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Fannie Beats the Odds, Posts an Issuance Gain for January

February 12, 2024
John Bancroft
Some of Fannie’s lopsided growth may reflect that it took a bigger hit in December...
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GSE CRT Issuance Limited in 2023

February 7, 2024
Dennis Hollier
Issuance in 2022 was helped by lingering loans from the refinance wave while mortgage originations were down sharply in 2023.
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Anticipation Grows for End of GSE Conservatorship

February 7, 2024
Dennis Hollier
The price of preferred shares in Fannie Mae shot up to $4.57 a share in the wake of former President Trump’s victory in the Iowa caucuses.
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FHA, VA Considering Bi-Merge Credit Score Process

February 6, 2024
Monica Hogan
Leaders at FHA and VA haven't ruled out following the Federal Housing Finance Agency in a shift from a tri-merge score process to a bi-merge process.
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The GSEs Have Been Profitable Since 2012. Maybe It's Time to End the Conservatorships?

February 5, 2024
Dennis Hollier
One of these days a GSE CEO might rise up and legally challenge the conservatorships. But we're not there yet...
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FHA Share of MI Coverage Increases in 2023

February 1, 2024
Namrata Bhatia
FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.
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Large GSE Servicers Gain Share in Fourth Quarter

January 31, 2024
Dennis Hollier
The GSE servicing share among large independent mortgage banks went from 36.6% at the end of September 2023 to 36.9% at year-end.
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FHFA Directs GSEs to Explore Alignment on Reps, Warrants

January 31, 2024
Dennis Hollier
This year's scorecard includes more focus on the multifamily businesses of Fannie Mae and Freddie Mac.
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Expectations High for Freddie's (Performing) Loan Repurchase Pilot

January 29, 2024
Brandon Ivey
The industry is hopeful the repurchase-loan pilot will be expanded quickly...
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Lenders Derisk on GSE Loan Deliveries

January 29, 2024
Andras Malatinszky
The volume of loans with an LTV of 81% or above dropped by 18.5%.
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