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Fannie Mae predicts mortgage originations continue to drop below 2019 levels.
Both Fannie & Freddie are sufficiently capitalized, FHFA says.
Cissy Yang, an experienced financial services executive, will lead the GSE’s audit strategy.
Fannie Mae Home Purchase Sentiment Index falls to its lowest level since 2011.
The sale of approximately 5,460 loans totaling $663.3 million in unpaid principal balance was awarded to JP Morgan Mortgage Acquisition Corp.
CFO cites figure as GSE releases its 2Q earnings report.
