Big changes are coming to Fannie and Freddie … beware

Last weekend the Federal Housing Finance Agency announced the first in a likely series of changes at Fannie Mae and Freddie Mac. Continue reading

A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

Though relatively obscure among most consumers, the project to create the UMBS has been in the works since at least 2012. Officials have already been prepping investors for the launch of the combined TBA market for months, and during Monday’s phone cal… Continue reading

Fannie and Freddie critic Mark Calabria confirmed as Housing Finance director

The U.S. Senate on Thursday confirmed Mark Calabria to head the Federal Housing Finance Agency (FHFA), the agency tasked with overseeing the government-sponsored entities Fannie Mae and Freddie Mac. Continue reading

Fannie Mae appoints Hugh Frater as permanent CEO

Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Continue reading

Google and Coinbase Global executives join Fannie Mae board

Karin Kimbrough of Google and Brian Brooks of Coinbase Global have been elected as new members to Fannie Mae’s board of directors. Continue reading

New tool tells lenders if properties were damaged by natural disaster

The new parcel-level disaster data is available as a free add-on to the VeroVALUE service, which the company describes as an AVM that provides realistic value ranges for properties across the country. Continue reading

Here’s what NAR wants in the next versions of Fannie and Freddie

NAR also said on Friday that any changes should maintain a host of features such as 30-year fixed-rate mortgages, affordable credit and reliable access to housing for both renters and homeowners. Continue reading

Home prices jumped 5.7% year-over-year at the end of 2018

Home prices jumped 5.7 percent during the final months of 2018 compared to the same period one year prior, with the mountainous states in the western U.S. seeing the strongest growth. Continue reading

Blend wants to speed up getting home equity loans, credit lines

Digital mortgage startup Blend announced that it will soon expand to offer customers home equity loans and lines of credit. Continue reading