Short Takes: Freddie Offers Automated Paystub Assessment / ‘Soft’ Credit Pulls From Blend / Non-QM MBS From Ares / Fintech Enters Warehouse Sector May 23, 2023 Brandon Ivey The GSE says the addition to its income assessment tool will expand access to credit.Read More
Republicans in Congress Critical of FHFA Pricing Policies May 17, 2023 Dennis Hollier A house hearing Wednesday will focus on GSE pricing changes prompted by the FHFA.Read More
FHFA Considers Revisions to GSE Pricing May 16, 2023 Brandon Ivey FHFA issued a request for input regarding the framework that applies to pricing single-family mortgages delivered to the GSEs.Read More
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.Read More
Freddie Earnings Remain Stable in First Quarter May 3, 2023 Dennis Hollier Freddie's profitability remains a tale of loan loss reserves, with net income rising and falling according to the size of the provision for losses.Read More
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
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.Read More
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.Read More
FHFA to Codify Existing Fair Housing Directives April 20, 2023 Dennis Hollier The rulemaking process will help make current policy more durable, reducing the likelihood future administrations reverse existing fair housing regulation.Read More
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.Read More