Investors who fund most home loans get new climate risk tool

Intercontinental Exchange Inc. teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs. Continue reading

Fannie Mae, Freddie Mac boost profits in Q2 despite a slow spring

Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars previously reserved for losses. Continue reading

Home prices ticked up in April as market faced a mixed bag

One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading

Second month of home price gains could signal end to year of declines

U.S. home prices rose 0.7 percent in March, notching a second-straight month of upticks while suggesting declines that began in 2022 may be winding down, according to data from CoreLogic and the FHFA. Continue reading

Economist explains that controversial FHFA fee change

There’s been a lot of talk about the FHFA’s fee increase, but economist Matthew Gardner thinks that, for the most part, it’s much ado about nothing. Continue reading

Republicans turn up heat on Fannie and Freddie mortgage fee flap

The Federal Housing Finance Agency has formally requested public feedback on what its goals and priorities should be in setting Fannie Mae and Freddie Mac’s pricing structure. Continue reading

Regulator rescinds new Fannie, Freddie fee for riskier borrowers

Lending industry groups like the Mortgage Bankers Association called a fee based on borrower’s debt-to-income ratio “unworkable.” Continue reading

Fannie and Freddie’s fees going up Monday despite lender objections

The Federal Housing Finance Agency says risk-based fee increases are aimed at ensuring the mortgage giants’ safety and soundness, not to subsidize fee waivers for buyers of limited means. Continue reading

Mortgage, tech experts invited to brainstorm ideas at ‘TechSprint’

Fannie Mae and Freddie Mac’s federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation’s capital July 10-13. Continue reading