Fannie Mae

MBA outlines privatization plan for Fannie, Freddie

04/20/17

The Mortgage Bankers Association released a detailed transition plan Thursday designed to help policymakers turn the government-sponsored enterprises into private guarantors of mortgage-backed securities.

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GSE regulator calls for better alignment of mortgage buyback policies

03/30/17

Private market mortgage insurance companies should better align their buyback and rescission policies with those of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency said.

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Senators warn FHFA against suspending Fannie, Freddie dividends

03/30/17

A bipartisan group of senators told Mel Watt, the regulator who oversees Fannie Mae and Freddie Mac, that he shouldn't allow the companies to recapitalize without congressional approval.

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Why Fannie still sees room to grow in multifamily

03/28/17

Demographic trends continue to fuel demand for apartments, and there is a large volume of 2007 vintage loans up for refinancing, says Jeffrey Hayward, Fannie Mae's head of multifamily mortgage.

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A no-brainer for Trump team: Recapitalize the GSEs

03/28/17

Suspending Fannie Mae and Freddie Mac's regular dividend payments to the Treasury, thus enabling the companies to replenish their reserve capital, would put their future on better footing.

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Fannie rental securitization deal draws fire from industry groups

03/15/17

Industry critics argue the Invitation Homes deal will create new risks for Fannie Mae and remove affordable inventory from homebuyers.

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Wells fires four; GSE ruling upheld

02/22/17

Four retail managers are the first senior employees let go by the bank for their roles in the phony accounts scandal; federal court rules against investors in GSE suit.

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Hedge funds can't sue over investments in Fannie or Freddie

02/21/17

A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government’s 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout.

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Fannie Mae will pay U.S. $5.5B after reporting profit

02/17/17

Fannie Mae said it earned $5 billion in the fourth quarter, doubling its profits from a year earlier with a big boost from gains on derivatives the company uses to hedge risk.

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Cash-out refis back in demand, raising credit concerns

02/09/17

The rise in home values is good news for homeowners looking to tap the equity in their homes to pay down debt or make big purchases, but some consumer groups fear it could lead to a new wave of loan defaults.

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