Archive for the Fannie Mae Category


GSE Investors Love Treasury Turning Its Back On FHFA’s Constitutionality

As we rapidly approach the first net worth sweep of the incoming administration, it’s worth noting that the only two companies in history that have paid out net worth equity dividends as part of a plan to wind them down are Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC). These two companies support middle class America […]

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ABA Renews Endorsement of Fannie Mae for Secondary Market …

The American Bankers Association, through its Corporation for American Banking subsidiary, has renewed its endorsement of Fannie Mae’s secondary market options for community banks. ABA’s partnership with Fannie Mae, which began in 2002, helps community banks compete effectively and manage interest rate risk, providing discounts on application fees and training, underwriting support, customized education and […]

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Fannie Mae announces credit risk transfer on $20.4 billion in loans …

Fannie Mae announced it completed the first two traditional Credit Insurance Risk Transfer transactions of 2017 covering existing loans in the company’s portfolio. The two deals, CIRT 2017-1 and CIRT 2017-2, became effective on Feb. 1 and cover $20.4 billion in loans. Fannie Mae announced the deals are part of an ongoing effort to reduce […]

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Letter to Secretary Mnuchin and Director Watt regarding Fannie Mae and Freddie Mac profits

Letter to Secretary Mnuchin and Director Watt regarding Fannie Mae and Freddie Mac profits Advocacy Letter – 03/23/17 Source: The Leadership Conference on Civil and Human RightsRecipient: The Honorable Melvin L. Watt and The honorable Steven Mnuchin View a PDF of this letter here Dear Director Watt and Secretary Mnuchin: We are writing to express […]

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NBC2 Investigators: Buyer claims to be ripped off by Fannie Mae …

HENDRY COUNTY, FL – The hustle and bustle of Miami was just too much for Renate Manns and her family sometimes. They wanted a place to escape. “Our plan was to get something out here to be able to be coming out here every weekend,” Manns said. Manns and her husband found what they thought […]

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Fannie Mae Announces First CIRT Transactions of the Year

Fannie Mae announced on Thursday that it has completed two of its traditiional Credit Risk Transfer (CIRT) transactions of 2017. The transactions, CIRT 2017-1 and CIRT 2017-2, cover $20.4 billion in existing loans in the company’s portfolio. Fannie Mae has acquired nearly $4 billion of insurance on a little under $160 billion of loans through […]

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Fannie And Freddie: Recapitalization Now Seems To Be The Priority

By Parke Shall A new Reuters article out this morning makes it look to us as though recapitalization is now the primary objective for both Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC). Today we wanted to analyze this new piece of journalism as well as offer our independent analysis of why we believe owning preferred […]

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Wegmans may come to Fannie Mae redevelopment

Fannie Mae plans on leaving its current residence at 3900 Wisconsin Avenue next summer, so what should come to the site? The owners of the building, Roadside Development and Sekisui House, one of Japan’s largest developers, purchased the site for under $90 million last November and have since been collecting ideas. One particular idea is […]

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Fannie Mae announces credit risk transfer on $20.4 billion in loans

Fannie Mae announced it completed the first two traditional Credit Insurance Risk Transfer transactions of 2017 covering existing loans in the company’s portfolio. The two deals, CIRT 2017-1 and CIRT 2017-2, became effective on Feb. 1 and cover $20.4 billion in loans. Fannie Mae announced the deals are part of an ongoing effort to reduce […]

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Fannie Mae Prices $1.03 Billion Multifamily DUS REMIC (FNA 2017-M3) Under Its GeMS Program

WASHINGTON, March 21, 2017 /PRNewswire/ — Fannie Mae (FNMA/OTC) priced its third Multifamily DUS® REMIC in 2017 totaling $1.03 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on March 16, 2017. “Investors had to contend with a snowstorm, a Fed rate hike, and their basketball brackets this week,” said Josh Seiff, […]

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