GSE Deliveries Suffer in January, Refis at 11-Year Low February 8, 2023 Dennis Hollier Overall, Fannie/Freddie MBS issuance in January was down 73.1% from a year ago.Read More
Freddie QC Chief: Mortgage Defect Rates Remain Elevated February 6, 2023 Dennis Hollier The Fannie official began his presentation with the top 10 defects discovered by his QC team...Read More
MBA Chief Broeksmit: LLPA Grids are Complicated, Complex February 3, 2023 Dennis Hollier The new pricing grids from FHFA boast 216 "cells"...Read More
FHFA Slashes Commingling Fee but Is It Enough? January 27, 2023 Dennis Hollier Some analysts wonder if the fee cut is sufficient enough to drive the GSEs to resume issuing MBS with commingled collateral.Read More
Fannie to Adjust Quality Control Standards January 26, 2023 Brandon Ivey The GSE will set minimum pre-funding quality control requirements and deliver QC results to lenders more quickly.Read More
Large Banks Show Gains on GSE Servicing January 23, 2023 Dennis Hollier Much of the shift in 4Q22 occurred at large banks...Read More
Short Takes: New LLPA Changes From the GSEs / For Example… / A Decline in This Charge / Former Freddie Exec Promoted January 19, 2023 Paul Muolo The FHFA said Fannie and Freddie are reducing the upfront fee for comingled securities to 9.375 bps.Read More
GSE Loan Purchases Head South, 4Q Volume at Just $159 Billion January 10, 2023 Dennis Hollier Among nonbanks, the larger shops saw their slice of the pie grow by two percentage points.Read More
A New Reality for GSE Loans: Better FICOs, Lower LTVS January 9, 2023 Andras Malatinszky Notable: Roughly 9.9% of all purchase loans were in the under-60% LTV range, a 289-bps increase since the first quarter.Read More
Fannie and Freddie Weigh In on Florida Property Insurance Mess December 20, 2022 Dennis Hollier The Temporary Market Stabilization Agreement is intended to bolster Florida’s property insurance system, but has created widespread confusion...Read More
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