GSEs Gain Market Share in October Amid Refi Surge November 12, 2024 John Bancroft Fannie Mae had the biggest monthly gain in total production among the three agencies, which raised its share of agency MBS issuance in October two percentage points to 27.3%.Read More
Multifamily Loans Drive Up Commercial MBS Issuance November 7, 2024 John Bancroft Some $30.44 billion of multifamily loans went into commercial MBS issuance in the third quarter, a 46.1% increase from the second quarter.Read More
Big Swings Likely in Federal Housing Policy Under Trump November 6, 2024 Brandon Ivey A business-friendly CFPB, higher insurance premiums for FHA borrowers and an exit from conservatorship for the GSEs are all possibilities.Read More
GSEs Increase Mortgage Holdings in Third Quarter November 6, 2024 Dennis Hollier Fannie Mae and Freddie Mac had $182.3 billion in mortgage holdings (measuring mortgage-backed securities and loans) at the end of the third quarter.Read More
GSE-Eligible Loans for Investment Properties Go Non-Agency November 5, 2024 James Dohnert Non-agency MBS is offering better execution, in some instances, than the GSEs for investment-property mortgages.Read More
Short Takes: Interest Rates Cresting? / PennyMac Stocks Non-Agency MBS With Agency-Eligible Loans / Variety of Lenders With Loans in Angel Oak MBS / Steady Mortgage Profits at LendingTree November 1, 2024 Brandon Ivey Sam Khater, chief economist at Freddie Mac, suggested that interest rates on mortgages could level off soon.Read More
Falling Multifamily Values Ding Fannie Profits October 31, 2024 Dennis Hollier Despite steady revenues, profits sagged as Fannie provisioned for losses in its multifamily business.Read More
Provident Sending GSE-Eligible Mortgages Into Non-Agency MBS October 30, 2024 Brandon Ivey Nearly all of the loans in Provident’s MBS are for primary residences.Read More
FHFA Expands Freddie Repurchase Pilot; Makes Moves on Appraisals October 29, 2024 Dennis Hollier FHFA Deputy Director Naa Awaa Tagoe announced several policy changes impacting the GSEs.Read More
Short Takes: FHFA’s Thompson Misses MBA Annual / HPA Shifts Ahead of Loan-Limit Announcement / Income Declines at Rithm / FHA Appraisals Added to FHFA Disclosures October 29, 2024 Brandon Ivey FHFA Deputy Director Naa Awaa Tagoe filled in for agency Director Sandra Thompson at the MBA's annual convention.Read More