In an effort to reduce closing costs for low-income and first-time homebuyers, Freddie will now allow lenders to replace title insurance with attorney opinion letters in all but one state.

Fannie Mae and Freddie Mac take a step toward addressing the racial and ethnic gap in intergenerational wealth.

A new rule from FHFA has enshrined fair lending requirements of the GSEs, including the treatment of their equitable housing finance plans.

Agency securitizations of correspondent loans were sharply down in the first quarter of 2024 as volume dropped across the board. Refinances made a surprising surge, while credit quality remained unchanged. (Includes two data tables.)

Philadelphia-based Republic Bank focused its mortgage production on jumbos with below-market rates. The bank also held agency MBS that lost value as interest rates increased.

As home affordability remains elusive, the housing industry is raising the profile of assumable loans.

Speakers at a recent Women in Housing and Finance conference detailed how their companies have incorporated AI and the positive results from the tool.

The Federal Open Market Committee this week announced lower caps for Treasury runoff and a tweak to its MBS activity.

Profits at Fannie Mae and Freddie Mac weathered a steady decline in mortgage purchases and shrinking mortgage holdings. (Includes data table.)

Peter Norden, CEO of Homebridge Financial, is transforming his once top-40-ranked GSE lender into a HELOC originator and securitizer. Margins in conventional lending, he said, are non-existent.