Page 6 - September October 2018 Disruption Report Flip Book

TABLE OF CONTENTS
S EJ PA TN. U- AORCYT . 2 02 10 81 8
FANNIE MAE
FREDDIE MAC
Board of Directors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Fannie Mae promotes John Forlines to Chief Risk Officer . . . Fannie Mae EVP Brooks joins Coinbase as chief legal officer
Ten years of transformation at Freddie Mac . . . . . . . . . . . . . .
SUMMARY OF CONSOLIDATED STATEMENTS OF COMPRESHENSIVE INCOME . . . . . . . . . . . . . . . . . . . .
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. . .
. . . . . . .. .
FEDERAL HOME LOAN BANKS
53
Fannie and Freddie launch a mortgage translation clearinghouse
to help borrowers with English language barriers . . . . . . . . . . . . Will FICO’s new credit score model stimulate homeownership? . Rising rates and higher home prices are weakening the housing The changing world of real estate . . . . . . . . . . . . . . . . . . . . . . . . .
REAL ESTATE IS THE LARGEST ASSET CLASS IN U.S. . REAL ESTATE TECH MARKET MAP . . . . . . . . . . . . . . . . . . CONSUMER EXPERIENCE IS TERRIBLE . . . . . . . . . . . . . .
Fannie Mae launches its first CRT using a REMIC structure . . . .
Fannie Mae issues a $2 billion Secured Overnight Financing Rate transaction . . . . . . . . . . . . . . .44
Fannie Mae appoints Hugh Frater as its interim CEO . . . . . . . . . . Fannie Mae names Manuel “Manolo” Sánchez Rodríguez to the
. . . . . . . . . . . . . . . . . . . . . . . . .44
. . . . . . . . . . . . . . . . . . . . . . . . .45 . . . . . . . . . . . . . . . . . . . . . . . . .46 .........................46
48
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. . . . . . . . . . . . . . . . . . . . market . . . .
. . . . . . . . . . . . . . . .35 . . . . . . . . . . . . . . . .36 . . . . . . . . . . . . . . . .36 . . . . . . . . . . . . . . . .38 . . . . . . . . . . . . . . . . 38 . . . . . . . . . . . . . . . . 39 . . . . . . . . . . . . . . . . 40
44
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The GSEs cannot determine their destinies . . . . . . . . . . . . . .
Freddie Mac names David Brickman as interim CEO .......
Freddie Mac’s year-to-date STACR issuance reaches $6.3 billion
Freddie Mac announces its Mac Community Land Trust Mortgage. . . . . . . . . . . . . . . . . . . . . . . . . 51 Freddie Mac prices its final low LTV STACR transaction for 2018. . . . . . . . . . . . . . . . . . . . . . . . . .52
Equifax is working with Freddie Mac to integrate its income verification tool
with the GSE’s Loan Advisor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .52
FHFA proposes amendments to the FHLB System’s existing regulations
on housing goals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .53
The FHLBanks Office of Finance announce new CEO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .53
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