On October 16, the SEC Division of Investment Management granted no-action relief in response to a request by Orrick on behalf of Redwood Trust. The Redwood request and the SEC staff response impact the way in which...more
10/25/2017
/ Division of Investment Management ,
Fannie Mae ,
FHFA ,
Freddie Mac ,
GSE ,
Investment ,
Investment Company Act of 1940 ,
Mortgage REITS ,
Mortgages ,
No-Action Letters ,
Real Estate Market ,
Securities and Exchange Commission (SEC) ,
Transfer of Interest
On October 16, the SEC Division of Investment Management granted no-action relief in response to a request by Orrick on behalf of Redwood Trust. The Redwood request and the SEC staff response impact the way in which...more
10/23/2017
/ Division of Investment Management ,
Fannie Mae ,
FHFA ,
Freddie Mac ,
GSE ,
Investment ,
Investment Company Act of 1940 ,
Mortgage REITS ,
Mortgages ,
No-Action Letters ,
Real Estate Market ,
Securities and Exchange Commission (SEC) ,
Transfer of Interest
On December 13, 2016, the Federal Housing Finance Agency (FHFA) issued a final rule implementing the Duty to Serve provisions mandated by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended...more
On May 4, 2016, the Federal Housing Finance Agency announced that it increased its 2016 multifamily lending caps for Fannie Mae and Freddie Mac from $31 billion to $35 billion. The increase is based on growing estimates of...more
On February 2, the Federal Housing Finance Agency (the “FHFA”) announced that Fannie Mae and Freddie Mac have implemented an independent dispute resolution process for resolving repurchase disputes. The process would allow...more
On May 15, the FHFA released an update on the structure of the Single Security, a project involving the development of a single mortgage-backed security that would be issued by Fannie Mae or Freddie Mac. The update contains...more
On May 20, the FHFA announced that Fannie Mae and Freddie Mac are issuing new finalized operational and financial eligibility requirements for mortgage seller/servicers. The updated requirements will be communicated through...more