Tag Archives: Fannie Mae

E. Thomas Booker, III of Candor Technology explains why zero repurchase risk is only the result of the new normal.

“This month’s increase in the HPSI was the largest in over two years, primarily driven by consumers’ more optimistic mortgage rate expectations,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.

The U.S. Department of Housing and Urban Development has announced the issuance of $382 million via the Housing Trust Fund that will increase and preserve the supply of decent, safe, and sanitary affordable housing for extremely-low and very low-income households.

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.

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.

Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson has released a new statement addressing the pricing framework of Fannie Mae and Freddie Mac.

According to Fannie Mae's Economic and Strategic Research Group, experts project the gradual tightening in credit conditions due to recent bank turmoil will contribute to a modest recession beginning in the second half of 2023. Click here to learn more.

FHFA expects this rulemaking to provide increased public transparency and greater oversight and accountability of the regulated entities’ fair housing and fair lending compliance.

According to a new report from First American, the Potential Home Sales Model for March revealed it is unlikely that the recent banking crisis will materially impact residential mortgage availability.

While mortgage rates and supply constraints persist, the significant lack of housing supply remains supportive of home prices, as prices inched up 1% in Q1 2023.