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Multifamily Loans Drive Up Commercial MBS Issuance

November 7, 2024
John Bancroft
Some $30.44 billion of multifamily loans went into commercial MBS issuance in the third quarter, a 46.1% increase from the second quarter.
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Big Swings Likely in Federal Housing Policy Under Trump

November 6, 2024
Brandon Ivey
A business-friendly CFPB, higher insurance premiums for FHA borrowers and an exit from conservatorship for the GSEs are all possibilities.
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GSEs Increase Mortgage Holdings in Third Quarter

November 6, 2024
Dennis Hollier
Fannie Mae and Freddie Mac had $182.3 billion in mortgage holdings (measuring mortgage-backed securities and loans) at the end of the third quarter.
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GSE-Eligible Loans for Investment Properties Go Non-Agency

November 5, 2024
James Dohnert
Non-agency MBS is offering better execution, in some instances, than the GSEs for investment-property mortgages.
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Short Takes: Interest Rates Cresting? / PennyMac Stocks Non-Agency MBS With Agency-Eligible Loans / Variety of Lenders With Loans in Angel Oak MBS / Steady Mortgage Profits at LendingTree

November 1, 2024
Brandon Ivey
Sam Khater, chief economist at Freddie Mac, suggested that interest rates on mortgages could level off soon.
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Falling Multifamily Values Ding Fannie Profits

October 31, 2024
Dennis Hollier
Despite steady revenues, profits sagged as Fannie provisioned for losses in its multifamily business.
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Provident Sending GSE-Eligible Mortgages Into Non-Agency MBS

October 30, 2024
Brandon Ivey
Nearly all of the loans in Provident’s MBS are for primary residences.
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FHFA Expands Freddie Repurchase Pilot; Makes Moves on Appraisals

October 29, 2024
Dennis Hollier
FHFA Deputy Director Naa Awaa Tagoe announced several policy changes impacting the GSEs.
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Short Takes: FHFA’s Thompson Misses MBA Annual / HPA Shifts Ahead of Loan-Limit Announcement / Income Declines at Rithm / FHA Appraisals Added to FHFA Disclosures

October 29, 2024
Brandon Ivey
FHFA Deputy Director Naa Awaa Tagoe filled in for agency Director Sandra Thompson at the MBA's annual convention.
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Large Nonbanks Grow GSE Servicing Share

October 22, 2024
Dennis Hollier
Large nonbanks grow their share of GSE MBS servicing but Chase still ranks number one in our rankings among servicers.
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