News Results

  1. Fannie Mae Announces the Results of its Twenty-Ninth Reperforming Loan Sale Transaction
    PR Newswire | 09/14/23 10:00 AM EDT

    WASHINGTON, Sept. 14, 2023 Fannie Mae?today announced the results of its twenty-ninth reperforming loan sale transaction. The loan pool awarded in this most recent transaction includes: The cover bid, which is the second highest bid for the pool, was 79.04% of UPB.

  2. Fannie Mae Announces Winner of its Latest Non-Performing Loan Sale
    PR Newswire | 09/14/23 09:30 AM EDT

    WASHINGTON, Sept. 14, 2023 Fannie Mae today announced the results of its twenty-first non-performing loan sale transaction. The loan pool awarded in this most recent transaction includes: The cover bid, which is the second highest bid for the pool, was 98.12% of UPB. Bids are due on Fannie Mae's Community Impact Pool on September 20, 2023.

  3. Milliman analysis: Mortgage origination volume returns to pre-pandemic levels in Q2 2023 while default risk declines slightly
    PR Newswire | 09/13/23 01:10 PM EDT

    Borrower risk for Fannie Mae loans decreased, while increasing for Freddie loans SEATTLE, Sept. 13, 2023 Milliman, Inc., a premier global consulting and actuarial firm, today announced the second quarter 2023 results of the Milliman Mortgage Default Index, which shows Milliman's latest monthly estimate of the lifetime default risk of U.S.-backed mortgages.

    PR Newswire | 09/13/23 12:22 PM EDT

    Funds will be used to help low-income homeowners in Kentucky, Ohio and Tennessee CINCINNATI, Sept. 13, 2023 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati awarded nearly $7 million in grants to low-income homeowners to fund accessibility rehabilitation and emergency repairs for those with special needs or persons over 60.

  5. Fannie Mae Announces Thirtieth Sale of Reperforming Loans
    PR Newswire | 09/12/23 10:07 AM EDT

    WASHINGTON, Sept. 12, 2023 Fannie Mae today began marketing its thirtieth sale of?reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 12,800 loans, having an unpaid principal balance of approximately $2.65?billion, and is available for purchase by qualified bidders.

  6. Nexus Nova LLC Receives Fannie Mae Master Servicing Approval
    PR Newswire | 09/07/23 01:29 PM EDT

    MINNEAPOLIS, Sept. 7, 2023 ?Rice Park Capital Management?LP, a Minneapolis-based investment firm, is pleased to announce that its subsidiary, Nexus Nova LLC, received Fannie Mae master servicing approval effective September 5, 2023.

  7. Unusual Housing Market Dynamics Contributing to Stall in Consumer Sentiment
    PR Newswire | 09/07/23 08:30 AM EDT

    HPSI's Low-Level Plateau Continues as Consumers Remain Frustrated by Lack of Affordability WASHINGTON, Sept. 7, 2023 The Fannie Mae Home Purchase Sentiment Index? remained effectively unchanged in August, as consumer confidence toward housing continued along the low-level plateau set earlier this year.

  8. Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Hurricane Idalia
    PR Newswire | 09/01/23 10:08 AM EDT

    WASHINGTON, Sept. 1, 2023 Fannie Mae?is reminding homeowners and renters impacted by natural disasters, including Hurricane Idalia, of available mortgage assistance and disaster relief options. "The health and safety of those affected by Hurricane Idalia is our most urgent concern," said?Cyndi Danko, Senior Vice President and Chief Credit Officer, Single-Family, Fannie Mae.

  9. Blue Cross and Blue Shield of Minnesota accesses grant funding for first-time home buyers in partnership with Twin Cities Habitat for Humanity
    PR Newswire | 08/31/23 03:00 PM EDT

    Down payment grants made possible through insurer's membership with the?Federal Home Loan Bank of Des Moines?. EAGAN, Minn. and SAINT PAUL, Minn. FHLBanks typically provide AHP funds to member financial institutions that have their own mortgage lending programs.

  10. Fannie Mae Releases July 2023 Monthly Summary
    PR Newswire | 08/25/23 04:05 PM EDT

    WASHINGTON, Aug. 25, 2023 Fannie Mae's July 2023 Monthly Summary is now available. About Fannie MaeFannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroom

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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