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Home » Topics » GSEs » Fannie Mae

Fannie Mae
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Agency Servicing Volume Tops $9.0 Trillion in Third Quarter

December 15, 2023
John Bancroft
Ginnie continued to set the pace as its single-family servicing grew by 2.4% in the third quarter.
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Short Takes: UWM Cuts Rates for Refis / Loan Defects Decline / New Equity-Sharing Product / Fannie’s CRT Issuance to Slow

December 14, 2023
Brandon Ivey
UWM is offering interest rate discounts on loans from streamlined refi programs at FHA and VA.
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Short Takes: Improving Outlook for Private MIs / PacWest Merges With Banc of California / Buyback on 1997 Mortgage / A Low for Home Sales

December 1, 2023
Brandon Ivey and John Bancroft
Fitch adjusted its outlook for the mortgage insurance industry from “deteriorating” to “neutral.”
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FHFA Formally Reduces Fee on Commingled Securities

November 22, 2023
Dennis Hollier
Several commenters argued that any capital requirement on commingled securities might interfere with the fungibility of the uniform mortgage-backed security.
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Fannie CEO to Take On President Role as Well

November 15, 2023
Dennis Hollier
Fannie President David Benson and Chief Administrative Officer Jeffery Hayward announce their retirements.
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Short Takes: Applications Increase / GSE Multifamily Cap Declines / FHA Property Inspection Fees / Fannie Offers CRT

November 15, 2023
Brandon Ivey
Mortgage applications were up 2.8% on a weekly basis while interest rates stayed put.
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GSE Mortgage Holdings Decline in 3Q

November 9, 2023
Dennis Hollier
Fannie Mae's portfolio has only been smaller once since the financial crisis.
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Short Takes: Nonbanks Not in FHFA’s Plans for FHLBanks / Applications Tick Up / New MBS From Verus / Pretium Wins Fannie NPL Auction

November 8, 2023
Brandon Ivey
FHFA left it up to Congress to decide whether nonbanks should be provided access to Federal Home Loan Bank advances.
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Fannie Earnings Remain Stable in an Unstable World

October 31, 2023
Dennis Hollier
A $491 million payout to junior preferred shareholders in the third quarter cuts Fannie Mae profits to $4.7 billion.
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GSE Shareholders Get Another Win

October 25, 2023
Dennis Hollier
A federal district court adds interest to the damages a jury awarded Fannie Mae shareholders in August.
Read More
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