Agency veterans Anne Marie Pippin and Anju Vajja have taken over as deputy directors of the division of conservatorship, oversight and readiness, and the division research and statistics, respectively.

New research shows, in some instances, lenders passed on to borrowers as much as 120% of the cost of the fee, which ended in July 2021.

Lingering capital shortfalls belie higher net incomes at Fannie Mae and Freddie Mae in 2023. (Includes data table.)

The Federal Reserve published a hypothetical economic collapse for banks to use in their annual stress test this year. The same scenario might be used by FHFA for Fannie Mae and Freddie Mac.

Freddie also announced various changes in its Loan Product Advisor related to asset and income modeling and income validation.

The Morgan Stanley veteran will oversee technology and operations at the mortgage giant starting in May.

Freddie has informed multifamily seller/servicers that it will treat all lawful permanent residents the same as citizens.

The mortgage giant spelled out what servicers must do to ensure the GSE’s interests are protected by adequate property insurance on the collateral backing its mortgage loans. Fannie also hedges its bets on a lapse in the NFIP.

A Fannie survey highlights how sentiments have changed among condo lenders after Fannie Mae and Freddie Mac imposed new restrictions in the wake of the Surfside tower collapse in 2021.

Freddie Mac’s new $2,500 credit for buyers earning less than 50% of area median income closely resembles an initiative announced last month by Fannie Mae.