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Fannie Mae and Freddie Mac will adjust their risk-sharing deals so that they can accommodate high loan-to-value loans refinanced under the programs replacing the Home Affordable Refinance Program.
August 28
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The number of junk-rated companies downgraded fell to 19 in July, comparedwith an average of 30 for the trailing 12 months. The upgrade count also fell 10, down from 19 in June.
August 24
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Fannie Mae chose three winning bidders for its 10th nonperforming loan sale, which consisted of 3,400 loans with an unpaid principal balance of $581 million.
June 9
