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Willy Walker, Walker & Dunlop chairman and CEO, joins CNBC's 'Squawk on the Street' to discuss the potential impact of privatizing Freddie Mac and Fannie Mae on the housing sector.
WASHINGTON , April 1, 2025 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced the results of its thirty-fourth reperforming loan sale transaction. The transaction, announced on March 4, 2025, included the sale of 3,130 loans totaling $558,713,266 in unpaid principal balance (UPB), offered in one pool.
WASHINGTON , March 28, 2025 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA) February 2025 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, and serious delinquency rates.
Existing Home Sales Forecast Upgraded Slightly on Lower Rate Outlook WASHINGTON , March 28, 2025 /PRNewswire/ -- 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 (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The lower mortgage rate outlook resulted in a small upward revision to the ESR Group's existing home sales outlook in 2025, though expectations for total home sales remain subdued.
Fannie Mae FNMA+1.30% and Freddie Mac FMCC+0.84%shares have rallied on hopes of a conservatorship-free future as questions remain about its government backing. Without it, home values won't slide, and the economy won't suffer, one analyst writes.
NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided a total of $15.4 million in Fannie Mae Delegated Underwriting & Servicing (DUS®) financing to refinance two properties with 253 units total in Wisconsin and Illinois. The financing was originated by Greystone's Kyle Jemtrud, Managing Director, and Wilson Molitor, Director.
"There are no plans to do anything as it relates to the conforming loan limit," said Bill Pulte, FHFA director. It now stands at $806,500, an increase of $39,950 (or 5.2%) from 2024.
Last month, new Treasury Secretary Scott Bessent said that the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) could get released from government conservatorship if doing so doesn't push up mortgage rates.
FORT MILL, S.C.--(BUSINESS WIRE)--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™ (STAR™) Performer award in both the General Servicing and Solution Delivery categories. This is the second consecutive year that ServiceMac earned the STAR award in the General Servicing category. Fannie Mae's STAR Program recognizes high-performing mortgage.
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.