Fannie Mae

FHFA: Final Rule Amending the Enterprise Regulatory Capital Framework Announced

Amendments to the capital framework for Fannie Mae and Freddie Mac refine the leverage buffer and risk-based capital treatment of Credit Risk Transfer The Federal Housing Finance Agency (FHFA) today published a final rule that amends the Enterprise Regulatory Capital Framework (ERCF) by refining the prescribed leverage buffer amount (leverage buffer) and risk-based capital treatment of retained…

FHFA: Updated Eligiblity Requirements for Enterprise Single-Family Seller/Servicers Re-Proposed

FHFA will collect industry feedback for 60 days Today, the Federal Housing Finance Agency (FHFA) re-proposed minimum financial eligibility requirements​ for Fannie Mae and Freddie Mac (the Enterprises) seller/servicers. This update will strengthen, and provide transparency and consistency of, required capital and liquidity for seller/servicers with different business models.​ “In an ongoing commitment to the safety…

FHFA: Input Requested on Strategic Plan for Fiscal Years 2022-2026

Public input to be received during 30-day period The Federal Housing Finance Agency (FHFA) today requests input on its Draft Strategic Plan, which outlines the Agency’s priorities for the coming years as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises). ​The Strategic Plan contains…

FHFA: Targeted Increases to Enterprise Pricing Framework Announced

Upfront Fee Adjustments for High Balance Loans and Second Home Loans to Take Effect April 1, 2022 Today, the Federal Housing Finance Agency (FHFA) announced targeted increases to Fannie Mae and Freddie Mac’s (the Enterprises) upfront fees for certain high balance loans and second home loans. High balance loans are mortgages originated in certain designated…

FHFA: 2022-2024 Single-Family and 2022 Multifamily Housing Goals for Fannie Mae and Freddie Mac Finalized

Today, the Federal Housing Finance Agency (FHFA) issued a final rule for Fannie Mae and Freddie Mac (the Enterprises) that establishes the benchmark levels for each of the single-family housing goals and subgoals for 2022 through 2024 and establishes the benchmark levels for the multifamily housing goals for 2022. The housing goals ensure that the Enterprises, through…

FHFA: Report on Enterprise Single-Family Guarantee Fees in 2020 Issued

The Federal Housing Finance Agency (FHFA) today issued its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises). Guarantee fees are intended to cover the credit risk and other costs that the Enterprises incur when they acquire single-family loans from lenders. These costs include projected credit losses from borrower defaults…

FHFA: Final 2020 Housing Goals Performance Determinations Announced

Today, the Federal Housing Finance Agency (FHFA) announced the final determinations for Enterprise performance on the 2020 housing goals.  During 2020, Fannie Mae met all of the single-family and multifamily housing goals. Freddie Mac met the single-family purchase goals for low-income families, very low-income families, and low-income areas, and all of the multifamily goals, but…

FHFA: Capital Planning Rule for Fannie Mae and Freddie Mac Proposed

Requirements in proposed rule represent another incremental step FHFA is taking to ensure safety and soundness at the Enterprises The Federal Housing Finance Agency (FHFA) today issued a proposed rule that would require Fannie Mae and Freddie Mac (the Enterprises) to develop, maintain, and submit annual capital plans to FHFA. This requirement helps protect taxpayers…

FHFA: Conforming Loan Limits for 2022 Announced

Baseline Conforming Loan Limit Will Increase to $647,200 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2022. In most of the U.S., the 2022 CLL for one-unit properties will be $647,200, an increase of $98,950 from…

FHFA: 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions Released

Today, the Federal Housing Finance Agency (FHFA) released the 2022 Scorecard for Fannie Mae, Freddie Mac (the Enterprises), and Common Securitization Solutions, LLC (CSS). The purpose of the 2022 Scorecard is to hold the Enterprises and CSS accountable for fulfilling their core mission requirements by promoting sustainable and equitable access to affordable housing and operating…