Stakeholders don’t anticipate the FHFA, with a new director nominated by President Trump, to move immediately to reduce the current benchmark loan limit...

Caliber’s loans are generally underwritten to a full documentation standard for income, assets and employment.

In 2017, MLO license growth was strong at 8.9 percent annualized, but not this year…

HERA allows exceptions for the maximum conforming loan limits for “high cost areas.”

Making sure the MBS issued by the two GSEs perform identically, within narrow limits, is key to convincing traders…

A huge chunk of the fall-off in Fannie/Freddie MBS holdings occurred at Wells Fargo, which reduced its investment in these securities by $7.31 billion.

The implication is that banks – which seems to have excess capacity on their balance sheets – could simply hold conventional loans in portfolio…

Cowen believes Mnuchin will survive the turbulence but notes the situation still poses a risk to Fannie Mae, Freddie Mac and the big banks…

In six weeks, Mel Watt will officially step down as director of the Federal Housing Finance Agency, a change that is ripe with ramifications for the secondary mortgage market, including speculation regarding lower loan limits for Fannie Mae and Freddie Mac.

A lot of pieces have fallen into place for the scheduled June 2019 launch of the single security in the to-be-announced market, but one that hasn’t is a greenlight from the organization that sets TBA rules: the Securities Industry and Financial Markets Association.