The FHFA released its first strategic plan under the auspices of Director Bill Pulte. The plan reveals some differing priorities compared with the FHFA under the Biden administration.
HomeView 2.0, the updated version of Fannie’s proprietary homeownership education course, is now more accessible, mobile-friendly and has more intuitive navigation.
The delinquency rate on loans in Ginnie Mae MBS increased at a much faster pace than that on loans in GSE MBS, with the total delinquency rate for FHA mortgages hitting 10.90% at the end of September.
Loan originators using AI are seeing significant gains in productivity. Use cases range from non-consumer-facing activities to voice bots that interact with loan applicants.
When g-fees increase, lenders unable to pass the added cost through to all borrowers tend to ration credit by rejecting more loans and charging higher rates, according to new research.
Nonbank mortgage companies looking to survive a tough originations environment must double down on independence, form strategic alliances or cash out through mergers or acquisitions, according to Stratmor.
Trade groups representing smaller lenders called on the Trump administration to prompt the GSEs to increase their holdings of MBS as a way to reduce mortgage rates.