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News stories about Fannie Mae

 
Mar 9, 2018  14:50 ET
Mortgage industry moves into digital age
Mortgage companies have been rapidly adopting new digital technology, partly driven by new regulations and party by the demand from mortgage customers seeking a quicker, paperless process. Henry Ca...
Mar 6, 2018  10:55 ET
Apartment sector charts a stable course
Fannie Mae provided more than $67 billion in financing for the multifamily sector in 2017, a record year for the government-sponsored enterprise. Kim Betancourt, Fannie’s director of economics and ...
Feb 22, 2018  8:35 ET
Consumers remain wary of creating digital identities
The digital age may one day lead to a quicker and more affordable home mortgage. A new survey conducted by Fannie Mae suggests, however, that most consumers are wary of giving up personal financial ...
Feb 21, 2018  12:50 ET
Blog: SCOTUS declines to step into GSE fight
The U.S. Supreme Court declined this week to intervene in the fight between Fannie Mae's and Freddie Mac's private shareholders and the U.S. government over billions in profits. The nati...
Feb 14, 2018  11:35 ET
GSEs will need one-time bailouts
The government-sponsored enterprises Fannie Mae and Freddie Mac announced last week they will need to take draws on the U.S. Treasury after taking one-time hits as a result of last year’s tax overha...
Jan 31, 2018  11:05 ET
Blog: Treasury's Mnuchin talks GSE reform
In testimony this week before the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Treasury Secretary Steven Mnuchin reaffirmed the Trump administration’s preference for Congress to ena...
Jan 4, 2018  9:25 ET
GSEs wade into chattel financing
As part of a pilot program revealed last month, the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac plan collectively to bankroll about $200 million in chattel loans backed by manu...
Dec 21, 2017  15:40 ET
Fitch: GSEs will need large Treasury draw next year
The government-sponsored enterprises will likely need to write down billions of dollars and take draws on the U.S. Treasury early next year in anticipation of a lower corporate tax rate, even though ...
Dec 20, 2017  10:25 ET
GSEs plan to bankroll millions in chattel financing
Fannie Mae and Freddie Mac signaled this month that they will back some $200 million in chattel-loan financing for manufactured-home purchases over two years. The government-sponsored e...
Nov 9, 2017  13:50 ET
ICBA: GSE reform will be a heavy lift
Most industry groups believe Congress and the Trump administration will make a push next year to reform the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, which could lead to a re...
Nov 2, 2017  9:35 ET
Fannie posts $3 billion profit despite hurricanes
Fannie Mae reported on Thursday $3 billion in net and comprehensive income in the third quarter, despite accounting for anticipated losses from a string of recent hurricanes. Fannie’s pr...
Oct 30, 2017  12:00 ET
Blog: FHFA proceeds with language-preference question
The Federal Housing Finance Agency (FHFA) earlier this month announced it will include a language question on the standard application form used by borrowers to apply for Fannie Mae and Freddie Mac ...
Sep 21, 2017  15:20 ET
Euro-bank tapering could be what drives up rates
On Wednesday, the Federal Reserve announced it would begin to gradually reduce its $4.5 trillion balance sheet beginning in October. Doug Duncan, chief economist with Fannie Mae, discussed with Sco...
Aug 3, 2017  12:20 ET
Fannie posts solid earnings in Q2
Fannie Mae posted strong profits in the second quarter, even as its chief executive officer warned that the government-sponsored enterprise (GSE) would most likely have to weather any losses in futu...
Jul 21, 2017  17:10 ET
Blog: Small lenders weigh in on GSE reform
Small lenders got their turn this past week to speak out on reform of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The Senate Banking Committee held its second...
 

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Questions? Contact Chief Reporter Victor Whitman at (425) 984-6017 or victorw@scotsmanguide.com

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