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Fannie Updates Foreclosure Time Frames

April 11, 2025
Dennis Hollier
The time frames for servicers to complete routine foreclosures will expand in 17 states and shorten in four others.
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Fannie Simplifies Condo Lending Process

April 11, 2025
Dennis Hollier
The integration of Condo Project Manager into Desktop Underwriter should allow lenders to quickly determine if a condo project is eligible for Fannie-backed mortgages.
Read More

GSE Roundup

April 11, 2025
Dennis Hollier
Personnel moves at GSEs; Pulte warns lenders; GSE capital markets update; new reports from FHFA’s OIG.
Read More

Home Prices Cool as More Inventory Hits the Market

April 11, 2025
James Dohnert
An increase in housing supply has helped increase options for buyers, limiting home price appreciation.
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Fannie Touts AI Tool for Quality Control

April 11, 2025
Dennis Hollier
Fannie’s AI-powered Ask Poli allows quality control personnel to identify frequently researched topics, both within and outside their organization, as a way to forecast current or future loan defects.
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Unexpected Movements in Treasury Rate With Tariffs

April 10, 2025
Paul Muolo
In the Trump economy, predicting which way rates might go in the wake of a stock market swoon is more difficult than usual. As for MBS spreads narrowing, don’t bet on it anytime soon.
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Demand for Non-Agency Mortgages Softens Amid Volatility

April 10, 2025
Brandon Ivey
Few issuers tried to price non-agency MBS in the days following President Trump’s tariff announcement last week. An expanded-credit MBS from Annaly priced at the widest spreads seen in more than a year.
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Court Sides With Ginnie in Texas Capital Bank Lawsuit

April 10, 2025
Emmeline Willey
Ginnie Mae emerged victorious in a lawsuit brought by Texas Capital Bank over an extinguished lien on collateral for Reverse Mortgage Funding’s home equity conversion mortgages. TCB plans to appeal the ruling.
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Smaller Texas Bank Completes Commercial Loan CRT

April 10, 2025
Brandon Ivey
Only a handful of banks with less than $25 billion in assets have completed CRT transactions.
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Rating the GSEs Post-Conservatorship

April 10, 2025
Dennis Hollier
S&P says the current AA+ rating enjoyed by the GSEs is a function of their government support. Because of their capital shortfalls, both GSEs have a B- standalone credit profile rating.
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