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GSEs, FHLBanks Partner to Boost Housing in Tribal Lands

November 22, 2024
Dennis Hollier
Two new partnerships were announced this month that will help assist with housing access on tribal lands.
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Short Takes: Existing Home Sales Rise / Bilt Launches New Program / HomeLight Partners With Orchard / Correction

November 22, 2024
Shannon Clark
Although existing home sales rose in October, the housing market is on track for its worst year in over a decade, according to Molly Boesel, principal economist at CoreLogic.
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Basel III, Other Rulemakings Paused Until Next Administration

November 21, 2024
Shannon Clark
The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.
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Correspondents Grow Agency Market Share in 3Q24

November 21, 2024
Andras Malatinszky
Correspondents gained 294 basis points of share in the third quarter, taking from both retail and brokers.
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Fed Examiners Find Multiple RESPA Escrow Account Violations

November 21, 2024
Shannon Clark
Bank noncompliance with RESPA remained a top issue for the Fed in 2023.
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GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong

November 21, 2024
Dennis Hollier
Fannie issuance had a healthy sequential boost but year-over-year decline, while Freddie experienced the opposite.
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Short Takes: Rate Names New Reverse Leadership / Delinquencies Continue to Rise / Housing Competition Slows / Mortgage Lender Adopts AI Tool

November 21, 2024
Shannon Clark
Rate named two new reverse-mortgage veterans to lead its reverse division.
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HUD Reviewing Potential for FHA Pricing Adjustments

November 20, 2024
Monica Hogan
FHA Commissioner Julia Gordon suggested any cut in the mortgage insurance premium would likely wait for the next administration.
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Ginnie Loan Removals Hit Level Last Seen in 2022

November 20, 2024
Namrata Bhatia
Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.
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FHA Proposes Loosening Underwriting for In-Home Rental Income

November 20, 2024
Brandon Ivey
The rental income could account for up to 30% of the total income the loan applicant uses to qualify for an FHA mortgage.
Read More
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Latest Imf News

  • GSEs Increase Issuance of Specified Pools in Second Quarter

  • Garg Out as Better’s CEO; Another Loss for Nonbank in 2Q

  • FHFA Faces Some Pushback on Duty-to-Serve Proposal

  • Angel Oak REIT Returns to Profitability in Second Quarter

More Imf News

Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

  • Consumer Debt Drives New ABS to Record High in 2Q

  • Primary MI Volume, Characteristics Stable in Second Quarter

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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