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Originations
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Short Takes: Fannie Expects Steady CRT Issuance / Housing Starts Increase / Home Sales Slower Than Expected / Moody’s Affirms Assessment of Mr. Cooper

December 19, 2024
Brandon Ivey
Fannie Mae projects that its issuance of credit risk transfer transactions in 2025 will be similar to issuance in 2024.
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CFPB Sets ATR Requirements for PACE Loans

December 18, 2024
Shannon Clark
The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.
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Short Takes: Senate Passes Trigger Leads Bill / Mixed Figures for Interest Rates / Ginnie’s Reliance on Contractors / Swings in CA Home Prices

December 18, 2024
Brandon Ivey
The Senate approved S. 3502, The Home Buyers Privacy Protection Act, on a unanimous vote.
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GSE Buybacks Drop in 3Q With Freddie Reporting Change

December 17, 2024
John Bancroft
Much of the decline was the result of a change in how Freddie Mac classifies loans subject to a repurchase claim for which the seller has provided a remedy.
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Short Takes: ‘No Meaningful Decline’ Expected for 10-Year / Confidential Report on Basel III / Demand Increases for Purchases of New Homes / Homesteading Proposal

December 17, 2024
Brandon Ivey
Fannie Mae economists forecast “no meaningful decline ” in the 10-year Treasury rate in 2025.
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CBO Details Potential Cost Savings From GSE Tweaks

December 13, 2024
Brandon Ivey
The Congressional Budget Office looked at eliminating the high-cost loan limit or extending an add-on to the guarantee fee charged by the GSEs.
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Short Takes: French Hill to Lead HFSC / FHA Offers Hurricane Relief to Lenders / Affordability Issues Persist / Negative Outlook for Statebridge / PHH Turns to Blend

December 13, 2024
Brandon Ivey
Rep. French Hill, R-AR, will lead the House Financial Services Committee next year.
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Homebuyer Demand Improves Following Election

December 12, 2024
Brandon Ivey
Potential homebuyers are done hibernating, according to Redfin.
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Short Takes: Waters to Remain Ranking Member of HFSC / Chopra Defends CFPB Actions / MCT to Pilot Use of FICO 10 T / HEL Tool From ICE

December 12, 2024
Brandon Ivey
The California Democrat vows to fight to maintain consumer protections.
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Trump’s Plans for Tariffs Introduce Uncertainty for Housing

December 11, 2024
Brandon Ivey
“A trade war would increase costs, including housing construction costs, and potentially affect employment, pressuring demand and mortgage performance,” according to Fitch Ratings.
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