The net profit margin outlook for mortgage lenders hit a survey high, due primarily to strong mortgage demand expectations, particularly in the refinance space, according to Fannie Mae’s Q3 2019 Mortgage Lender Sentiment Survey®. “Lender profitability sentiment hit a survey high ...
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Read More »Technology Ventures, a provider of consulting services and staffing solutions, has won the first Fannie Mae Partnering for Excellence Award. Announced at the inaugural Partnering for Excellence Supplier Summit held May 1 at Fannie Mae’s Washington headquarters, the award recognizes the mortgage-financing company’s top-performing ...
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Read More »Fannie Mae has announced the selection of five innovative ideas to receive contract awards under the Sustainable Communities Innovation Challenge: Healthy Affordable Housing. The Challenge is an open competition seeking innovative ideas that aim to bring affordability and stability to underserved ...
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Read More »Fannie Mae (OTCQB: FNMA) today began marketing its twelfth sale of reperforming loans as part of the company’s ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 16,600 loans, having an unpaid principal ...
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Read More »Fannie Mae (OTCQB: FNMA), the largest provider of liquidity to the U.S. housing market, today announced that it has appointed Hugh R. Frater as Chief Executive Officer effective March 26. As CEO, Frater will set the overall enterprise vision and strategic direction of ...
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Read More »Fannie Mae (OTCQB: FNMA) today published its first Multifamily Green Bond Impact Report providing metrics on the projected financial, social, and environmental benefits from Fannie Mae Green Bonds for U.S. housing. From 2012 through year-end 2018, Fannie Mae issued $51.7 billion in Green mortgage ...
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Read More »Full-year real GDP growth is estimated to come in at 2.2 percent in 2019, unchanged from the prior forecast but down markedly from 2018’s 3.1 percent, according to the Fannie Mae Economic and Strategic Research (ESR) Group’s March outlook. The expected deceleration ...
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Read More »Fannie Mae has announced that Jonathan Plutzik succeeded Egbert L. J. Perry as Chair of Fannie Mae’s Board of Directors, effective December 12, 2018. Perry will step down on December 19, 2018, following his completion of ten years of service on the Board. “I am pleased ...
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Read More »The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased slightly in November, rising 0.5 points to 86.2. The increase can be attributed primarily to an increase in the net share of Americans who reported significantly higher income, which hit a new survey high ...
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Read More »Fannie Mae (OTCQB: FNMA) provided more than $65 billion in financing to support the multifamily market in 2018 with its Delegated Underwriting and Servicing (DUS®) program. Fannie Mae continued to serve as a key source of liquidity by attracting a diverse investor ...
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Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
