Federal National Mortgage Association (FNMA)

The services provided by Arch will relate to Munich Re's involvement in Credit Risk Transfer programs offered by U.S state-sponsored loan companies The Federal National Mortgage Association (Fannie Mae) and The Federal Home Loan Mortgage Corporation (Freddie Mac). Founded in 2017, Arch Credit ...

After holding steady for two years, the share of conventional loans backed by Fannie Mae with down payments of less than 10 percent rose from 12 percent to 14 percent in 2017. The expectation is that it will be even higher this year. "Availability of some low-down-payment loans is really much more ...

Volatility continues in Fannie Mae's monthly housing survey ... These include whether a respondent thinks it is a good time to buy or sell a home, expected changes to home prices and mortgage rates, job security, and changes to household income in the past year. "The primary driver of this month's ...

Former ICE agent admits to defrauding Fannie Mae, SunTrust in short sale scheme ... Enforcement's Homeland Security Investigations division of the Department of Homeland Security admitted in court this week that she conspired to defraud Fannie Mae and SunTrust Mortgage in a short sale scheme.

“Plaid's journey in mortgage is just getting started,” Adamson said. “We look forward to providing the industry with solutions that better serve borrower needs across the loan cycle, and building more partnerships with leaders like Fannie Mae to deliver solutions that benefit both lenders and borrowers to ...

Fannie Mae increased its second-quarter mortgage origination projection by $7 billion as refinance volume is remaining stronger than previously expected. However, if the rhetoric over foreign trade ramps up, it is possible the U.S. could go into a recession and that would not be good news for housing.

The mortgage industry expectation was that Fannie Mae would mitigate the additional risk with other factors, like a higher necessary credit score, but that was not added. The mortgage insurers balked, since they would be on the hook for the risk, so last month Fannie Mae "recalibrated" its risk assessment ...

Guild Mortgage, one of the country's largest independent mortgage lenders, has earned a Servicer Total Achievement and Rewards (STAR) Performer recognition from Fannie Mae for 2017. Launched in 2011, the STAR Program highlights Fannie Mae's highest-performing servicers and defines industry ...

Fannie Mae has awarded U.S. Bank Home Mortgage with 2017 Servicer Total Achievement and Rewards (STAR) recognition in two categories: General Servicing and Solution Delivery. This is the second consecutive year that Fannie Mae has recognized the bank's mortgage servicing division as a STAR ...

"A spike in high-DTI mortgages is a direct consequence of the adjustment Fannie (OTCQB:FNMA) made to its underwriting standards last August," writes Robert W. Baird analyst Kirill Krylov. "This change will put pressure on delinquency rates going forward," . With Fannie Mae dropping the requirement of ...

The proposal to reform of the state-sponsored companies Fannie Mae and Freddie Mac, which guarantee US mortgages, may raise monthly housing costs and reduce property accessibility for many Americans. The US Congress is considering changes to Fannie Mae and Freddie Mac in order to reduce the ...

The terms of Fannie Mae's re-performing loan sales require the winning bidder to offer loss mitigation options that are designed to be sustainable to any borrower who may re-default within five years following the close of the loan sale. Additionally, buyers must report back to Fannie Mae on loss mitigation ...

A policy change by Fannie Mae that took effect last July allowed borrowers with debt-to-income ratios as high as 50 percent to get low down payment mortgages. Homeownership advocates said this could open the marketplace to creditworthy families who simply have high debt loads. (Hero Images / Getty).

Consumer confidence in the housing market fell 3.7 points in February to a score of 85.8 on Fannie Mae's Home Purchase Sentiment Index (HPSI). Results were down ... The net share who said mortgage rates will go down over the next 12 months also fell seven percentage points – to 57%. The share who ...

Congress is considering changes to Fannie Mae and Freddie Mac to reduce the risk to taxpayers if the housing market crashes again. The GSEs, which guarantee a majority of all home loans against defaults, have been under government conservatorship since 2008, when they required more than $150 ...

The comment above applies to a recent article of mine suggesting that Fannie Mae and Freddie Mac be retained with government backing but with a new mission: to eliminate market dysfunction. The reader's point is that the measures I proposed would not create a competitive mortgage market, and she is ...

Fannie Mae has agreed to allow home rental income as part of its income qualification on refinance applications with Better Mortgage, Quicken Loans and Citizens Bank. Quicken Loans recently became the nation's top-producing mortgage lender. According to Nathan Blecharczyk, co-founder and chief ...

Fannie Mae allows borrowers to use the rental income as part of the income qualification to refinance their home loans. Airbnb already tracks the income data and will now provide documentation for a mortgage application. Borrowers can use Airbnb income to apply for refinances through Quicken Loans, ...

“We're excited to have a full solution in Blend with Day 1 Certainty embedded available for all our borrowers,” SWBC Mortgage CEO Susan Stewart said. “Blend and Fannie Mae have been incredible partners on our journey to transform the mortgage process, and we look forward to taking this next big step ...

In partnership with lenders Quicken Loans, Citizens Bank, and Better Mortgage, homeowners can now count income from renting their properties on Airbnb when refinancing a mortgage. The initiative also has government backing, as Fannie Mae, the mortgage facilitator that's still under government ...

Comparable sales data, mapping, aerial imagery, public records, local market trends and more, all in one free application, and lenders see what we (FNMA) see – Fannie Mae uses CU in post-delivery quality control -lenders can use CU to proactively identify and manage appraisal risks prior to loan ...

Despite the rebound in pending home sales in February, purchase mortgage applications fell sharply, and only partially recovered in March. Fannie Mae still expects an increase of 3 percent in total home sales in 2018. The inventory of existing homes for sale is still declining on an annual basis and, while ...

Once the couple had achieved a fully underwritten approval from Stevens, all that was needed was to receive the appraisal and close the loan. The escrow closed in 15 days after the offer was accepted. Dominique Stevens,. Mayfair Mortgage Advisers,. (415) 250-8908, dstevens@mayfairmtg.com.

The San Diego headquartered independent mortgage lender, Guild Mortgage, earned a Servicer Total Achievement and Rewards (STAR) Performer recognition from Fannie Mae for 2017. The STAR Program, which was initiated by Fannie Mae in 2011, is a performance management and recognition ...

The Federal National Mortgage Association, a government-sponsored enterprise (GSE) commonly referred to as Fannie Mae, is asking the U.S. Treasury Department for $3.7 billion in taxpayer money to offset the effect of accounting changes in the 2017 Tax Cuts and Jobs Act. As a publicly traded company ...

Fannie Mae (FNMA) and Freddie Mac (FMCC) , two government-sponsored enterprises that finance more than 45% of U.S. mortgages, could raise monthly ... Based on Zillow's analysis, the typical borrower would pay an additional $390 per month on the median U.S. home for a 15-year fixed rate mortgage.

Fannie Mae and Freddie Mac's recent request for a bailout from the U.S. Treasury (read American taxpayers) has brought back into the public's eye the ... Proponents argue that the GSEs lower mortgage rates, ensure the availability of the standard 30-year fixed rate mortgage, support home ownership and ...