Fannie Mae

Correspondent Lenders

The Federal National Mortgage Association, commonly known as Fannie Mae, is a government-sponsored enterprise (GSE) that was formed during the Great Depression as part of President Franklin D. Roosevelt’s New Deal. Its purpose is to expand the secondary mortgage market by securitizing mortgage loans in the form of mortgage-backed securities (MBS). In the wake of the 2008 financial crisis, the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac under the conservatorship of the federal government, where it remains today.

Originally founded in 1938, Fannie Mae is based in Washington, D.C.

Latest Fannie Mae News

Fannie Mae’s new version of DU to focus on credit risks

Nov 20, 2024By Chris Clow

A new version of Fannie Mae’s Desktop Underwriter arrives in January with a series of changes for evaluating credit risk from borrowers.

VantageScore unveils mortgage resources to ease the transition to 4.0 credit model

Nov 18, 2024By Kennedy Edgerton
FHFA to raise the 2025 multifamily loan caps for Fannie, Freddie by 4%

Nov 18, 2024By Chris Clow
Fannie and Freddie ‘met or exceeded’ almost all single-family housing goals over four years

Nov 14, 2024By Chris Clow
Fannie Mae releases updates on leasehold estates, manufactured homes, fraud prevention

Nov 08, 2024By Chris Clow
Fannie Mae adds homebuilding veteran Scott Stowell to its board of directors

Nov 07, 2024By Chris Clow
Trump’s presidency signals new regulatory era for mortgages

Nov 06, 2024By Flávia Furlan Nunes
Startup Novaprime debuts AI-powered loan platform to massively cut processing time

Oct 25, 2024By James Kleimann
One mortgage lender abandons the Florida condo market

Oct 18, 2024By James Kleimann
Mortgage rates could reach 5.7% next year, but will sellers give up their 3% rates?

Oct 17, 2024By James Kleimann

Fannie MaeContent

What’s new in QC and Compliance

Jun 11, 2024 9:43 amBy Trevor Gauthier

In a market where every dollar counts, quality control and compliance have never been more critical. Trevor Gauthier, CEO of ACES Quality Management, shares key updates on how lenders are managing loan quality and adapting to recent regulatory changes.