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Fannie Mae and Freddie Mac sold 7,140 Non-Performing Loans (NPLs) during the first half of this year
Fannie Mae and Freddie Mac sold 7,140 Non-Performing Loans (NPLs) during the first half of this year, according to new data from the Federal Housing Finance Agency (FHFA). This down from a total of 18,419 NPLs sold in the first half of 2017.   NPLs sold through the first half of 2018 had an average... Keep Reading....
Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4 billion in the second quarter but higher than the $3.04 billion from the third quarter of 2017
Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4 billion in the second quarter but higher than the $3.04 billion from the third quarter of 2017.   The government-sponsored enterprise (GSE) also reported $4 billion in net income for the third quarter... more
The Federal Housing Finance Agency (FHFA) has published a final rule amending its regulation for the Federal Home Loan Banks' (FHLBanks) Affordable Housing Program (AHP)
Freddie Mac reported comprehensive income of $2.6 billion during the third quarter, up from $2.4 billion in the second quarter but down from the $4.7 billion reported in the third quarter of 2017.   Freddie Mac also reported net income of $2.7 billion for the third quarter, up from $2.5 billion in... more
Blue Water Financial Technologies has developed an electronic co-issue pricing and trading platform, MSR-X for co-issuing purposes that allows lenders and investors to view portfolios and transactional data in real-time
Blue Water Financial Technologies has announced the hiring of Jason Sweeney as Executive Director of Business Development, where he will be responsible for new client acquisition, overseeing all outbound business development efforts.   Prior to joining Blue Water, Sweeney spent nearly 20... more
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago.   “The fact that Ginnie Mae has reached $2 trillion in outstanding principal underscores the corporation’s role and highlights our... more