Tagged: Fannie Mae

Mortgage fraud in the spotlight — what it means for mortgage professionals

Proposed 5% public offering could reshape the U.S. mortgage market — but a host of risks loom along with potential gains

Move comes as HUD making manufactured homes a priority as it seeks to boost housing affordability, access

FHFA gives green light for Fannie Mae and Freddie Mac to approve deal ‘with appropriate safety and soundness guardrails’

Some warn a merger could reduce market competition, raise costs for homebuyers, destabilize the mortgage market

Calls for end to conservatorship, possible merger of Fannie Mae, Freddie Mac to reduce redundancies

PMI supported nearly $300B in mortgages last year and bucks other homeownership add-on cost trends with 25% premium decline since 2017

Two complaints both seek $1 million in damages for each former employee for total of $82 million

NEXA CEO Kortas says implementation marks ‘the first mortgage brokerage to implement comprehensive agentic AI at this scale’

Deal could value GSEs at combined $500B, sell a portion of their stock to raise ~$30B