Economists argue that permanent buydowns allow buyers to qualify for higher-price homes at lower rates, thus increasing buying power and allowing builders to sell more homes without having to cut prices
Former president of the GSE returns in new role after 20-plus years of leadership, bringing more than 30 years of experience in mortgage credit, finance, and capital markets to his new role as an advisor
New credit decisioning offering provides actionable, data-driven insights to help accelerate approvals and assist borrowers in achieving homeownership
The GSE names Jake Williamson as its new acting head of single-family, and Tom Klein to the role of acting general counsel, two highly respected leaders who will help lead the company to “increase safety and soundness and accelerate profitability
Fully integrated with Fannie Mae’s Income Calculator, the new platform enables lenders to approve borrowers with intricate business structures and diverse income streams
Replacing outgoing President and CEO Priscilla Almodovar, current EVP and COO Peter Akwaboah will hold the title of acting CEO as the GSE continues its search for a permanent CEO
As the debate to bring Fannie Mae and Freddie Mac public continues, a panel at the MBA’s Annual Convention discussed the process of taking the GSEs out of conservatorship and the impact of such a move on the mortgage marketplace
FHFA requesting public comment on the strategic direction of the GSEs “to help restore the American Dream of homeownership for all Americans”
New rule allows rental income from accessory dwelling units to be considered as part of a borrower’s qualifying income
FHFA Director William Pulte appoints Brandon Hamara to a full-time board member of the GSE to 'further effectuate homebuilding' in the U.S.