Freddie Mac Announces $497M SLST. Freddie Mac announced an approximately $497 million Seasoned Loan Structured Transaction of seasoned re-performing loans from its mortgage-related investments portfolio.This will be the fourth SLST since the launch of the program in 2016 and the first SLST of 2018. It also marks the first time a Freddie-created trust will be the issuer of the SLST securitization. OIG Says FHFA Complied with Statutory Improper Payment Requirements. The Federal Housing Finance Agency Office of Inspector General noted in an April 26 audit that the FHFA complied with applicable improper payment requirements during fiscal year 2017. The auditor reviewed several...
Mel Watt has roughly eight more months in office, but already industry lobbyists and GSE watchers are playing “guess who the next FHFA director might be.”
The senator disagreed with comments made earlier in the day by HUD Deputy Secretary Pam Patenaude, who said there aren’t enough legislative days left...
A new policy change implemented by Fannie Mae will allow REITS, come May 1, to start investing in the GSE’s Connecticut Avenue Securities risk-transfer deals.
Both GSEs likely will be “winners” when it comes to hedging their derivative positions simply because interest rates were higher at March 31 compared to yearend.
After booking large one-time charges from marking down the carrying value of their deferred tax assets in the fourth quarter, Fannie Mae and Freddie Mac likely will post strong earnings for the first quarter of 2018, according to an analysis by Inside MBS & ABS.
RSS