Freddie’s CRT Issuance Jumps in First Quarter May 15, 2024 Dennis Hollier The share of risk the government-sponsored enterprises is offering to investors is also on the rise.Read More
Fannie, Freddie Earnings Impacted by Interest Rates May 9, 2024 Dennis Hollier Fannie and Freddie are facing portfolio losses due to the mortgage market.Read More
Agency MBS Issuance Increases in April; Refis Down May 8, 2024 John Bancroft The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.Read More
Correspondent Channel Loses Share in Agency Market May 7, 2024 Andras Malatinszky The steepest drop took place at Freddie, while Ginnie securitizations were relatively unscathed.Read More
Lenders See Benefits in Freddie’s Plan for Seconds May 7, 2024 Dennis Hollier PennyMac Financial Services CEO David Spector said he’s “very supportive of the GSEs getting into second-lien origination.”Read More
FHFA, FHA Set New Standards for Reconsideration of Value May 2, 2024 Brandon Ivey FHFA and FHA issued new standards for reconsiderations of value.Read More
Short Takes: GSEs Revise Guides / Purchase-Mortgage Lending Increases at Zillow / Fairway Touts LO Recruits / Annaly Fast With MBS May 2, 2024 Brandon Ivey The GSEs established a formal definition for mortgages to first-generation homebuyers.Read More
Non-Interest MF Income Drives Freddie 1Q24 Profits May 1, 2024 Dennis Hollier Risk management activities in Freddie's multifamily business generate $1 billion in revenues in the first quarter, more than doubling its 4Q23 figures.Read More
Fannie Increases Profits Despite Decline in Acquisitions April 30, 2024 Dennis Hollier Acquisitions may be the lowest they've been since the 3Q20, but accounting rules keep earnings on an even keel.Read More
FHFA Final Rule Codifies Equitable Housing Finance Plans April 30, 2024 Dennis Hollier FHFA turns the equitable housing finance plans of the GSEs and other agency-directed fair housing activities into regulations.Read More