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Freddie's Profits Increase Thanks to Home Price Gains

August 2, 2023
Dennis Hollier
Higher home prices allowed the enterprise to shift from a $395 million provision for credit losses in the first quarter to a $537 million benefit in the second.
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Home Price Growth Buoys Fannie Earnings

August 1, 2023
Dennis Hollier
The mortgage giant saw a $132 million first-quarter provision for losses shift to a $1.22 billion benefit in the second.
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Agency Delinquencies Increase in Second Quarter

July 27, 2023
Brandon Ivey
The total delinquency rate on agency MBS hit 2.60% at the end of June.
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Large GSE Servicers Gain Share in Second Quarter

July 26, 2023
Dennis Hollier
The 25 largest GSE servicers handled 73.7% of the servicing volume as of the end of June, up from a 72.9% share at the end of March.
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FHFA to Court: Statements by Former Directors Irrelevant

July 25, 2023
Dennis Hollier
Plaintiffs in Berkley Insurance v. FHFA want to include comments and congressional testimony from former FHFA Directors Mel Watt and Mark Calabria.
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Lenders Can Limit Employee Access to Fannie Tech

July 24, 2023
Dennis Hollier
The feature was first rolled out in May...
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Agency Servicing Grows in Second Quarter With Boost at Ginnie

July 21, 2023
John Bancroft
Ginnie Mae's single-family outstanding was up 2.2% in the second quarter while the GSEs posted a 0.3% increase in servicing compared with the end of March..
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Urban Institute Calls for an End to Lender DPA Ban on FHA Loans

July 21, 2023
Monica Hogan
Ted Tozer, Urban Institute non-resident fellow, argues that policymakers should update the FHA Modernization Act so lenders are no longer banned from providing downpayment assistance to FHA borrowers.
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Agency MBS Issuance Increases After Nine Quarterly Declines

July 14, 2023
John Bancroft
The GSEs outpaced Ginnie in terms of growth in MBS issuance in the second quarter.
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FHFA Expands Disclosures in Appraisal Data

July 13, 2023
Dennis Hollier
The disclosures include a new field denoting the largest race or ethnic group in a tract.
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