Fannie Mae

Even as GSEs step into MBS market, macro forces are controlling mortgage rates

Fannie Mae and Freddie Mac have been active in the mortgage-backed securities (MBS) market in recent weeks — but their approach appears more measured and opportunistic than many initially expected. Their activity has also been overshadowed by the U.S.-Iran conflict.  “We’ve seen some activity from the GSEs. Instead of issuing cash window pools and putting […]

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The GSEs updated their rules for condo loans. Will they be helpful or harmful?

Fannie Mae and Freddie Mac last week enacted updates to condominium project standards and property insurance rules for one- to four-unit properties and larger developments, aiming to lower costs for homeowners. The moves have been met with mixed opinions from mortgage professionals. The updates, which Fannie Mae and Freddie Mac announced on March 18, allow greater leeway

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Former Fannie Mae CEO Hugh Frater joins Better board

Better Home & Finance Holding Co. announced Wednesday that it has appointed Hugh Frater, a founding partner of BlackRock and former CEO of Fannie Mae, to its board of directors as the company leans further into its Tinman AI mortgage platform. Frater, whose role became effective March 23, brings experience spanning mortgage-backed securities (MBS), agency

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Fannie, Freddie place large bids for mortgage-backed securities

Fannie Mae and Freddie Mac have begun placing sizable orders to purchase mortgage-backed securities, stepping into a market roiled by widening bond spreads and a surge in volatility, according to a person with direct knowledge of the matter. Processing Content The government-controlled entities are moving to capitalize on a sharp selloff while expanding their already

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Fannie Mae, Freddie Mac revise condo insurance standards

Fannie Mae and Freddie Mac on Wednesday announced updates to condominium project standards and property insurance requirements for one- to four-unit properties and project developments, with a stated goal of reducing costs for homeowners. “We are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” Bill Pulte, director of the

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Fannie Mae, Freddie Mac add new rate buydown disclosures

Fannie Mae, Freddie Mac add new rate buydown disclosures

Fannie Mae and Freddie Mac will be providing new loan-level disclosures about interest-rate buydowns in mortgage-backed securities this spring to address investor interest in tracking their use, which can impact prepayments. Processing Content The new disclosures applicable at the government-sponsored enterprises that buy many lenders’ loans become effective April 20 for MBS issued on or

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Fannie Mae g-fee gains outweighed by loss provisions, valuations

Fannie Mae’s net interest income from its core business rose during the fourth quarter, but its net earnings fell due largely to loan-loss provision adjustments and interest rate-related negative valuation changes. Processing Content The government-sponsored enterprise earned $3.5 billion and generated nearly $7.3 billion net interest income during the fourth quarter of 2025.  In comparison,

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Sasha Jackson joins Housing Policy Council as SVP for market structure

The Housing Policy Council (HPC) — a trade association representing mortgage lenders and servicers, title insurers, and technology and data companies — said Monday that Alexander (Sasha) Jackson has joined the organization as senior vice president for market structure. Jackson brings more than 15 years of experience in housing finance across the public and private

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FHFA reports clean GAO audit for fiscal year 2025

The Federal Housing Finance Agency (FHFA)’s annual Performance and Accountability Report was published on Friday, revealing that the agency received clean audit results for fiscal year 2025 from the Government Accountability Office (GAO). The report disclosed that the GAO did not find any “material weaknesses or unacceptable risks.” The FHFA received an unmodified audit opinion

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Real estate leaders applaud Trump’s focus on housing, but question the impact

During his speech at the World Economic Forum in Davos on Wednesday President Donald Trump outlined three policy initiatives he was undertaking to help improve housing affordability for American consumers. In the speech, he did discuss his “ban” on large institutional investors purchasing single-family homes, his direction to the government-sponsored enterprises (GSEs) to acquire up

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