New research shows, in some instances, lenders passed on to borrowers as much as 120% of the cost of the fee, which ended in July 2021.

The Federal Reserve published a hypothetical economic collapse for banks to use in their annual stress test this year. The same scenario might be used by FHFA for Fannie Mae and Freddie Mac.

Freddie has informed multifamily seller/servicers that it will treat all lawful permanent residents the same as citizens.

A Fannie survey highlights how sentiments have changed among condo lenders after Fannie Mae and Freddie Mac imposed new restrictions in the wake of the Surfside tower collapse in 2021.

Deliveries to the GSEs in January dropped to their lowest level since February 2023, with both purchase and refi volume down. (Includes two data tables.)

Freddie Mac’s new $2,500 credit for buyers earning less than 50% of area median income closely resembles an initiative announced last month by Fannie Mae.

Although Fannie Mae’s NPL sales are down, Freddie Mac’s near exit from the market accounts for most of the decline in sales in 2023.

Fannie churns out a CRT transaction and an NPL sale, its first real capital markets activity since November.

The enterprise’s seller engagement efforts get a boost, with a familiar face taking over in the east and fresh eyes in the west.

Condo loans continue to receive added scrutiny at the government-sponsored enterprises.