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Wall Street to FHFA Regarding IL/SH Caps: Thanks

June 18, 2021
Paul Muolo
When one (cash) window closes, another opens...
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Fannie Negotiating With Seller/Servicers on Investor-Loan Cap. Some Told 3% is the New Normal?

June 16, 2021
Paul Muolo and Dennis Hollier
A Fannie spokesman said the mortgage giant, at this time, is not instituting a specific broad based 6% cap but...
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Loan Repurchases Spike Higher in Bank Mortgage Bank Units

June 16, 2021
John Bancroft
Most of the jump in bank repurchases in early 2021 came from USAA Federal Saving Bank...
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GSE Business Tumbles in May as Refi Well Runs Dry

June 14, 2021
John Bancroft
Rate-term transactions, the bread-and-butter of the refi market, declined 33.6% in May. GSE purchases of cash-out refinances fell 18.1% from April.
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Anxious About Adhering to the Investor-Loan Cap, Freddie Trims Deliveries Even More

June 14, 2021
Paul Muolo
The lender bulletin was released last week and got little notice. It’s effective for mortgages with settlement dates on or after July 1, 2021.
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Former Trump Ax on GSEs Weighs In: Reform is Done, It's All About Capital

June 11, 2021
Dennis Hollier
Perhaps the lone Democrat in the Trump administration, Phillips believes the nation needs both Fannie and Freddie...
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Agencies Lag Behind in 1Q21 Jumbo Mortgage Lending

June 10, 2021
John Bancroft
All things equal, "agency" jumbo volume might be expected to grow when loan limits are raised.
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Denial Rates for FHA Loans Highest Among All Loan Types

June 9, 2021
Lisa Burden
Roughly 14.1% of borrowers who applied for an FHA-insured purchase loan were turned down last year, compared to 12.4% in 2019.
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The GSEs Attempt Clarity on QM Changes

June 4, 2021
Brandon Ivey
The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...
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Next Up for the Biden Administration: GSE Reform (Not Really)

June 3, 2021
Paul Muolo

Well, at least the White House is thinking about it...


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