Refi Volume at GSEs Up 66.4% on Monthly Basis in October November 19, 2024 Dennis Hollier Deliveries of refinances to the government-sponsored enterprises jumped from $9.37 billion in September to $15.59 billion in October.Read More
Lenders Call on GSEs to Rescind Property Insurance Directive November 19, 2024 Brandon Ivey The GSEs detailed the property insurance requirements in bulletins in February, as directed by the Federal Housing Finance Agency.Read More
Short Takes: Volatility Expected for Interest Rates / First-Time Homebuyers Get Older / Angelo Gordon REIT Buying Home Equity Loans / PIMCO, Chase Win Fannie RPL Auctions / Positive Outlook for New American Funding November 5, 2024 Brandon Ivey Uncertainty regarding election results could cause some interest rate volatility in the near term.Read More
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.Read More
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.Read More
Democrats Urge Regulators to Rein In FICO October 21, 2024 Dennis Hollier The Democrats calculate that the cost of a FICO score has increased by as much as 400% over the past two years.Read More
Fannie Economists Expect Homeowner ‘Lock-In’ to Persist October 17, 2024 Brandon Ivey Fannie economists project that purchase-mortgage originations will increase by 15.4% on an annual basis in 2025.Read More
Short Takes: Still No Capital Re-Proposal / Winner of NPL Auction / Compliance Dataset From MISMO / NYMT Back With IPL MBS October 11, 2024 Brandon Ivey No indication yet from federal regulators on when a planned re-proposal of capital requirements for large banks will be issued.Read More
Short Takes: Home Prices a Hurdle / MBA Expands Convergence Initiative / Fannie Selling RPLs / Jumbo MBS From Chase October 8, 2024 Brandon Ivey Elevated home prices are limiting home sales.Read More
Outlook for Purchase Mortgages Subdued Even With Rate Cut September 18, 2024 Brandon Ivey Originations of purchase mortgages are forecast to increase by 15% on an annual basis in 2025.Read More
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