Posts Tagged mortgage


Fannie-Freddie Overhaul Is ‘Very Important’ Goal, Mnuchin Says

Treasury Secretary Steven Mnuchin said overhauling the mortgage-finance system is “very important” to President Donald Trump’s administration and that officials are working with congressional leaders and other regulators to figure out what to do with mortgage-finance giants Fannie Mae and Freddie Mac. “We are committed to working with the House and the Senate on having […]

Read More...

Morgan Stanley Treasurer Celeste Mellet Brown to Leave for Fannie …

Morgan Stanley Treasurer Celeste Mellet Brown is leaving after 17 years at the firm to become deputy chief financial officer at Fannie Mae, according to people familiar with the matter. Ms. Brown, who will be taking the new job in June, will succeeded by John Ryan, a finance executive who has worked over the years […]

Read More...

Fannie Mae And Freddie Mac -A Big New Bubble Brewing In Las …

Spring is in the air signaling the start of homebuying season. But here in Las Vegas, buyers “are aplenty,” 1st Realty Group owner Thomas Blanchard tells the Las Vegas Review Journal, but “we just don’t have the properties to sell them.” It hardly seems possible, not enough homes for sale. After all, squatting in bank-owned […]

Read More...

Fannie-Freddie Plan Would Create Utilities, Add Competitors

Fannie Mae and Freddie Mac would be turned into shareholder-owned utilities and face competition from new companies under a trade group’s mortgage-finance overhaul plan that could eventually require about $200 billion in private capital. The Mortgage Bankers Association proposal released Thursday calls for the U.S. government to remain involved in the housing market, putting its […]

Read More...

Morgan Stanley Treasurer Celeste Mellet Brown to Leave for Fannie Mae

Morgan Stanley Treasurer Celeste Mellet Brown is leaving after 17 years at the firm to become deputy chief financial officer at Fannie Mae, according to people familiar with the matter. Ms. Brown, who will be taking the new job in June, will succeeded by John Ryan, a finance executive who has worked over the years […]

Read More...

Fannie Mae: Meaningful economic growth appears unlikely in 2017 …

Fannie Mae held its economic growth forecast steady in April at 2% for the year, saying policy changes that could result in meaningful economic growth seem unlikely for this year, according to the company’s economic and strategic research group’s April 2017 Economic and Housing Outlook. The outlook explains that while confidence among consumers and in […]

Read More...

Fannie Mae Sees Faster Fed Rate Hikes

Fannie Mae has moved its projected timeline for further Federal Reserve price hikes forward by several months.  The company’s Economic Strategic Research (ESR) Group points to an increase in the Fed’s favored measure of inflation, the personal consumption expenditures (PCE) deflator, which increased by 0.1 percent in February, bringing it 2.1 percent higher than a […]

Read More...

Do Or Die Time For Freddie And Fannie Shareholders?

The government had asserted various privilege claims to keep confidential more than 11,000 FNMA (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) documents, arguing that the information in the emails, draft memos, and other documents would destabilize the economy. This secrecy was so unusual that the New York Times intervened with the Court of Federal Claims requesting documents’ […]

Read More...

Fannie Mae recognizes Associated Bank as STAR™ Performer for mortgage servicing excellence for fifth year

GREEN BAY, Wis., April 18, 2017 /PRNewswire/ — Associated Bank is recognized for the fifth year for its mortgage servicing performance as part of an assessment and recognition program sponsored by Fannie Mae, the leading source of residential mortgage credit in the U.S. secondary market. Fannie Mae recognized Associated for outstanding mortgage “general servicing” as part of […]

Read More...

Nationstar Receives Fannie Mae Top Servicer Recognition …

On Monday, Nationstar Mortgage announced that it received the Servicer Total Achievement and Rewards (STAR) performer recognition for overall performance from Fannie Mae. This is the third year in a row in which Nationstar has received the recognition. “This recognition belongs to our dedicated team members who are focused on giving our customers the best […]

Read More...