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The Week Ahead: Loan Performance on the Radar

Are Loans Originated by GSEs Less Likely to Default?

Milliman reported that the default risk for loans backed by Fannie Mae and Freddie Mac fell to 1.99% during Q2 2019. The default...
Freddie earn

Freddie Mac plans to push hard toward conservatorship exit

Freddie Mac will make haste to leave conservatorship in line with new regulatory directives, but it's uncertain how quickly it can move, CEO...
Supreme Court

Trump administration wants Supreme Court to back GSE profit sweep

WASHINGTON — The Justice Department wants the Supreme Court to hear a case to decide the fate of Fannie Mae and Freddie Mac's...
FHFA Director Mark Calabria

FHFA’s Calabria talks GSE footprint, coordination with other agencies

Six months into his tenure leading the Federal Housing Finance Agency, Mark Calabria on Monday debuted a strategic plan for Fannie Mae and...
Fannie Mae, Freddie Mac investors fighting profit sweep get key court win

Are Fannie Mae, Freddie ready for competition? ‘Bring it on,’ CEOs say

When it comes to possible new competitors in the secondary market, the heads of the two current outlets said they more than welcomed...
Ginnie

Ginnie Mae lays out its plan for a digital mortgage pilot

Ginnie Mae is looking for input on its proposed guidelines for electronic promissory notes and other mortgage documents that it plans to test...
Earnings

GSEs unveil part of new mortgage app, add language resource

The government-sponsored enterprises are moving ahead with a new mortgage application that omits a previously planned language question, but are looking to serve...
Steven Mnuchin, Ben Carslon and Mark Calabria testify on housing finance reform

FHFA’s Calabria is open to wiping out Fannie, Freddie shareholders

WASHINGTON — At the second of two hearings to examine the Trump administration's housing finance reform blueprint, key officials charged with implementing the...
Remodeling

Current projections show a slower taper for home improvement in 2020

Renovation spending is decelerating faster than expected this year, but could slow with more deliberation than previously anticipated next year, according to Harvard...
Originations

Fannie Mae bumps its 2019 origination estimate up another notch

Single-family mortgage production this year is expected to be 3% higher than anticipated last month, according to Fannie Mae, which revised its estimates...

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Singer-songwriter Norah Jones has made her historic townhouse in Brooklyn’s leafy, historic Cobble Hill neighborhood available at exactly $8 million. The famously private...
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Even in a housing market where bidding wars are on the decline, three strategies significantly increase a competitive offer’s likelihood of success.When it...

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