Jumbo MBS Issuance Slow as Banks Take in Loans May 31, 2022 Brandon Ivey Originators of jumbo mortgages saw better execution in whole loan deliveries in May rather than MBS issuance.Read More
Home Price Appreciation Remained Strong in March May 31, 2022 Brandon Ivey FHFA noted that higher mortgage rates had not yet translated into slower home price gains as of the end of March.Read More
Short Takes: New Multifamily VPs and Freddie / HPA Flat in San Francisco Area / RON Gets a Hearing May 31, 2022 Brandon Ivey Freddie said the promotions in its multifamily division reflect the GSE’s commitment to grow talent and provide stability and affordability to the market.Read More
Jumbo-Conforming Spread Reaches Near Record Levels May 27, 2022 Brandon Ivey Volatility in the secondary market has led to a 49-basis-point interest rate spread between jumbo and comparable conventional loans.Read More
Soaring Interest Rates Ding REIT-Held MBS May 27, 2022 John Bancroft REIT TBA investments down 22.6% as MBS values fall.Read More
Freddie Head of Single Family Stepping Down May 27, 2022 Dennis Hollier Donna Corley, one of the most influential women in housing finance, joins the exodus of senior executives leaving the GSEs.Read More
First Quarter Contraction Hits All Channels May 27, 2022 John Bancroft Per loan profitability plummets more than $3,000 year over year.Read More
FHFA to Require Extensive GSE Capital Disclosures May 27, 2022 Dennis Hollier The new rule may clear up some of the confusion surrounding how Fannie and Freddie calculate their capital requirements under the ERCF.Read More
Donna Corley Gives Freddie Notice May 26, 2022 Dennis Hollier The enterprise's head of singe-family and one of the most powerful women in housing finance says she's stepping down in November.Read More
MSR Share of Assets at Nonbanks Varies Widely May 26, 2022 Paul Muolo FHFA and Ginnie have grown uneasy with the fact that so many nonbanks have come to dominate the servicing business.Read More