Fannie Mae names new head of single family and acting general counsel
Fannie Mae has promoted Jake Williamson and Tom Klein to lead its single-family business and general counsel’s office, respectively.
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Fannie Mae names Peter Akwaboah as acting CEO
Fannie Mae appoints Peter Akwaboah as acting CEO, marking a significant leadership change as current CEO Priscilla Almodovar departs.
Fannie and Freddie waive some loan requirements amid shutdown
Government agencies and enterprises issued guidance on Wednesday for mortgage operations and servicing during the current government shutdown.
Commerce Secretary Lutnick says Fannie, Freddie IPO ‘could well be this year’
Lutnick appeared on CNBC to offer comments about the plans and said the offering “could potentially be the largest IPO in history.”
Fannie Mae: Consumer housing sentiment slips in August
More positive outlooks for mortgage rates and homebuying conditions were not enough to offset declines in seller sentiment, home-price expectations, household income growth and job security.
Top 5 IMB priorities for GSEs in a post-conservatorship world
Given the Trump administration’s goal of releasing the GSEs from conservatorship, the CHLA outlines five key priorities for IMBs.
Tech Pulse: Smart home tools for seniors; AI marketing for agents
With seniors now outnumbering children in many U.S. states, demand is growing for aging-in-place technology.
FHFA clears Rocket’s $9.4B acquisition of Mr. Cooper, with safeguards
Despite clearing approval, FHFA underscores need to limit counterparty risk and preserve mortgage market stability.
WFG National Title added to Fannie Mae’s multifamily approval list
WFG provides escrow services and funding functions on behalf of its agents, a capability now required for Fannie Mae multifamily closings.
Ex-GSE risk chief makes case for Fannie-Freddie merger
Clifford Rossi, academic director of the Smith Enterprise Risk Consortium at the University of Maryland, pushes a merger as solution to avoid a race to the bottom.