News Results

Existing Home Sales Forecast Upgraded Slightly on Lower Rate Outlook WASHINGTON, March 28, 2025 Mortgage rates are now expected to end 2025 and 2026 at 6.3 percent and 6.2 percent, respectively, downward revisions of three-tenths for each, according to the March 2025 commentary from the Fannie Mae Economic and Strategic Research Group.

27-unit Noel Place will set aside affordable apartments for special-needs residents. The Federal Home Loan Bank of Dallas and BankPlus were joined by Gulf Coast Housing Partnership, Midtown Partners Inc. and local leaders to celebrate the opening of Noel Place, a new affordable housing development in Jackson, Mississippi. This press release features multimedia.

Greystone, a leading national commercial real estate finance company, has provided a total of $15.4 million in Fannie Mae Delegated Underwriting & Servicing financing to refinance two properties with 253 units total in Wisconsin and Illinois.

Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.65%. ?The 30-year fixed-rate mortgage ticked down by two basis points this week,? said Sam Khater, Freddie Mac?s Chief Economist.

CTBC Bank and the Los Angeles County Economic Development Corporation have announced that Federal Home Loan Bank of San Francisco is matching CTBC?s own $300,000 donation with a $50,000 matching donation for fire relief response in the Los Angeles area.

Freddie Mac today posted to its website its Monthly Volume Summary for February 2025, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.

Federal Home Loan Mortgage Corp (FMCC) : * TOP EXECUTIVES AT FREDDIE MAC INCLUDING CEO DIANA REID AND HEAD OF HUMAN RESOURCES DIONNE WALLACE OAKLEY WERE DISMISSED THURSDAY - SEMAFOR Source text: Further company coverage:

Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.67%. "The 30-year fixed-rate mortgage has stayed under 7% for nine consecutive weeks, which is helpful for potential buyers and sellers alike,? said Sam Khater, Freddie Mac?s Chief Economist.

?ServiceMac named one of the top-rated servicers in the U.S. for second year in a row? ServiceMac, a leading innovator in mortgage subservicing and a member of the First American family of companies, today announced the company earned Fannie Mae?s 2024 Servicer Total Achievement and Rewards? Performer award in both the General Servicing and Solution Delivery categories.

Federal Home Loan Bank of Atlanta will allocate $50 million through its 2025 Affordable Housing Program General Fund, which opens for applications on April 21, 2025. This year, FHLBank Atlanta is increasing the maximum subsidy amount per project to $1.25 million, up from $1 million in 2024, given the current market environment of higher construction costs and home prices.

Mortgage rates are rising again ? and that?s bad news for homebuyers and refinancers. With the most recent figures indicating a big decline in mortgage applications, the conditions are ready for MBS ETFs to pick up steam as yields increase and prepayment risks get diminished. MBS ETFs are invested in mortgage-backed securities, which are home loan-backed debt securities.

First State Bank of Abernathy, Texas, used Federal Home Loan Bank of Dallas Economic Development Program advances to aid three struggling West Texas hospitals. This press release features multimedia.

The Federal Home Loan Bank of Dallas, through its member Texas Capital Bank awarded a $100,000 Heirs? Property Program grant to the Local Initiatives Support Corporation Houston in Houston, Texas, in a ceremonial check presentation today. This press release features multimedia.

Forty Scholarships Worth Up to $400,000 Available for High School Seniors and Up to $100,000 Scholarships Offered to Graduate Students The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is now accepting applications for its 2025-26 Bridging the Dream Scholarship Program. This press release features multimedia.

Federal National Mortgage Association (FNMA): * FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE - FHFA REMOVES EIGHT MEMBERS FROM FANNIE MAE'S BOARD. * FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE - FHFA APPOINTS FOUR NEW DIRECTORS TO FANNIE MAE'S BOARD.

The Federal Home Loan Bank of San Francisco is deepening its commitment to increasing access to affordable housing and homeownership by investing in Nevada Housing Division Mortgage Revenue Bonds. ?Attainable homeownership for all Nevadans is one of my highest priorities and we can?t do this alone,? said Governor Lombardo.

NEW YORK, March 14, 2025 ?The CRE Finance Council, the trade association that exclusively represents the nearly $6 trillion commercial and multifamily real estate finance industry, released the following statement from CREFC President and Chief Executive Officer Lisa Pendergast after the U.S. Senate voted to confirm Bill Pulte as Director of the Federal Housing Finance Agency: "On behalf of CR...

WASHINGTON, March 13, 2025 ?The?American Land Title Association, the national trade association of the land title insurance industry, commends the U.S. Senate for confirming Bill Pulte as the new director of the Federal Housing Finance Agency.

The U.S. Senate voted Thursday to confirm William Pulte to serve as the next director of the regulator charged with overseeing housing giants Fannie Mae and Freddie Mac.

Freddie Mac today released the results of its Primary Mortgage Market Survey??, showing the 30-year fixed-rate mortgage averaged 6.65%. ?Despite volatility in the markets, the 30-year fixed-rate mortgage remained essentially flat from last week,? said Sam Khater, Freddie Mac?s Chief Economist.

