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

With better pricing incentives, investors sold Freddie Mac 87% of the STACRs in its latest cash tender offer. Freddie was able to repurchase less than 50% of the STACRs included in its previous tender offer.

Except for credit scores, traditional underwriting criteria are relatively poor predictors of homeownership longevity for first-time borrowers.

Tracking the movement of MSRs amid declining originations.

Conservative researchers find fault with data showing persistent bias in appraisals.

Still no sign of Republican activity on the housing finance front, despite their new majority in the House.

While the GSEs are under mandates to shrink their retained portfolios, Freddie’s holdings increased in the final three months of 2022. (Includes data chart.)

Loss provisions and declining volumes spell lower profits going forward. However, Fannie’s capital requirements remain elevated.

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The late announcement and unexpected delay of the financial release will likely set tongues wagging in the mortgage industry.