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Home » Topics » IMFnews » GSEs

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Lenders Advised to Take Steps to Avoid Buyback Requests

September 8, 2023
Sam Manas
“You’re going to tell them to pound sand? Well, they’re going to say, ‘Okay, well we’re going to suspend the agreement, we’re not going to take any more loans from you,’” said James Brody, a senior litigation partner at the law firm of Garris Horn.
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Short Takes: GSE Conservatorship Hits 15 Years / UWM Expands Credit Report Services / Affordability Constrained

September 7, 2023
Brandon Ivey
Investors in GSE stock are still pushing for Fannie and Freddie to exit conservatorship...
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Some Nuance in GSE Activity State-by-State

September 6, 2023
Dennis Hollier
Rocket Mortgage was the top GSE seller in the direct channels in 23 states in the first six months of 2023. United Wholesale Mortgage was the leader in 12 states.
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Ishbia: FHFA Will Have to Get Involved on GSE Buybacks

September 6, 2023
Brandon Ivey
“FHFA is going to have to step in again, because it’s becoming a big issue,” said Mat Ishbia, president and CEO of United Wholesale Mortgage.
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Former Ginnie Mae President Proposes Help for Nonbank Ginnie Issuers

September 1, 2023
Monica Hogan
Ted Tozer calls for Ginne Mae to use federally backed mortgages as collateral to guarantee short-term nonbank liabilities.
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RHS Suggests Manufactured Housing Program Revisions

August 31, 2023
James Dohnert
The U.S. Department of Agriculture’s Rural Housing Service is considering a new rule that would increase lending options for manufactured housing.
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Short Takes: Southern Bancorp Aims to Expand Retail Channel / Integro Bank Launches Mortgage Division / MBA’s Open Door Foundation Hits Milestone / CSS Hires New CTO

August 31, 2023
James Dohnert
Southern Bancorp adds new lending operations; Integro Bank launches mortgage division; MBA's Open Doors Foundation reaches new milestone; Common Securitization Solutions hires chief executive officer.
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GSE CRT Activity Jumps in Second Quarter

August 23, 2023
Dennis Hollier
The April-June period marked the second consecutive quarter in which Fannie Mae's CRT issuance exceeded Freddie Mac's, an unprecedented period of CRT dominance for Fannie.
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Differing Opinions on GSEs' Current Pricing Scheme

August 21, 2023
Dennis Hollier
In their commentary, NAR and UI focused much of their attention on the stiff capital requirements...
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Servicers, Government Agencies Respond to Maui Wildfires

August 18, 2023
Monica Hogan
According to early estimates by the office of Hawaii Gov. Josh Green, D, on the number of homes in Maui County that might have been impacted, 5,200 mortgages were owned by Freddie Mac, 9,800 by Fannie Mae and 2,400 by Ginnie Mae, including 1,300 FHA mortgages and 927 VA loans.
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