Fun fact: Close to 50% of mortgages in the deal received waivers from the GSEs for traditional appraisals.

Perl is looking to hire a chief financial officer...

The White House believes the appraisal situation is worsening...

Most of the downturn was in refinance activity, but GSE acquisitions of purchase-money mortgages also fell slightly last month.

The pipeline of unresolved buyback requests swelled to $876.0 million at the end of March, a 19.6% increase from the previous quarter.

Freddie Mac noted that, as of the fourth quarter of 2020, the U.S. had a housing supply deficit of 3.8 million units and that between 2018 and 2020, that deficit increased by an astounding 52%.

When one MBS window closes, another appears...

Looking at Freddie mortgages active as of January, researchers found that nearly 50% of Black homeowners would have saved at least $1,200 a year if they had refinanced while almost 20% would have saved at least double that amount.

Refinances are a rarity among manufactured housing loans, according to the study.