60-Unit Community Will Provide Secure Housing and Services for Vulnerable Groups. A $1.98 million Affordable Housing Program grant from the Federal Home Loan Bank of Dallas, through member Texas Capital Bank will help fund a 60-unit supportive housing community for the housing-fragile population in Austin, Texas. This press release features multimedia.

Federal Home Loan Bank of San Francisco Matches with an Additional $30,000, Strengthening Local Housing Initiatives. First Foundation Bank has awarded Neighborhood Housing Services of the Inland Empire a $10,000 grant to support its Black Homeownership Program.

Purchase Will Revitalize Neighborhood and Spur Continued Investment in East Buffalo BUFFALO, N.Y., March 11, 2025 /PRNewswire/ -- BFC Partners, The NHP Foundation and St. John Fruit Belt CDC have closed on Towne Gardens, located at 440 Clinton Street in East Buffalo, New York, purchased out of foreclosure from The Federal National Mortgage Association for $21,7000,000.

Greystone, a leading national commercial real estate finance company, has provided a $23,000,000 Commercial Mortgage Backed Security loan to refinance a three-property portfolio of multifamily communities in New Orleans, Louisiana. The multifamily communities are 1970s vintage Class C assets being refinanced after two years of ownership.

Funds Will Be Used to Educate Low-Income Homebuyers. Representatives from the Federal Home Loan Bank of Dallas, Cadence Bank (CADE) and Citizens National Bank awarded $9,000 in Partnership Grant Program funds to Housing Economic Resources & Education in a ceremonial check presentation today in Hattiesburg, Mississippi. This press release features multimedia.

http://archive.fast-edgar.com/20250310/AIZ2Q22C5222R2Z2222222Z9KQ9BJ2288272 Filed on: March 10, 2025.

Freddie Mac announced today it will offer approximately $290 million in non-performing loans for sale via auction. The NPLs are being marketed via four pools: three Standard Pool Offerings and one Extended Timeline Pool Offering, which targets participation by smaller investors, including non-profits and Minority, Women, Disabled, LGBTQ+, Veteran or Service-Disabled Veteran-Owned Businesses.

Pessimism Toward Mortgage Rates and Personal Financial Situations Grows WASHINGTON, March 7, 2025 The Fannie Mae?Home Purchase Sentiment Index? decreased 1.8 points in February to 71.6, driven largely by consumers' increased pessimism that mortgage rates will go down in the next year.

Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC PRICES APPROXIMATELY $759 MILLION SECURITIZATION OF RE-PERFORMING LOANS Source text: Further company coverage:

Freddie Mac announced today the pricing of its first Seasoned Credit Risk Transfer Trust offering of 2025?a securitization of approximately $759 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans.

Mortgage rates have experienced a notable decline as the spring home-buying season begins, according to the latest data from Freddie Mac. What To Know: The 30-year fixed-rate mortgage dropped to 6.63% as of Tuesday, down from 6.76% the previous week, marking the largest weekly decrease since mid-September 2024.

Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.63%. ?As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September,? said Sam Khater, Freddie Mac?s Chief Economist.

Newrez LLC, a leading nationwide mortgage lender and servicer is proud to announce that for the second year in a row, it has earned Fannie Mae?s Servicer Total Achievement and Rewards? performer recognition for the 2024 STAR Program year in the categories of General Servicing and Timeline Management. This press release features multimedia.

PHH Mortgage, a subsidiary of Onity Group Inc. (ONIT) and a leading non-bank mortgage servicer and originator, today announced the Company achieved Fannie Mae?s 2024 Servicer Total Achievement and Rewards? Performer recognition in the General Servicing category.

KBRA releases the February 2025 issue of CMBS Trend Watch. The appetite for U.S. private label CMBS issuance remained strong in February as 17 deals priced for a total volume of $18.3 billion, more than doubling January?s issuance of $7.9 billion. In February, KBRA published pre-sales for 11 deals including five conduits, four SB, and two Agency.

Funds Will Be Used for Heirs? Property Education. The Federal Home Loan Bank of Dallas awarded $145,080 in Heirs? Property Program grants to Southeast Louisiana Legal Services, East St. Tammany Habitat for Humanity and the United Way of Southeast Louisiana at a ceremonial check presentation recently. This press release features multimedia.

Federal National Mortgage Association (FNMA): * FANNIE MAE ANNOUNCES SALE OF REPERFORMING LOANS. * FANNIE MAE- SALE CONSISTS OF 3,141 LOANS WITH $559.8 MILLION UNPAID PRINCIPAL BALANCE Source text: Further company coverage:

WASHINGTON, March 4, 2025 Fannie Mae?today began marketing its most recent 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 3,141 loans, having an unpaid principal balance of approximately $559.8 million, and is available for purchase by qualified bidders.

?Asset Token Ventures, a leader in bridging real-world assets with blockchain, has launched MBSTokenTM, a groundbreaking solution that brings liquidity, transparency, and efficiency to the $11 trillion mortgage-backed securities market. At the core of this initiative are two parallel funds: MBSToken ITM and MBSToken IITM.

KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K760 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-760. The underlying transaction is collateralized by 24 fixed-rate multifamily mortgage loans.