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Mortgage Brokers Push for Removal of Cash-Out Fee

December 2, 2022
Dennis Hollier
Mortgage brokers argue homeowners shouldn't have to pay fees to fund governmental policy initiatives.
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District Court Tosses Collins v. Yellen (For Good?)

December 2, 2022
Dennis Hollier
A district court judge in Houston said the plaintiffs weren’t able to prove that they were harmed because President Trump was prevented from removing FHFA Director Mel Watt from office for two years.
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GSEs Set Stage for New Conforming Loan Limits

December 2, 2022
Dennis Hollier
As of Jan. 1, Fannie Mae and Freddie Mac will for the first time be able to purchase one-unit single-family loans worth more than $1 million.
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Fannie Releases Cohort-Level Social Data

December 2, 2022
Dennis Hollier
A new Fannie chartbook provides detailed cohort-level data on the socially oriented lending backed by the enterprise.
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Fannie Releases a Loan Defect Taxonomy for 2022

December 2, 2022
Dennis Hollier
A table comprised of 13 categories and dozens of subcategories itemizes all the ways a mortgage loan can go bad.
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Fannie Wraps Up CRT for the Year

December 2, 2022
Dennis Hollier
Fannie’s last CIRT transaction of 2022 covers $343 million in credit risk on $10.1 billion in single-family loans.
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Who Bought Angel Oak's Non-QM Loans? An Investor Based in Atlanta...

December 2, 2022
Paul Muolo
The loans sold for 83 cents on the dollar. Par is 100...
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REITs Report Small Gain in Residential MBS in 3Q

December 2, 2022
John Bancroft
Annaly remained the top REIT MBS holder with $81.88 billion at Sept. 30...
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Subservicing a Solid Option. However...

December 2, 2022
John Bancroft
“Now delinquencies are low,” said one executive, “but we think that in about two years it will be different.”
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Short Takes: Brokers Face the Layoff Ax Too / Wells Won’t Say / UWM’s Ishbia: Cut the FHA MIP Now / More Repo (Warehouse) Lines Reduced

December 2, 2022
Paul Muolo and Monica Hogan
A Wells spokesman would not provide specifics on the mortgage layoffs...
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