Freddie Mac has begun to implement its CEO succession plan after Don Layton announced his intention to retire in the second half of 2019. Click through to learn more about who is in line for succession and what this means for the GSE.
Read More »How Will GSE Reforms Affect Borrowers?
After the financial crisis, Fannie Mae and Freddie Mac became the biggest names in the secondary market. See what could happen if the market moved from Fannie and Freddie and into private hands.
Read More »Rushmore Ratings See an Uptick
The ratings agency recently upgraded Rushmore’s Servicer Quality assessment. What were the factors that helped the servicer achieve above average SQ rating from Moody’s?
Read More »Computershare to Acquire LenderLive
Computershare Loan Services (CLS), a global leader in mortgage servicing, announced its intent to acquire LenderLive Network, LLC, a leading fulfillment and secondary market service provider in the U.S. mortgage industry. Founded in 1999, LenderLive Network (LLN) has offices in the Denver, Los Angeles, and Jacksonville, Florida, areas.
Read More »Why Borrowers Are Still Sweet on HARP
Despite overall refi volumes at Fannie Mae and Freddie Mac declining in Q2, the FHFA’s quarterly refinance report revealed that borrowers were still opting for loans under HARP, a program that’s scheduled to expire at the end of the year.
Read More »Ginnie Mae’s Single-Family MBS Issuance Declines
While overall outstanding mortgage-backed securities at Ginnie Mae increased in July, its data indicated a decline in the issuance of single-family MBS from last year. Here’s a break down of MBS’ performance across various loans.
Read More »The Fed’s MBS Holdings and Housing
The Federal Reserve’s MBS purchases are similar to its Treasury securities holdings, except for one main difference, which results in direct benefits for the housing market.
Read More »Testing the GSEs’ Performance in Adverse Conditions
On Tuesday, the FHFA released the results of the annual stress tests for Fannie Mae and Freddie Mac, that determines how well they’re equipped to absorb losses during adverse or severely adverse economic conditions. Click through for the findings.
Read More »Solid Fundamentals Drive Fannie Mae’s Q2 Growth
The GSE earned a comprehensive income in the second quarter and will pay a dividend in the same amount to the Treasury for the quarter. Click through to see the numbers that spelled a good quarter for Fannie Mae.
Read More »The Drivers of Greater Mortgage Risk
Mortgage risk rose across all loans, led by the FHA and GSE purchase indices, according to a report. Here are some of the factors that are driving greater risk in borrowing.
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