Does Fannie Mae support appraisers?

Does Fannie Mae support appraisers?

Here comes Collateral Underwriter

Higher fees proposed for FHA mortgages

MBA: This is far in excess of what the FHA needs

Royal Bank of Scotland pulls petty mortgage stunt

Here's why we shouldn't be surprised
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Items Tagged with 'Fannie Mae'

ARTICLES

FHFA changes Fannie and Freddie REO sales policy

Eases financial burden to homebuyers
Brena Swanson
The Federal Housing Finance Agency updated one of its policies relating to the sale of real estate owned properties. It’s not really a huge market change, but it is worth a mention.
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Does Fannie Mae support appraisers?

Here comes Collateral Underwriter
Anthony Roveda
They kind of do as long as they can use an appraisers’ analysis and opinions in a platform to punitively rate their work against the work of their peers. But what happens when the appraiser doesn't score well enough?
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FHFA announces conforming loan limits for 2015

Only 46 counties increase; remainder of U.S. is unchanged
Ben Lane
According to the FHFA, the areas that will see conforming loan limit increases include the Denver, Colorado metro area; the Boston, Massachusetts metro area; the Baltimore, Maryland metro area; the Nashville, Tennessee metro area and the Seattle, Washington area.
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Fannie Mae partners with Detroit to demolish foreclosed homes

GSE will sell vacant properties to Detroit Land Bank
Ben Lane
In what the parties are calling an “initial transaction,” Fannie announced that it will sell 44 foreclosed properties to the Detroit Land Bank Authority “for a nominal fee,” and contribute funds for the demolition of some of the properties.
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$4.8 billion portfolio of Fannie, Freddie MSRs hits market

Available from “a highly reputable mortgage banking company”
Ben Lane
"These offerings provide an excellent opportunity to finish off your year with the purchase of a substantial amount of extremely low interest rate, high quality MSRs from a highly reputable mortgage banking company," said Interactive Mortgage Advisors, which is acting as the exclusive broker for the seller.
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GSEs officially update representation and warranty policies

Analysts say impact of long-awaited changes may be minimal
Ben Lane
Fannie Mae and Freddie Mac both announced changes to their respective representation and warranty policies, following through on an announcement made by Federal Housing Finance Agency Director Mel Watt at the Mortgage Bankers Association Annual Convention & Expo in October.
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[CHART] FHFA: G-fees more than double in 4 years

Chronological changes in g-fees
Brena Swanson
The Federal Housing Finance Agency’s sixth annual report on the single-family guarantee fees charged by Fannie Mae and Freddie Mac included data from 2009 to 2013, showing just how intensely g-fees have increased in four years.
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Fannie Mae: Don't expect 2015 to be a breakout year for housing

New year will likely mirror 2014
Brena Swanson
“The housing market continues to grind its way upward, but we don’t expect a breakout performance in 2015 as the fundamentals remain somewhat muted,” said Fannie Mae Chief Economist Doug Duncan.
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Genworth: G-fee increases to hurt mortgage lending

53% say increases will result in fewer loans
Brena Swanson
The Federal Housing Finance Agency announced in June that it was seeking industry opinion on Fannie Mae and Freddie Mac guarantee fees, and while the results of this have not been revealed, a new survey of mortgage bankers gives a preview into what lenders expect to happen with increases.
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Fannie Mae’s latest risk-sharing deal prices wide

Bond backed by $53.8 billion in unpaid principal balance
Ben Lane
Fannie Mae announced that it priced its fourth, and final, risk-sharing bond deal of the year under its Connecticut Avenue Securities label, Connecticut Avenue Securities 2014-C04, which carried a total unpaid principal balance of $53.8 billion. The deal priced wide compared to Fannie’s last Connecticut Avenue offering.
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