The credit-risk transfer programs at Fannie Mae and Freddie Mac suggest that the two government-sponsored enterprises are charging MBS guarantee fees that are somewhat higher than market ex-pectations, according to a new Federal Housing Finance Agency report.
Mick Mulvaney has been in charge of the CFPB all week and we’ve yet to hear one prediction that subprime mortgage lending will revive with a vengeance…
Jumbo mortgage production was up 9.6 percent in the third quarter, a slightly faster growth rate than the 8.8 percent increase in first-lien originations during that period, according to a new ranking and analysis by Inside Mortgage Finance.
The conforming loan limit for one-unit properties in 2018 will be $453,100, according to an an-nouncement this week by the Federal Housing Finance Agency. The limit for mortgages eligible to be delivered to the government-sponsored enterprises increased by 6.8 percent from the current limit.
As the calendar winds down on 2017, staffers for Sens. Robert Corker, R-TN, and Mark Warner, D-VA, are busy working on housing-finance reform legislation, showing their progress, thus far, to a small group of industry insiders, Inside Mortgage Finance has learned.
As press time, details were sketchy, but lobbyists who claim to have knowledge of the draft caution there are several “different pieces” to the measure...
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