Tag Archives: Fannie Mae

Fannie Mae Discontinuing CMT HECM Purchases

Fannie Mae, the reverse mortgage industry’s dominant investor, announced today that it will stop committing to buy home equity conversion mortgages priced off of the Constant Maturity Treasury index effective Sept. 1. “Fannie Mae’s decision to discontinue offering commitments to … Continue reading

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Fannie Mae Refinancing Volume Largest Since 2003

Fannie Mae’s (FNM: 0.70 +1.45%) refinancing volume jumped to $77 billion in March, nearly twice the refinancing volume it experienced during the month of February and its largest refinance month since 2003, the company said Tuesday. “The volumes we are … Continue reading

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