Short Takes: Wells Fargo Closes Another Consent Order / MISMO Launches AVM Confidence Score Standard / Pending Home Sales Fall / Millennials Show Increased Homebuying Interest May 30, 2025 Shannon Clark Wells Fargo has one remaining 2018 consent order with the Federal Reserve Board.Read More
More Questions Than Answers on GSE Reform Plans May 29, 2025 Brandon Ivey FHFA Director Bill Pulte deferred to President Trump when asked if FHFA plans to revise capital requirements for Fannie Mae and Freddie Mac.Read More
Profits at Federal Home Loan Banks Decline in First Quarter May 29, 2025 Dennis Hollier Among the top 10 FHLB borrowers, only one added to its tally of outstanding advances in the first quarter.Read More
CHLA Calls for GSEs to Establish Credit Score Alternative May 29, 2025 Brandon Ivey CHLA said FHFA could direct the GSEs to establish subsidiaries to evaluate the creditworthiness of borrowers.Read More
Agency MBS Investors: Do No Harm With GSE Reform May 29, 2025 Brandon Ivey “There are lots of risks to the downside if this is not done in a deliberate way,” said Libby Cantrill, a managing director and head of public policy at PIMCO.Read More
Short Takes: UWM Offering FHA, VA ARMs / Provident Sending GSE-Eligible Mortgages to Non-Agency MBS / Chase Revives Higher-LTV-Ratio Jumbo MBS Shelf / Few Homebuyers May 29, 2025 Brandon Ivey ARMs accounted for less than 1% of total FHA originations in 2024.Read More
Trump Hints at Post-Conservatorship Structure of GSEs May 28, 2025 Dennis Hollier In a Tuesday social media post, the president conflated the concepts of an implicit guarantee and an explicit guarantee for the GSEs.Read More
Fannie Partners With Palantir to Check Multifamily Fraud May 28, 2025 Dennis Hollier Crime detection technology created by Palantir will be used to sniff out instances of mortgage fraud in Fannie's multifamily business.Read More
GSEs Increase CRT Activity in First Quarter May 28, 2025 Dennis Hollier The renewed interest in CRT was especially pronounced at Fannie, as the GSE avoided issuing Connecticut Avenue Securities in the fourth quarter.Read More
State Mortgage Regulators Adjust Following Federal Changes May 28, 2025 Shannon Clark With the Trump administration pulling back on regulation, state regulators are looking to fill the void.Read More