Short Takes: New LLPA Changes From the GSEs / For Example… / A Decline in This Charge / Former Freddie Exec Promoted January 19, 2023 Paul Muolo The FHFA said Fannie and Freddie are reducing the upfront fee for comingled securities to 9.375 bps.Read More
GSE Loan Purchases Head South, 4Q Volume at Just $159 Billion January 10, 2023 Dennis Hollier Among nonbanks, the larger shops saw their slice of the pie grow by two percentage points.Read More
A New Reality for GSE Loans: Better FICOs, Lower LTVS January 9, 2023 Andras Malatinszky Notable: Roughly 9.9% of all purchase loans were in the under-60% LTV range, a 289-bps increase since the first quarter.Read More
Fannie and Freddie Weigh In on Florida Property Insurance Mess December 20, 2022 Dennis Hollier The Temporary Market Stabilization Agreement is intended to bolster Florida’s property insurance system, but has created widespread confusion...Read More
Second-Level MBS Issuance Tracks 3Q22 Market Slump December 20, 2022 John Bancroft New rules from the FHFA require Fannie and Freddie to hold more capital for commingled Supers...Read More
GSE Seller-Servicers See Mortgage Buybacks Spike YOY December 19, 2022 John Bancroft The worst of all time (WOAT) was 2007, from which sellers repurchased 7.40% of GSE issuance.Read More
Fannie and Freddie On Board With More Streamlined Refis December 14, 2022 Dennis Hollier Freddie believes the change would be especially appropriate for refis that benefit consumers in a concrete way...Read More
Fannie, Freddie Deliveries Continue to Slide in November December 6, 2022 Dennis Hollier In the fourth quarter of 2020, the GSE market share peaked at 64.0%.Read More
Brokers Push for Removal of GSE Cash-Out Fee December 5, 2022 Dennis Hollier NAMB also believes the timing of the increase is poor...Read More
New GSE LLPA Rules Kick In Next Month November 22, 2022 Dennis Hollier The fee reductions were supposed to go into effect as soon as possible...Read More
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