The government-sponsored enterprise has collaborated with state housing finance agencies to develop standardized loan documents to simplify the use of downpayment assistance programs.

Although the GSEs financed fewer affordable units in small multifamily properties, the number of affordable units in Fannie- and Freddie-financed high-rises and garden apartments spiked from 170,000 to 248,000.

This week, the GSEs began providing investors the Social Density Score and Social Criteria Share attributes for Supers and Megas.

The baseline conforming loan limit for 2024 will rise $40,350 to $766,550 on mortgages for one-unit properties.

Should lenders retain servicing duties or let a subservicer handle those responsibilities? Subservicers suggest they’re the best option.

Industry participants generally support the Federal Emergency Management Agency’s proposal to update its Federal Flood Risk Management Standard.

A growing share of older Americans are carrying mortgage debt well into their retirement years.

Fed researchers show that, when interest rates increase, refinances decline, but alternative forms of household borrowing increase proportionally. This borrowing substitution diminishes the value of refinances as a path for monetary policy.

Blend paid down a portion of a term loan and extended the loan; Capital City Bank faces material weakness in internal controls; Associated Bank adjusts portfolio lending strategy; First American fined for cybersecurity breach; MISMO launches eVault standards; new tech platform for brokers.

As the automotive ABS market sees record issuance, U.S. Bank has begun marketing a credit-risk transfer transaction backed by $2.46 billion in prime auto loans.