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GSEs Pause NPL/RPL Sales Amid Pressure From Congress

May 16, 2023
Dennis Hollier
There's been no formal announcement, though the pause looks to be tied to concerns from members of Congress.
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A Nice Profit Rebound for Fannie. Big Reason: Lower Credit Loss Provisions

May 2, 2023
Dennis Hollier
Fannie's secret sauce in 1Q: dramatically lower provisions for credit losses...
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The Battle Over LLPAs Continues, GOP Throws Its Marker Down

May 1, 2023
Dennis Hollier
Newly introduced legislation, if passed, would rescind FHFA's latest revisions to GSE pricing.
Read More

Short Takes: Deposits Flee First Republic / Expanded-Credit MBS from Barclays / New Fannie CRT / Home Improvement Securitization

April 25, 2023
Brandon Ivey
First Republic is altering its originate-to-hold strategy as deposits shrink.
Read More

Industry Frustrated as New LLPA Structure Nears

April 24, 2023
Dennis Hollier
Industry stakeholders believe the new upfront fee changes are unworkable and penalize more qualified borrowers.
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Mixed Trends in Deliveries to GSEs in First Quarter

April 21, 2023
Dennis Hollier
Volume declined on a sequential basis in the first quarter, while deliveries picked up in March compared with February.
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Short Takes: Home Prices Inch Up / Origination Pipelines Constrained / Few Loans in Forbearance / New CRT from Freddie

April 18, 2023
Brandon Ivey
Home prices increased by 1.0% on a sequential basis in the first quarter of 2023.
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FHFA Finalizes DTS Rule on Colonias

April 13, 2023
Dennis Hollier
The new rule changes the definition of "colonia" and "rural area" to ensure more of these impoverished, predominantly Latino communities are covered under the regulation.
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Further Declines in Securitization Issuance

April 12, 2023
John Bancroft
Combined MBS issuance at Fannie Mae, Freddie Mac and Ginnie Mae was down 21.2% from the fourth quarter and off 66.9% from the first three months of 2022.
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GSEs Update Equitable Housing Finance Plans

April 6, 2023
Dennis Hollier
At the direction of the Federal Housing Finance Agency, Fannie and Freddie tweaked their efforts to address equity issues for minority homebuyers and renters.
Read More
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