A recently announced change in Fannie’s appraisal policy may expand financing options in the manufactured home market.

Minority-owned Protecdiv will partner with insurance giant Aon in credit insurance risk-transfer transactions. The collaboration gives the small re-insurer the scale to work with large institutions.

The new pricing matrices for Fannie and Freddie may create modest net increases in the cost of a mortgage, but FHFA says that will support more lending for low-income borrowers.

Subtle differences between 2022 and 2023 objectives speak to both new priorities and goals reached.

The new benchmarks for Fannie Mae and Freddie Mac reflect higher interest rates and the anticipated decline in the number of affordable units in the multifamily market.

The Mortgage Bankers Association argues that higher income thresholds would allow more minority borrowers access to low-downpayment mortgages like HomeReady and Home Possible.

The mortgage giant will leverage consumer-permission bank-statement data to underwrite loans for borrowers with no FICO score.

Mortgage brokers argue homeowners shouldn't have to pay fees to fund governmental policy initiatives.

A new Fannie chartbook provides detailed cohort-level data on the socially oriented lending backed by the enterprise.

The volume of multifamily loans the enterprises can purchase will be smaller in 2023, but the FHFA also expanded the mission-oriented qualifications.