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15 Feb 2021, 7:15 am
Implementing Hybrid Appraisals Under the FHFA Recently, the Federal Housing Finance Agency (FHFA) has issued a request for input (RFI) from Freddie Mac and Fannie Mae to update and streamline appraisal processes, policies, and practices. [read post]
11 Feb 2021, 1:50 pm
Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan remained at last ... [read post]
11 Feb 2021, 11:42 am
Before joining the court, Joan served for 20 years in L (and an additional seven years as deputy general counsel of the Treasury and general counsel of Freddie Mac). [read post]
25 Jan 2021, 12:09 pm
The moratorium on evictions from single-family homes owned by Fannie Mae or Freddie Mac also is extended until February 28, 2021. [read post]
13 Jan 2021, 7:21 am
Front and center were the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). [read post]
31 Dec 2020, 7:53 am
The average rate on the benchmark 30-year fixed-rate home loan rose to 2.67% from a record-low 2.66% last week, according to mortgage giant Freddie Mac ... [read post]
30 Dec 2020, 11:24 am
The temporary appraisal flexibilities provided by Fannie Mae and Freddie Mac in response to the COVID-19 national emergency provide for alternatives to a traditional appraisal that is based on an inspection of a home’s interior. [read post]
24 Dec 2020, 5:48 am
Democratic lawmakers Maxine Waters and Sherrod Brown have a message for Treasury Secretary Steven Mnuchin: Stand down on making big changes to Fannie Mae and Freddie Mac before the Trump administration ends. [read post]
17 Dec 2020, 1:36 pm
Mortgage finance giant Freddie Mac said Thursday that the average rate on the 30-year fixed-rate home loan fell to 2.67% from 2.71% last week. [read post]
14 Dec 2020, 9:00 am
On November 18, the Federal Housing Finance Agency (FHFA) sent for publication a final rule that establishes a new regulatory capital framework for Fannie Mae and Freddie Mac (the “Enterprises”). [read post]
14 Dec 2020, 7:40 am
Although the proposed rule did not identify specific documents, the CFPB noted in the preamble to the proposed rule that such documents could potentially include relevant provisions from Fannie Mae’s Single Family Selling Guide, Freddie Mac’s Single-Family Seller/Servicer Guide, FHA’s Single Family Housing Policy Handbook, the Department of Veterans Affairs (VA) Lenders Handbook, and the Field Office Handbook for the Direct Single Family Housing Program and… [read post]
10 Dec 2020, 10:18 am
Supreme Court weighs shareholder suit over Fannie Mae, Freddie Mac. [read post]
10 Dec 2020, 9:14 am
The post Supreme Court hears arguments from Fannie Mae, Freddie Mac shareholders appeared first on JURIST - News - Legal News & Commentary. [read post]
9 Dec 2020, 4:05 pm
Court-appointed amicus Aaron Nielson defends the FHFA’s structure (Art Lien) The Supreme Court heard oral argument on Wednesday in a high-stakes battle over the regulation of mortgage giants Fannie Mae and Freddie Mac in the wake of the 2008 housing crisis. [read post]
9 Dec 2020, 1:13 pm
WASHINGTON (AP) — The Supreme Court wrestled Wednesday with a case that could make it easier for the president to fire the head of the agency that oversees government-controlled mortgage giants Fannie Mae and Freddie Mac. [read post]
9 Dec 2020, 4:00 am
Mnuchin, the justices will consider a lawsuit by shareholders of Fannie Mae and Freddie Mac who are challenging a 2012 agreement between the Treasury Department and the Federal Housing Finance Agency (which acts as a conservator for Fannie and Freddie). [read post]
9 Dec 2020, 3:00 am
In August 2012, the FHFA and Treasury changed the agreement to require Fannie Mae and Freddie Mac to pay dividends tied to the companies’ net worth, rather than the size of the Treasury Department’s investment. [read post]
3 Dec 2020, 1:35 pm
Mortgage finance giant Freddie Mac said Thursday the average rate on the 30-year fixed-rate home loan slipped to 2.71% from 2.72% last week. [read post]
23 Nov 2020, 7:54 am
In comparison, in the five years ended June 30, 2019, Fannie Mae and Freddie Mac issued $4.47 trillion in face amount of RMBS, he added.Clayton emphasized that the asset-backed securities rules need to be overhauled, based on public comments and suggestions the Commission has received. [read post]
18 Nov 2020, 5:00 am
Led by Treasury Secretary Mnuchin and FHFA Director Mark Calabria, the Trump Administration has been working to end the decades-long conservatorship of Ginnie Mae and Freddie Mac. [read post]
