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Shift by FHFA Opens GSE Securitization Platform to Others

July 9, 2025
Dennis Hollier
Banks and private issuers will now be able to obtain a license from the renamed U.S. Fin Tech to issue GSE-grade securities (minus the GSE guarantee).
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Short Takes: FICO’s Reaction / Applications Increase / FHA Foreclosure Moratorium in Texas County / Fannie Selling NPLs / Still Retiring From PulteGroup

July 9, 2025
Dennis Hollier and Brandon Ivey
FICO's stock price took a hit after the FHFA announced that the GSEs will immediately accept VantageScore 4.0.
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Government-Insured Purchase Mortgages Outpace Competition

July 8, 2025
Brandon Ivey
FHA purchase-mortgage business in Ginnie Mae MBS hit $54.47 billion in the second quarter of 2025.
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Mortgage Locks Tick Up in June With Refi Push

July 8, 2025
Brandon Ivey
Locks were up 2.0% from May.
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Mega Nonbanks Dominate Second-Quarter GSE Loan Deliveries

July 7, 2025
Dennis Hollier
Large nonbanks accounted for 56.1% of GSE deliveries in 2Q25.
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Short Takes: Pulte Calls for Investigation of Powell / Fannie Removes Restrictions on Lender Incentives / Fairway Rebrands / Freddie Allows Buydowns for MH Loans

July 3, 2025
Brandon Ivey
Pulte is pointing to testimony from Powell regarding renovations at the Fed’s headquarters.
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FHFA Positions CSS to Sell GSE MBS Tech to Others

June 27, 2025
Dennis Hollier
FHFA created U.S. Financial Technology, a company that will take over Common Securitization Solutions.
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FHFA Directs GSEs to Propose Allowing Cryptocurrency in Borrower Reserves

June 26, 2025
Dennis Hollier
FHFA's director ordered Fannie and Freddie to develop proposals for including cryptocurrency in borrower reserves when underwriting mortgages.
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GSE Officials Detail Reforms to Appraisal Data, Forms

June 26, 2025
Dennis Hollier
The redesigned UAD 3.6 standard expands coverage to all property types.
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Short Takes: Sales of New Homes Slow / HUD Headquarters to Move / Pulte and Crypto

June 26, 2025
Brandon Ivey and Dennis Hollier
Sales of new single-family homes declined by 13.7% on a monthly basis in May.
Read More
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