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
Large Nonbanks Grow GSE Servicing Share October 22, 2024 Dennis Hollier Large nonbanks grow their share of GSE MBS servicing but Chase still ranks number one in our rankings among servicers.Read More
Democrats Urge Regulators to Rein In FICO October 21, 2024 Dennis Hollier The Democrats calculate that the cost of a FICO score has increased by as much as 400% over the past two years.Read More
Meridian Capital to Exit the GSE Doghouse, But Restrained October 21, 2024 Dennis Hollier Fannie Mae instituted a similar suspension for the mega broker in April.Read More
Short Takes: The Big Dogs Report / A Tale of Two Rankings / The Power of Title Insurance / A New Hire at Mr. Cooper / Correction October 21, 2024 Paul Muolo and Dennis Hollier Fannie Mae recently introduced a pilot program that would waive the title insurance requirement on certain refis...Read More
Primary MI Volume Increases in Third Quarter October 18, 2024 Brandon Ivey The increase in the use of primary MI during the third quarter was sharpest in refinances.Read More
Core Products Remain the Focus at GSEs in 3Q October 17, 2024 James Dohnert Noncore products are loans in which the non-agency market competes with the GSEs.Read More
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