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G-Fee Hikes May Be Needed To Pay for Lost LLPA Revenue

November 7, 2022
Dennis Hollier
One analyst believes Fannie and Freddie will need to increase base g-fees by about 3 basis points...
Read More

Depositories Report Weakening Mortgage Banking Income

November 7, 2022
John Bancroft
JPMorgan Chase was the top earner among the group with $313 million in mortgage fees and related income...
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As Year Draws to a Close, MSR Bidders Get Pickier

November 7, 2022
Paul Muolo
It’s a combination of too much servicing supply and buyers that have already burned through their acquisition budgets...
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Mat Ishbia: UWM Chairman and CEO. And Maybe NFL Team Owner?

November 7, 2022
Paul Muolo
The Commanders are worth an estimated $5.6 billion...
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Racial Application Denial Gaps Not Due to Differential Treatment

November 7, 2022
Sam Manas
Observable underwriting factors explain most racial and ethnic disparities in mortgage application denial rates, a new Fed study finds.
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FHFA Goes Public With GSE Valuation Data

November 4, 2022
Dennis Hollier
FHFA is betting the formerly proprietary appraisal data of Fannie and Freddie can help reduce bias in the marketplace.
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G-Fee Hikes May be Needed to Replace LLPA Revenue

November 4, 2022
Dennis Hollier
By some estimates, the enterprises will have to increase guarantee fees by about 3 basis points to offset the lost revenue from FHFA's targeted elimination of LLPAs.
Read More

FHFA's Review of the FHLBanks Gets into Gear

November 4, 2022
Dennis Hollier
While the FHLBanks tout the utility of the system’s status quo, small independent mortgage bankers push a change that would give nonbanks access to FHLB credit without FHLB membership.
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Geographic Diversification Limits Impact of Ian on Fannie Mae

November 4, 2022
Dennis Hollier
None of Fannie's multifamily CRT transactions has an exposure to storm damage exceeding 1% of UPB.
Read More

Effective Prefunding Reviews Strengthen Quality Control

November 4, 2022
Dennis Hollier
Prefunding reviews allow the lender to identify defects while the loan is being manufactured, potentially avoiding costly repurchases.
Read More
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