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News stories about Fannie Mae

 
Oct 9, 2018  13:20 ET
Fannie appoints interim CEO
Fannie Mae has appointed former Berkadia executive Hugh R. Frater as its interim chief executive officer. Fannie’s CEO Tim Mayopoulos will exit the job on Oct. 15, and Frater will assume...
Sep 25, 2018  10:05 ET
Opinion: PMI must play crucial role in housing reform
By Bradley Shuster Government-backed conventional mortgages totaled approximately $5.3 trillion as of summer 2018. As every follower of the mortgage-finance system knows, the guarantors of th...
Sep 21, 2018  11:00 ET
Fannie economist: Housing slowdown drags on economy
In its latest forecast, Fannie Mae predicted that the U.S. economy had peaked in the second quarter in terms of gross domestic product (GDP) growth and would slow gradually going foward, in part dri...
Sep 17, 2018  15:50 ET
Fannie: U.S. economy will start to slow
 Fannie Mae says the economy likely peaked in the second quarter, and gross domestic product [GDP] growth will likely slow to around 2.3 percent next year from a predicted 3 percent for the full-year ...
Sep 12, 2018  13:10 ET
Lenders remain bearish on mortgage market
Mortgage lenders have grown even more pessimistic about the outlook for profits, Fannie Mae reported. Senior executives reported “a net negative” outlook for the eighth consecutive quarter, acco...
Sep 6, 2018  15:20 ET
GSE conservatorship hits a decade, and counting
The 10-year anniversary of the government’s takeover of the Fannie Mae and Freddie Mac was marked by another call from the industry urging Congress to get moving on housing-finance reform, and also ...
Sep 5, 2018  15:45 ET
Lender group calls for action on GSE reform
With the 10-year anniversary of the government’s takeover of Fannie Mae and Freddie Mac approaching this week, a nonbank trade group has renewed its call for the government-sponsored enterprises (GS...
Aug 27, 2018  8:40 ET
Experts: GSEs serve vital role in multifamily
The multifamily business of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac has grown exponentially during the tenure of Federal Housing Finance Agency Director Mel Watt, whose ag...
Aug 13, 2018  16:10 ET
GSE multifamily-financing activity remains elevated
The government-sponsored enterprises (GSEs) bankrolled a lesser volume of multifamily loans in the first half of this year, but the numbers remain elevated compared to recent history. Th...
Aug 10, 2018  14:50 ET
Industry expert: Government hampers mortgage market
Last month, the American Enterprise Institute (AEI) sponsored a forum on whether the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac should be expanding or contracting their footpri...
Aug 6, 2018  15:55 ET
GSEs finance fewer loans in 2018 at midway
Fannie Mae and Freddie Mac bankrolled fewer single-family loans through the first half of this year compared to the first six months of 2017. Collectively, the government-sponsored enterp...
Aug 2, 2018  12:05 ET
Fannie Mae increases profits in Q2
Fannie Mae posted another profitable quarter. Fannie on Thursday reported net and comprehensive income of $4.5 billion for the April-June period, and anticipates paying a dividend to the...
Jun 15, 2018  11:10 ET
Fannie economist: Mortgage market faces turbulence
A recent Fannie Mae survey suggests that senior executives at mortgage companies are taking a dimmer view on the outlook for profitability and the demand for home loans. Doug Duncan, Fannie’s chief...
Jun 13, 2018  10:15 ET
Fannie: Loan demand is falling
Senior executives at mortgage companies are taking a dimmer view on the outlook for profitability and the demand for loans, Fannie Mae’s second-quarter lender sentiment survey indicated. ...
May 7, 2018  16:10 ET
GSEs bankroll fewer loans in Q1
The industrywide decline in refinancing continues to translate into weaker borrower demand for loans originated for Fannie Mae and Freddie Mac. In the first quarter, the government-spons...
 

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