fannie Mae, Freddie Mac, and taxpayers against potential future losses, while supporting affordable, sustainable housing and first-time homebuyers.
Read More »Ginnie Mae MBS Q1 Portfolio Crosses the $2.3T Mark
First-quarter mortgage-backed securities issuance by Ginnie Mae supported the financing of more than 281,000 households, including more than 126,000 first-time homebuyers.
Read More »Ginnie Mae Announces Two New Key Appointments
As Ginnie Mae continues its search for a permanent COO, Laura M. Kenney has been named Senior Advisor for Strategic Operations, in addition to Britt Van being appointed as Special Advisor to the President.
Read More »The New Face of the Secondary Marketplace
Mark Tribuna of CRA Note Exchange discusses how the secondary market has transformed from trading exclusively second-mortgage down payment assistance loans to also handling first-lien notes for affiliates of Habitat for Humanity International.
Read More »GSEs Report Quarter-Over-Quarter Profit in Q1
Despite an up-and-down housing market in the first quarter of 2023, both Fannie Mae and Freddie Mac were profitable, proving to be a source of stability for the housing finance system.
Read More »Ginnie Mae Shares Further Details on the LIBOR Transition
Ginnie Mae has published a new Memorandum announcing that it will transition all outstanding LIBOR Classes of Ginnie Mae Multiclass Securities after June 30.
Read More »Fannie Mae Executes Fourth CIRT Transaction of 2023
As part of the GSE’s effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-4 transfers $501 million-plus in mortgage credit risk to private insurers and reinsurers.
Read More »Fannie Mae Executes $31.8B in Credit Insurance Risk Transfers
The GSE transfers a combined $926 million of mortgage credit risk to private insurers and reinsurers in its latest two CIRTs as it continues to reduce taxpayer risk by increasing the role of private capital in the mortgage market.
Read More »Forbearance Rate Falls Across All Investor Types in February
The MBA reports that servicers’ portfolio volume in February dropped four basis points to 0.60% month-over-month, as approximately 300,000 homeowners nationwide remain in forbearance plans.
Read More »Fannie Mae Appoints Michael Seelig to Its Board
GSE names former PricewaterhouseCoopers Partner to its Board of Directors, bringing financial management and reporting, risk management, and business strategy expertise to his new role.
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