Fannie Mae

FHFA chief: Coronavirus-related delinquencies could outnumber subprime

04/01/20

Federal Housing Finance Agency Director Mark Calabria said a virus-induced financial crisis might give rise to more delinquencies and foreclosures than the 2007 subprime mortgage meltdown.

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April wave of missed payments could upend mortgage servicers

03/24/20

With economists fearing high unemployment stemming from the pandemic, the housing finance system is grappling with how it will recoup lost revenue from delinquencies, forbearance plans and other tremors.

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Relief for underwater homeowners will be different this time, lenders say

03/19/20

Forbearance and loan-modifications programs implemented after the financial crisis left borrowers bewildered and angry. Now the mortgage industry wants to create a common standard for providing relief to homeowners whose livelihoods have been upended by the coronavirus pandemic.

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Long-term crisis could put GSEs on unsteady ground, FHFA chief says

03/19/20

Mark Calabria said Fannie Mae and Freddie Mac are currently equipped to handle elevated delinquencies, but they might need congressional or Federal Reserve help if fallout from the coronavirus persists.

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Regulator predicts delay in GSE capital rule due to pandemic

03/18/20

FHFA Director Mark Calabria said the health crisis will complicate the release of a proposal establishing new capital requirements for Fannie Mae and Freddie Mac.

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Calls mount for U.S. to halt foreclosures, evictions amid health crisis

03/15/20

A national moratorium would be costly to lenders and servicers, but proponents say it's needed to help cushion the economic blow of the pandemic.

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Fannie and Freddie to make record high contributions to housing trust funds

02/27/20

The Federal Housing Finance Agency authorized the government-sponsored enterprises to contribute $502.2 million to two funds that help preserve and build affordable housing.

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GSEs may be freed with Treasury backstop, Mnuchin says

02/21/20

Fannie Mae and Freddie Mac are expected to retain “limited and tailored government support” after they are released from U.S. control, Treasury Secretary Steven Mnuchin said in a letter to lawmakers.

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Affordable housing cuts, CFPB funding: Takeaways from Trump budget

02/10/20

The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.

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Affordable housing cuts, CFPB funding: Takeaways from Trump budget

02/10/20

The administration proposed to end the housing trust funds now financed by Fannie Mae and Freddie Mac, and to subject numerous agencies to the congressional appropriations process, among other things.

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