Tag: Fannie Mae

A Positive Development on Housing Finance Reform

Filed in Capitol Hill, Housing Finance by on December 7, 2017 0 Comments
A Positive Development on Housing Finance Reform

House Financial Services Committee Chairman Jeb Hensarling spoke out yesterday on the need to enact comprehensive housing finance reform and acknowledged that a final package would likely contain some kind of federal backstop.

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FHFA Publishes Final Guidance on Duty to Serve Program

Filed in Housing Finance by on November 29, 2017 0 Comments

The Federal Housing Finance Agency (FHFA) today published its final evaluation guidance for its Duty to Serve program. Fannie Mae and Freddie Mac have a statutory duty to support housing finance in three underserved markets — manufactured housing, affordable housing preservation, and rural housing markets.

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Fannie Mae, Freddie Mac Maximum Conforming Loan Limits to Rise in 2018

Filed in Housing Finance by on November 28, 2017 0 Comments
Fannie Mae, Freddie Mac Maximum Conforming Loan Limits to Rise in 2018

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limit for mortgage loans acquired by Fannie Mae and Freddie Mac in 2018 will increase to $453,100 from $424,100.

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Slight Decline in Multifamily Lending Caps for Fannie Mae and Freddie Mac

Filed in Housing Finance, Multifamily by on November 21, 2017 0 Comments
Slight Decline in Multifamily Lending Caps for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) announced today that multifamily lending caps for Fannie Mae and Freddie Mac will be $35 billion for each enterprise in 2018, down from $36.5 billion in 2017.

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Fannie Mae, Freddie Mac Re-enter the Low Income Housing Tax Credit Market

Filed in Housing Finance by on November 16, 2017 0 Comments
Fannie Mae, Freddie Mac Re-enter the Low Income Housing Tax Credit Market

In a positive development that should help boost the affordable housing market, the Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will be allowed limited re-entry into the Low-Income Housing Tax Credit (LIHTC) market as equity investors, effective immediately.

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NAHB Calls on Congress to Enact Comprehensive Housing Finance Reform

Filed in Capitol Hill, Housing Finance, Leadership by on November 2, 2017 1 Comment
NAHB Calls on Congress to Enact Comprehensive Housing Finance Reform

Congress must move swiftly to implement comprehensive reforms to the nation’s housing finance system to ensure that housing credit remains readily available and affordable in the future, NAHB said in testimony today.

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FHFA Proposes New Housing Goals for Fannie Mae, Freddie Mac

Filed in Housing Finance by on July 7, 2017 0 Comments
FHFA Proposes New Housing Goals for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) has proposed new housing goals for Fannie Mae and Freddie Mac for 2018 through 2020.

The housing goals are for mortgages purchased by the two government-sponsored enterprises. They include separate categories for single-family and multifamily mortgages on housing that is affordable to low-income and very low-income families, among other categories.

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Mnuchin Opposes Recap and Release of Fannie and Freddie

Filed in Capitol Hill, Housing Finance by on January 24, 2017 0 Comments
Mnuchin Opposes Recap and Release of Fannie and Freddie

Steve Mnuchin, President Trump’s pick to be Treasury secretary, said that he opposed a “recap and release” plan for Fannie Mae and Freddie Mac during his Senate confirmation hearing on Jan. 19.

Recap and release would mean recapitalizing Fannie Mae and Freddie Mac and then releasing the two mortgage giants from government control.

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A Prudent Way to Deal with Fannie Mae and Freddie Mac

Filed in Housing Finance by on December 21, 2016 0 Comments
A Prudent Way to Deal with Fannie Mae and Freddie Mac

The Bloomberg Editorial Board has outlined a thoughtful approach to transition Fannie Mae and Freddie Mac and attract badly needed private capital back into the marketplace.

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Fannie-Freddie to Raise Conforming Loan Limits in 2017

Filed in Codes and Regulations, Housing Finance by on November 23, 2016 3 Comments
Fannie-Freddie to Raise Conforming Loan Limits in 2017

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limit for mortgage loans acquired by Fannie Mae and Freddie Mac in 2017 will increase to $424,100 from $417,000.  This will be the first increase in the conforming loan limit since it was raised to $417,000 in 2006. The Housing and […]

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