Fannie Mae

CFPB throws mortgage market another curveball


Some applaud the agency's recent delay of the mandatory compliance date for a new Qualified Mortgage standard. Others say it leads to more uncertainty for lenders, opens the door to additional changes and enables some companies to loosen their underwriting.


CFPB officially proposes delay of QM changes


The agency issued a proposal moving the compliance date for the Qualified Mortgage rule revamp to October 2022.


Fannie Mae’s 2020 earnings fall due to COVID-related credit expenses


While its net income declined annually for the second consecutive year, CEO Hugh Frater touted Fannie Mae’s resiliency in a record year for providing mortgage liquidity.


FHFA proposes living wills for Fannie and Freddie


The proposal would require the government-sponsored enterprises to craft resolution plans similar to regulations imposed on the largest U.S. banks.


Supreme Court hints FHFA's Calabria could keep job after all


Many have assumed the high court would rule that presidents can fire the Federal Housing Finance Agency director at will. But during oral arguments in a case challenging the agency’s structure, some justices suggested they could stop short of such a decision.


Why is Fannie Mae abandoning a practice that shields it from risk?


Fannie hasn't completed any credit risk transfers to private investors since the second quarter. Some experts worry the decision — likely spurred by the company’s concerns about a recent capital regulation — could put the mortgage giant on unsteady footing.


What Sheila Bair brings to table as chair of Fannie Mae


The former FDIC chief oversaw the resolution of hundreds of failed banks during the financial crisis and knows how to build relationships with regulators. Those skills could be crucial in helping Fannie exit federal control.


Former FDIC head Sheila Bair to chair Fannie Mae board


One of the top banking regulators during the 2008 financial crisis could have a hand in nudging Fannie Mae out of conservatorship.


GSE exemption to stay in place until underwriting rule finished: CFPB


The agency confirmed that loans backed by Fannie Mae and Freddie Mac can continue avoiding debt-to-income limits as the bureau completes a revamp of the Qualified Mortgage standard.


How lenders aim to profit from climate change


HSBC, Bank of the West and Fannie Mae are among those offering green mortgage bonds, financing commercial clients’ efforts to rein in carbon emissions and developing other novel products that help customers tackle environmental challenges.