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Fannie: Mortgage Lenders Expect Declining Profits

March 11, 2021
Dennis Hollier

In the first quarter, 52% of lenders said they believe their margins will decrease...


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Fannie Will Resecuritize RPLs with Principal Forbearance

March 9, 2021
Paul Muolo

Fannie was quick to point out that borrowers harmed by the pandemic receive temporary payment forbearance, which is different from principal forbearance.


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FHFA Cranks Up the Hiring Machine

March 8, 2021
Dennis Hollier

According to FHFA’s own performance and accountability reports, the number of employees at the agency grew from 609 in 2019 to 635 in 2020. More tellingly, FHFA has budgeted for an additional 113 employees in 2021.


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GSEs' 2020 Affordable Housing Allocation Tops $1 Billion

March 2, 2021
Dennis Hollier

Treasury, which administers the capital magnet fund, uses the money to provide competitive grants to community development financial institutions and nonprofit housing organizations.


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A Portion of GSE Loans Could Shift to Non-Agency Market

February 26, 2021
Brandon Ivey

The amended preferred stock purchase agreement between the FHFA and Treasury includes limitations on acquisitions of mortgages for investment properties, second homes and products with “high risk” characteristics...


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NAR: New Fannie Rules Endanger Resort Area Borrowers

February 25, 2021
Dennis Hollier

New clarifications in Fannie's selling guide may cause some second homes and investment properties to be miscategorized as short-term rentals.


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Exodus, The Movement of the GSE People

February 23, 2021
Dennis Hollier

The industry veteran joins a growing list of highly regarded members of GSE leadership who have recently decamped for greener pastures in private enterprise.


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A Spike in GSE Loan Buyback Requests

February 22, 2021
John Bancroft

There was another $728.4 million of unresolved buyback demands still pending at the end of the fourth quarter...


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An Issue That Won't Go Away: the GSE Cash-Window Cap

February 21, 2021
Dennis Hollier

Fannie said it’s still assessing the potential damage. Freddie hinted at the possible deleterious prospects...


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The Production Star of 4Q20: Conventional-Conforming

February 17, 2021
Lisa Burden

Quicken Loans was the top producer of conventional-conforming loans with an estimated $271.55 billion...


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