Fannie Fee on Broker Originations Faces Pushback September 23, 2022 Dennis Hollier Industry groups say Fannie’s 15-bp fee on broker-originated loans flies in the face of the level playing field for the mortgage business.Read More
MISMO Updates Include GSE Uniform Initiatives September 23, 2022 Dennis Hollier Progress has been made on modernization and simplification of the various sections of MISMO’s uniform mortgage data program.Read More
GSEs Move Slowly on Artificial Intelligence September 23, 2022 Dennis Hollier Fannie, Freddie, the FHFA and the OIG try to wrap their heads around the risk and rewards of artificial intelligence and machine learning.Read More
Freddie to Revise Mortgage Rate Calculation Process September 23, 2022 Dennis Hollier Beginning in November, Freddie’s weekly mortgage rate results will be based on the applications submitted from thousands of mortgage lenders around the country.Read More
Mortgage Delinquencies Continue to Fall September 23, 2022 Dennis Hollier Loan performance at Fannie and Freddie leads overall delinquency rates to a two-decade low.Read More
A Flurry of Fannie CRT Activity September 23, 2022 Dennis Hollier Have CRT transactions become more expensive as interest rates rise? It looks that way for Fannie CAS REMICs.Read More
Fannie Taps a New Chief Risk Officer September 23, 2022 Dennis Hollier Morgan Stanley executive Anthony Moon will become at least Fannie’s third CRO in less than two years.Read More
Fannie Unloads Another Batch of RPLs September 23, 2022 Dennis Hollier Fannie’s 27th RPL sale dispatches 6,060 loans with a UPB of nearly $1.0 billion.Read More
Brokers Steamed at Fannie Mae Over TPO Fee September 23, 2022 Dennis Hollier The GSEs have discretion when setting prices so long as they meet minimum pricing guidance from their regulator...Read More
MISMO’s Standardization Presents Some Hurdles September 23, 2022 Dennis Hollier Stakeholders talk about the challenges in sharing MISMO datasets between different parts of the industry.Read More