Jumbo-Conforming Spread Reaches Near Record Levels May 27, 2022 Brandon Ivey Volatility in the secondary market has led to a 49-basis-point interest rate spread between jumbo and comparable conventional loans.Read More
FHFA to Require Extensive GSE Capital Disclosures May 27, 2022 Dennis Hollier The new rule may clear up some of the confusion surrounding how Fannie and Freddie calculate their capital requirements under the ERCF.Read More
Fannie: Lenders Want Appraisals Modernized May 26, 2022 Dennis Hollier A Fannie Mae survey showed 94% of the 188 lenders asked feel that efforts by the GSEs to modernize appraisals are valuable.Read More
Biden Administration Housing Plan Leans on GSEs May 25, 2022 Dennis Hollier Much of the White House plan to increase housing supply has been cribbed from the enterprises' duty-to-serve plans.Read More
Short Takes: Ocwen Buyback Plan Boosts Prices / MBA Promotes DeSanctis to VP of Communications / Census Bureau Numbers Indicate Sharper Market Downturn May 25, 2022 Dennis Hollier Ocwen authorizes buybacks to bolster stock prices.Read More
GSE Reform via FHFA and Treasury? Not Exactly on the Front Burner May 17, 2022 Brandon Ivey Administrative reform of the GSEs appears to be a long way off.Read More
Fannie Earnings Retreat in the First Quarter of 2022 May 5, 2022 Dennis Hollier The mortgage giant’s putative net worth jumped to $51.8 billion, but its shortfall in total adjusted capital increased to $272 billion.Read More
CHLA Pushes for Less Stringent GSE Eligibility Requirements April 19, 2022 Dennis Hollier Trade group says FHFA's reproposed rule would serve as a barrier to entry for smaller seller/servicers.Read More
Fannie Offers Alternative to Title Insurance April 8, 2022 Dennis Hollier For some lenders, an opinion letter written by a qualified attorney may be cheaper and more efficient than title insurance.Read More
A 60-Day Suspension for Certain GSE Foreclosures April 7, 2022 Dennis Hollier Still, many states have not rolled out effective HAF programs...Read More
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