Fannie Mae Releases September Summary
Fannie Mae's Guaranty Book of Business increased 1.6% during September.
Fannie Mae's Guaranty Book of Business increased 1.6% during September.
Transaction includes approximately 61 loans totaling $13 million in unpaid principal balance.
GSE says defunct mortgage lender trying to sell servicer/seller license that doesn't exist.
Transferred $265 million of mortgage credit risk to private insurers and reinsurers.
Single-family home prices increased nearly 14% in 3Q 2022.
The program is designed to expand the pool of potential homebuyers.
Sold approximately 5,650 loans totaling $936.9 million in unpaid principal balance, divided into four pools.
Rapid rising rates are contributing to negative GDP growth.
Fannie Mae's monthly HPSI report showed its seventh straight month of declines, approaching a drastic low.