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Short Takes: MBA Expects Rate Cut / Homebuyers Waiting for 5% Rates / OCMBC Acquires HomeStar / Home Price Growth Expected to Decelerate

September 6, 2024
James Dohnert
A cooling job market is good news for the prospect of interest rate cuts.
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Fannie Mae Renews Lease on DC Headquarters, Nixes Plan to Move

August 29, 2024
Dennis Hollier
While the GSE said in January that it planned to move its headquarters five years ahead of schedule, it will now remain in the property, but only occupy about half as much space.
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Freddie Sharpens Guidelines for Self-Employed Borrowers

August 26, 2024
Dennis Hollier
Qualifying income can only be determined by choosing the lesser of the stable monthly income from the borrower’s new business or from their previous income.
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FHFA Proposes New Housing Goals for GSEs

August 23, 2024
Dennis Hollier
High interest rates and low supply continue to affect the availability of the affordable homes required to fulfill the GSEs' housing goals.
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GSEs Update PMIERs, Private MIs Ready for Changes

August 22, 2024
Dennis Hollier
PMIs say the tougher available assets standards won't impact their eligibility as approved insurers.
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GSE CRT Issuance Declines in Second Quarter

August 21, 2024
Dennis Hollier
Fannie Mae and Freddie Mac issued a combined $2.34 billion in CRT securities, excluding reinsurance deals, in the second quarter. That was down 18.0% from the first quarter.
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Agency Investors Increasingly Focused on Spec Pools

August 20, 2024
James Dohnert
Specified pools offer MBS investors a concentration in certain characteristics in contrast to homogenous MBS in the TBA market.
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Ginnie Volume Drives Up Agency MBS in July

August 13, 2024
John Bancroft
Ginnie MBS issuance increased by 8.3% on a monthly basis in July while GSE volume declined somewhat.
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GSE Loan Sales Ease in July Despite Looser Underwriting

August 12, 2024
Dennis Hollier
Among the top 10 GSE loan sellers in July, just one was a federally insured depository: U.S. Bank.
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GSEs’ Mortgage Portfolios Increase in Second Quarter

August 6, 2024
Dennis Hollier
Holdings of both mortgage-backed securities and mortgages rose in the quarter, with MBS totals up 5.9% and mortgages up 4.1%.
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Latest Imf News

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