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Home » Topics » Inside The GSEs » Sales

Sales
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Banks Outpace Nonbanks in Sales to GSEs in 2Q

July 7, 2023
Dennis Hollier
Most GSE sellers increased production in the second quarter, though first-half deliveries were still off 60.9% from a year ago. (Includes two data charts.)
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Fannie Issues Income-Falsification Fraud Alert

July 7, 2023
Dennis Hollier
Northern California mortgage lenders are seeing numerous loan applications with falsified child support or spousal support income.
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FHFA Makes More Appraisal Data Available

July 7, 2023
Dennis Hollier
The inclusion of sales data on comparable properties and statistics on the racial and ethnic composition of neighborhoods should allow researchers to better identify incidents of appraisal bias.
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Fannie Adds Affordable Housing to DUS Disclose

July 7, 2023
Dennis Hollier
The new value denotes multifamily properties where the borrower sponsors affordable units in cost-burdened or very cost-burdened areas.
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House Passes Bill Reversing FHFA Changes to Pricing

June 23, 2023
Dennis Hollier
All House Republicans and 14 House Democrats voted to undo FHFA’s revision of GSE loan-level pricing adjustments. The bill would also require future changes to the grids to follow risk-based pricing.
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Deliveries to Fannie, Freddie Increase in May

June 9, 2023
Dennis Hollier
All but one of the top 10 Fannie/Freddie lenders increased deliveries to the GSEs last month. Overall, the two government-sponsored enterprises securitized 22.3% more loans in May than in April.
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New Area Median Incomes Set to Go into Effect

June 9, 2023
Dennis Hollier
Implementation of the new AMI limits took place this week in Loan Product Advisor and will take place next week in Desktop Underwriter.
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Nonbanks Increase Market Share as Volumes Drop

May 12, 2023
Dennis Hollier
The only lender type that saw an increase in GSE-related production in the first quarter was housing finance agencies. Meanwhile, deliveries to the GSEs ticked up in April. (Includes two data charts.)
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Updates to GSE Selling Guides

May 12, 2023
Dennis Hollier
Fannie and Freddie modified their policies to support lower-income borrowers by allowing greater use of downpayment assistance and equity-sharing programs.
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Deliveries to the GSEs Were Up in March; Down for the Quarter

April 14, 2023
Dennis Hollier
Nineteen of the top-100 GSE sellers saw quarterly volumes fall more than 80% year over year. United Wholesale Mortgage, however, managed to boost its deliveries. (Includes two data charts.)
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