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Its modifications aim to help two government-sponsored mortgage investors manage risk and rebuild capital while retaining enough flexibility to fulfill their affordable housing missions, said the Federal Housing Finance Agency’s acting director, Sandra Thompson.
February 25 -
"The quality of our new business is high. The pricing of that business does not reflect the capital requirements of our regulatory rule," CEO Hugh Frater said.
February 15 -
Compounding factors of low inventory and high costs also helped lead to another decline in Fannie Mae’s Home Purchase Sentiment Index.
February 7 -
However, the unusual profitability residential finance firms have previously enjoyed, and a strong housing market, could help to sustain their bottom lines.
December 15 -
Chryssa Halley, who has been with the company since 2006, was named CFO and Jim Holmberg was named controller.
December 2 -
Tight inventory and heightened competition kept prime purchasers at bay as property values continued their summer surge, according to Fannie Mae.
August 9 -
While the hot market’s actual and forecast home price gains were key drivers of Fannie’s results, they also present a challenge to the affordable housing mission that it’s working to address.
August 3 -
More than two-thirds surveyed said they expect to make less money over the next three months as price reductions ramp up along with a market shift to purchases.
June 10 -
For two decades, Alfred Pollard served as the general counsel for Fannie Mae and Freddie Mac’s regulator. He had a front-row seat for the establishment of the Federal Housing Finance Agency, the government’s subsequent seizure of the mortgage giants amid mounting losses in 2008 and the more recent legal dispute over the FHFA’s authority.
June 7 -
The government sponsored enterprise’s latest forecast calls for a nearly $4 trillion year for 2021.
April 16