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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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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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