Fannie Mae and Freddie Mac this week announced enhancements to their flex modification programs. The primary aim is to ensure that modifications result in a 20% reduction in P&I payments.

A new advisory bulletin from the FHFA will require the GSEs to come up with comprehensive, actionable plans to deal with the impacts of climate change on housing finance.

Fannie and Freddie boast about their downpayment assistance and consumer education programs, key initiatives to help first-time homebuyers in a high-interest-rate, low-supply market.

The capital markets teams at Fannie Mae and Freddie Mac tweaked their product offerings in May.

High delinquency rates in the GSEs’ senior housing portfolios suggest that the sector still hasn’t recovered from the panic created by the pandemic. High interest rates and inflation haven’t helped.

The mortgage giant itemizes the sources of the increased cost of loan origination, then pitches the technological tools embedded in its underwriting system as a potential remedy.

Consultants at Stratmor recommend banks use their natural advantages to expand originations and improve customer acquisitions.

It turns out selling securities at a loss wasn’t a strategy for success for banks facing deposit runs in March 2023.

After losing an appeal before a three-judge panel of the Federal Court of Appeals, plaintiffs are asking — for the second time — that the full court hear their case in light of a new Supreme Court decision.

The new policy includes the implementation of a waterfall of loan modifications designed to reduce borrowers' monthly mortgage payment by at least 20%.