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Freddie Streamlines Originations of Condo Loans

December 7, 2023
Dennis Hollier
Condo Project Advisor enhancements will allow lenders to determine whether a loan for a unit in a project is eligible for acquisition by Freddie within minutes.
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Nonbank Lender Stocks Non-Agency MBS With GSE-Eligible Loans

December 7, 2023
Brandon Ivey
The $576.2 million non-agency MBS is the first from CalCon Mutual Mortgage.
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Little Use of Title Insurance Alternative

December 5, 2023
Brandon Ivey
In 2022, Fannie Mae reported that it purchased just 45 of loans with attorney opinion letters.
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Short Takes: Steady Margins / Older Millennials Struggle / Standardization for HFA Forms / Large Donation From MacKenzie Scott

December 5, 2023
Brandon Ivey
PennyMac's margins in the fourth quarter are at levels similar to those seen in the third quarter.
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GSE Loan Limits to Increase 5.6% in 2024

November 28, 2023
Brandon Ivey
The baseline conforming loan limit for one-unit properties will be $766,550 in 2024.
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FHFA Formally Reduces Fee on Commingled Securities

November 22, 2023
Dennis Hollier
Several commenters argued that any capital requirement on commingled securities might interfere with the fungibility of the uniform mortgage-backed security.
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Fannie CEO to Take On President Role as Well

November 15, 2023
Dennis Hollier
Fannie President David Benson and Chief Administrative Officer Jeffery Hayward announce their retirements.
Read More

Short Takes: Applications Increase / GSE Multifamily Cap Declines / FHA Property Inspection Fees / Fannie Offers CRT

November 15, 2023
Brandon Ivey
Mortgage applications were up 2.8% on a weekly basis while interest rates stayed put.
Read More

Retail Channel Gains Share in Agency Market in 3Q

November 14, 2023
Andras Malatinszky
The retail channel boosted its share of agency MBS business by 112 basis points to 48.9% in the third quarter.
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GSE MBS Issuance Continues to Slide

November 13, 2023
Dennis Hollier
In the first 10 months of 2023, the GSEs’ combined refi production came to just $67.79 billion...
Read More
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