Tag Archives: fannie mae

Fannie Mae appoints Hugh Frater as permanent CEO

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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

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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

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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

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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

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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

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

Mortgage software company Ellie Mae to be acquired for $3.7B

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Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech. Continue reading →

NAR wants to replace Fannie Mae and Freddie Mac

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The National Association of Realtors (NAR) wants to replace Fannie Mae and Freddie Mac with a new entity that would be private, but regulated like a utility, that the organization believes would ensure the mortgage industry keeps running long-term. Continue reading →

Blend names former Fannie Mae chief executive as first president

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Blend, the digital mortgage application startup, has named former Fannie Mae chief executive Timothy Mayopoulos as its new president, the company announced. Continue reading →