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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.
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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.
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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.
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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.
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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...
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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.
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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.
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Agency Servicing Tops $9.0 Trillion in Third Quarter

October 11, 2024
John Bancroft
Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.
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Mortgage Activity With MI Increases in Third Quarter

October 10, 2024
Namrata Bhatia
Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.
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GSE Business Increases in Third Quarter

October 9, 2024
Dennis Hollier
Five of the top 10 GSE sellers increased their volume by at least 20.0% in the third quarter.
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