The new benchmarks for Fannie Mae and Freddie Mac reflect higher interest rates and the anticipated decline in the number of affordable units in the multifamily market.

The expanded definition will broaden the pool of parties that can provide funds or equity as part of a Freddie-backed mortgage transaction.

Investors tendered only 73% of the CAS notes Fannie was willing to buy back.

The combined entity would be public, allowing FAC’s investors to cash out.

For many homeowners, their current mortgage rate is too valuable (low) to give up...

Thrower, as the whistleblower plaintiff who brought the allegations to light, will receive roughly $11.5 million...

Banks and thrifts reported significant declines in loan origination volume and loan sales during the third quarter. Even their loan pipelines contracted drastically. (Includes two data charts.)

Wells Fargo and PNC Bank posted sharp declines in repurchases from the second quarter, though their year-to-date volumes were up from the first nine months of 2021. (Includes data chart.)

Will the last federally insured depository in wholesale lending please turn off the lights when it leaves? After buying MUFG Union, U.S. Bank is pulling the plug on Union Bank’s loan broker business.

Even repeat, more experienced buyers reported getting only one mortgage quote, according to a new Fannie Mae survey.