Fannie Mae has added three new attributes to its daily prepayment report for mortgage-backed securities. The enhancements will provide timely data on principal reductions.

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.

The capital markets teams at Fannie and Freddie churned out a reperforming loan sale, a Guaranteed Multifamily Structures deal and a Structured Agency Credit Risk transaction.

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.

Research shows that minority homebuyers are more likely to be approved for a loan if their loan officer is a Democrat.

The San Francisco FHLBank says the move will allow it to expand the pool of creditworthy applicants.

Some of the deficiencies highlighted across the credit rating agencies are of a critical nature.