Fannie Mae income drops amid mortgage market troubles
Fannie Mae income drops amid mortgage market troubles
It's hard for Fannie Mae to not make money as the country's primary backstop of conventional loans. But net income was down amid turmoil in the mortgage market.
The post Fannie Mae income drops amid mortgage market troubles appeared first on HousingWire.
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It's hard for Fannie Mae to not make money as the country's primary backstop of conventional loans. But net income was down amid turmoil in the mortgage market.
The post Fannie Mae income drops amid mortgage market troubles appeared first on HousingWire.
It's hard for Fannie Mae to not make money as the country's primary backstop of conventional loans. But net income was down amid turmoil in the mortgage market.
The post Fannie Mae income drops amid mortgage market troubles appeared first on HousingWire.
The Fannie Mae HomeReady loan helps low-income buyers get into a house with 3% down.
The Fannie Mae HomeReady loan helps low-income buyers get into a house with 3% down.
The Fannie Mae HomeReady loan helps low-income buyers get into a house with 3% down.
The Fannie Mae HomeReady loan helps low-income buyers get into a house with 3% down.
Fannie Mae will now buy mortgage loans with lender-funded grants, including down payment assistance, closing costs or financial reserves.
The post Fannie Mae to accept lender-funded down payment assistance appeared first on HousingWire.
Fannie Mae will now buy mortgage loans with lender-funded grants, including down payment assistance, closing costs or financial reserves.
The post Fannie Mae to accept lender-funded down payment assistance appeared first on HousingWire.
Both Fannie Mae and Freddie Mac this week made additions to their senior leadership.
The post GSEs bolster diversity with senior hires appeared first on HousingWire.
Both Fannie Mae and Freddie Mac this week made additions to their senior leadership.
The post GSEs bolster diversity with senior hires appeared first on HousingWire.
Fannie Mae reported $4.7 billion in net income for the second quarter, up from $4.4 billion in the first quarter. The GSE's strong position is largely due to the fees it charges for taking on mortgage borrower risk.
The post Fannie Mae hauls in $4.7B net income for Q2 2022 appeared first on HousingWire.
Fannie Mae reported $4.7 billion in net income for the second quarter, up from $4.4 billion in the first quarter. The GSE's strong position is largely due to the fees it charges for taking on mortgage borrower risk.
The post Fannie Mae hauls in $4.7B net income for Q2 2022 appeared first on HousingWire.
Freddie Mac will debut targeted lending programs this year, following guidance from regulators giving lenders the go-ahead.
The post Freddie Mac first out of the gate with plans for targeted lending programs appeared first on HousingWire.
Freddie Mac will debut targeted lending programs this year, following guidance from regulators giving lenders the go-ahead.
The post Freddie Mac first out of the gate with plans for targeted lending programs appeared first on HousingWire.
The FHFA this week launched a new Office of Financial Technology, which it said will be the main point of contact for fintech matters.
The post FHFA opens fintech office and seeks feedback on mortgage fintech appeared first on HousingWire.
The FHFA this week launched a new Office of Financial Technology, which it said will be the main point of contact for fintech matters.
The post FHFA opens fintech office and seeks feedback on mortgage fintech appeared first on HousingWire.
In a move the FHFA said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data.
The post FHFA: GSE servicers must keep fair lending data appeared first on HousingWire.
In a move the FHFA said will bolster sustainability and equity, servicers for federally backed loans will obtain and maintain fair lending data.
The post FHFA: GSE servicers must keep fair lending data appeared first on HousingWire.
Fannie Maeโs CEO, Hugh Frater, and Sheila Bair, the chair of its board, both announced they will resign from the mortgage finance behemoth. Here's who will replace them.
The post A big leadership shakeup at Fannie Mae appeared first on HousingWire.
Fannie Maeโs CEO, Hugh Frater, and Sheila Bair, the chair of its board, both announced they will resign from the mortgage finance behemoth. Here's who will replace them.
The post A big leadership shakeup at Fannie Mae appeared first on HousingWire.