Outlook for Ending GSE Conservatorship Uncertain May 28, 2024 Dennis Hollier The Trump administration made substantial progress toward ending the conservatorship of Fannie Mae and Freddie Mac.Read More
Fed’s MBS Moves Boost GSE Supers Volume May 24, 2024 John Bancroft Fannie Mae and Freddie Mac issued $428.04 billion of Supers deals backed by first-level uniform MBS during the first quarter of 2024.Read More
Short Takes: Refi Demand Increases / Rate Cut Expected in September / Broker Offers 100% of Commission Splits / WaMu Loans in New MBS May 22, 2024 Brandon Ivey “Purchase activity continues to lag despite this recent decline in rates,” said Joel Kan, a vice president and deputy chief economist at the MBA.Read More
Short Takes: FHA Increases Allowable Fee for Assumptions / Ginnie Requires Plans From Large Nonbanks / New CRT From Fannie / FDIC Chair to Resign May 21, 2024 Brandon Ivey The allowable fee lenders/servicers can charge for assumptions of FHA mortgages is now $1,800.Read More
Short Takes: Fudge Lands at Law Firm / CrossCountry Offers Death Benefit / HELOC Securitization From Figure / PIMCO Wins RPL Auction by Fannie May 17, 2024 Brandon Ivey Marcia Fudge is now a partner and chair of public policy at Taft, a law firm.Read More
Fannie, Freddie Earnings Impacted by Interest Rates May 9, 2024 Dennis Hollier Fannie and Freddie are facing portfolio losses due to the mortgage market.Read More
Short Takes: Fannie Offers Direct Calculation for Self-Employment Income / New CES Issuer / Another Loss for Blend / Freddie Offers CRT May 9, 2024 Brandon Ivey To this point, access to Fannie's income-calculation tool was only available through third parties.Read More
Short Takes: GSEs Revise Guides / Purchase-Mortgage Lending Increases at Zillow / Fairway Touts LO Recruits / Annaly Fast With MBS May 2, 2024 Brandon Ivey The GSEs established a formal definition for mortgages to first-generation homebuyers.Read More
Fannie Increases Profits Despite Decline in Acquisitions April 30, 2024 Dennis Hollier Acquisitions may be the lowest they've been since the 3Q20, but accounting rules keep earnings on an even keel.Read More
FHFA Final Rule Codifies Equitable Housing Finance Plans April 30, 2024 Dennis Hollier FHFA turns the equitable housing finance plans of the GSEs and other agency-directed fair housing activities into regulations.Read More
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