WASHINGTON - Fannie Mae has completed its ninth and final Credit Insurance Risk Transfer (CIRT) transaction for the year, CIRT 2023-9, marking a significant transfer of mortgage...
Fannie Mae has extended its Multifamily Positive Rent Payment (PRP) pilot program through December 2024, aiming to bolster the credit profiles of renters by including their timely...
Fannie Mae and Freddie Mac have entered a new phase in the Uniform Closing Dataset (UCD) critical edit process. This development requires lenders to address "fatal data points"...
On Thursday, Freddie Mac reported a slight decrease in the average rate on the benchmark 30-year home loan, ending a seven-week upward trend. The rate dropped from 7.79% to 7.76%,...
Fannie Mae reported a decrease in its net income to $4.7 billion in Q3 2023, down from the previous quarter, amidst a challenging housing market characterized by high mortgage...
Fannie Mae has reported a significant increase in its Q3 profits for 2023, which reached $4.7 billion, nearly double the $2.44 billion recorded in the same period last year. This...
Fannie Mae's Economic and Strategic Research (ESR) group has revised its real GDP prediction for 2023 to 2.5%, anticipating a slight recession in the first half of 2024. The group...
Fannie Mae (FNMA) today announced a series of leadership changes following decisions by two veteran executives that they will soon retire from the company. President David C....
Fannie Mae, a prominent player in the Financial Services industry, according to InvestingPro Tips, has increased its annual investment cap in the Low-Income Housing Tax Credit...
In an environment of unfavorable mortgage rates, the Fannie Mae Home Purchase Sentiment Index (HPSI) has seen a decline, with consumers' optimism about buying homes reaching an...