The new social index methodology gives investors a rigorous, pool-based measure of the social impact of the mortgage-backed securities issued by the enterprises.
Amid declining volumes, the largest and smallest lenders who sell to the GSEs lost market share while large and mid-sized lenders got a bigger piece of the pie. (Includes two data charts.)
Beginning in November, Freddie’s weekly mortgage rate results will be based on the applications submitted from thousands of mortgage lenders around the country.
Nine of the 11 Federal Home Loan Banks saw their profits jump in the first quarter. Only the FHLBanks of Dallas and Cincinnati experienced declining net income. (Includes three data charts.)