Fannie Mae

• GSE Qualified Mortgage Limit Will Have Little Impact

  By David Morrison  |  May 15, 2013

  The bulk of credit union and CUSO mortgage programs will see minimal impact from Fannie Mae and Freddie Mac limiting the secondary market to only qualified mortgages, according to credit union and CUSO ­executives.

• New GSE Rules Could Limit CU Housing Finance to Lower Income, Exec Says

  By David Morrison  |  May 8, 2013

  Wright-Patt lending chief says unintended consequences could result from new CFPB rules put on Fannie and Freddie.

• GSE Change Seen Minimal for Credit Union Mortgage Lenders

  By David Morrison  |  May 7, 2013

  Not much impact seen from Fannie Mae, Freddie Mac decision to buy only qualified mortgages after Jan. 10, 2014.

• Fannie and Freddie to Reject Non-QM Mortgages Starting January 2014

  By Heather Anderson  |  May 6, 2013

  FHFA said the GSEs will generally not buy loans that don't meet the CFPB's new "ability to repay rule."

• 

  Possible Edward DeMarco Replacement at FHFA Has History With Credit Unions

  By David Morrison  |  April 15, 2013

  Media sources report that Mark Zandi, chief economist at Moody's Analytics, is a lead contender to replace DeMarco.

• More HARP: FHFA Gives Nod to Loan Mods Through 2015

  By David Morrison  |  April 11, 2013

  Refinancing program had been scheduled to end at the end of 2013. Now gets two more years.

• New Modification Program Will Be Required by FHFA

  By Heather Anderson  |  March 28, 2013

  Borrowers relieved of requirement to document hardship or financial situation.

• N.C. Rep. Watt Fuels FHFA Appointment Speculation

  By Heather Anderson  |  March 27, 2013

  During the March 19 House Financial Services hearing on the conservatorships of Fannie Mae and Freddie Mac, Rep. Mel Watt (D-N.C.) yielded back the majority of his allotted time due to “media speculation over the weekend.”

• Budget Amendment Would Stop the Funneling of G-Fees to Deficit

  By Heather Anderson  |  March 25, 2013

  NAFCU, CUNA join bankers, real estate lobby in supporting move to stop Fannie Mae, Freddie Mac fees going to pay off deficit.

• 

  Housing Collapse, GSEs Dominate House Financial Services April Agenda

  By Heather Anderson  |  March 22, 2013

  Commmittee Chair Hensarling reiterates aim to eliminate Fannie Mae, Freddie Mac as government-sponsored enterprises.