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Short Takes: Little Sympathy for Banks / $301 Million From GSEs for Affordable Housing / Home Price Appreciation Projection / Newrez Partners on Home Sales

February 29, 2024
Brandon Ivey
Mat Ishbia, chairman and CEO of United Wholesale Mortgage, suggested that competition from nonbanks is helping to push banks out of the mortgage market.
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GSE Conservatorship Not Expected to End Anytime Soon

February 27, 2024
James Dohnert
Despite underlying issues with the mortgage market, the FHFA's conservatorship over Fannie Mae and Freddie Mac looks unlikely to end.
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Short Takes: Treasury Focusing on Property Insurance Costs / Chase Stocks MBS With HELOCs From Nonbanks / Great Ajax Turns to Rithm / KBW Sees Upside in GSE Stock

February 27, 2024
Brandon Ivey
The roundtable hosted by the Treasury focused on how the increased risks from climate change are affecting insurance markets.
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GSE Servicers Face New Requirements on Property Insurance

February 26, 2024
Dennis Hollier
The GSEs are looking to ensure servicers have policies and procedures in place that require borrowers continuously maintain property insurance.
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Average Credit Score for FHA Loans Up in 2023

February 22, 2024
Monica Hogan
The increase was driven by higher scores on purchase mortgages.
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FHA Finalizes ‘Payment Supplement’ Partial Claim Program

February 22, 2024
Monica Hogan
Servicers can begin offering the new option May 1, but must make it available by Jan. 1, 2025.
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MBA Asks VA to Align Property Requirements With GSEs

February 21, 2024
Monica Hogan
The MBA was part of a trade group coalition that called on the VA to align minimum property requirements with standards already established by the GSEs.
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Maxex Offers New Outlet for Agency-Eligible Loans

February 16, 2024
James Dohnert
Lenders can sell agency-eligible mortgages for investment properties and second homes on Maxex's platform.
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Deliveries to GSEs Down 8.4% in January

February 14, 2024
Dennis Hollier
Lenders delivered $41.06 billion of loans to Fannie Mae and Freddie Mac in January.
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Correspondent Channel Gains Share in Agency Market

February 13, 2024
Andras Malatinszky
The correspondent channel accounted for 37.0% of agency deliveries in the fourth quarter, up from a 34.6% share the previous quarter.
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Latest Imf News

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Featured Data

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Featured Reports

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