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Agency Market Continues to Crumble in Third Quarter

October 6, 2022
John Bancroft
Fannie, Freddie and Ginnie saw a modest 4% increase in purchase-mortgage business during the third quarter, not nearly enough to offset the ongoing collapse in refinance activity. (Includes two data charts.)
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Late Court Rulings Set Stage for Fairholme Trial

October 6, 2022
Dennis Hollier
In what is likely to be the last legal wranglings in Fairholme v. FHFA before its long-awaited jury trial begins, Judge Lamberth dealt Fannie/Freddie shareholders a modest defeat.
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Appraisers: Fannie Complaints to State Regulators Unwarranted

September 29, 2022
Dennis Hollier
Appraisal professionals accused the GSE of using unsigned, boilerplate complaints when referring appraisers to state boards for disciplinary action.
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White House Seeks Input on Housing Crisis

September 29, 2022
Dennis Hollier
The private pow-wow revealed broad agreement between government, industry and advocacy groups on how to deal with the nation’s affordable housing shortage.
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GSE Shareholders to Make Last Stand Against FHFA

September 15, 2022
Dennis Hollier
Treasury and FHFA motions for dismissal could be the last gasp in the most prominent shareholder lawsuit challenging the net worth sweep.
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Quality Control Calibrations to Start at Fannie Next Month

September 8, 2022
Dennis Hollier
The mortgage giant will assess lender quality control by comparing the defect rates reported by lenders with its own data on the same loans.
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Analysts Eye New Eligibility Rules for Servicers

August 25, 2022
Dennis Hollier
Ginnie spreads over Treasuries have widened in the wake of the newly announced capital and liquidity requirements for nonbank servicers.
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Working in Tandem, Ginnie and FHFA Finalize Eligibility Standards

August 18, 2022
Paul Muolo and Dennis Hollier
Agency seller/servicers have a new set of net worth requirements to adhere to. The good news: The final language is close to what was originally proposed.
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FHFA Tweaks GSEs’ Goals for Multifamily in 2023-24

August 18, 2022
Dennis Hollier
The GSEs will now focus on the percentage of multifamily units that meet affordability standards rather than the actual number.
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Equifax Credit Score Snafu May Have Had Wider Impact

August 18, 2022
Dennis Hollier
A plaintiff in a class-action lawsuit claims the Equifax credit score glitch cost her more on auto loan payments.
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