The GSEs’ automated underwriting systems now include income calculators, appraisal waivers and tools to assess the rental payment history of borrowers.

By one estimate, if Fannie’s title acceptance pilot were allowed to expand, it could save consumers as much as $96 million a year without significantly increasing the risk of title defects.

Nearly $297 million in non-performing Fannie loans have hit the auction block so far in July. That includes an $8.1 million community impact pool.

Fannie’s Financial Crimes Investigation team warns lenders of a string of fraudulent cash-out refis in the New Jersey area.

If true, this could be an example of occupancy fraud, a method used to secure a lower interest rate or better terms on a mortgage.

More access to Freddie’s CPA; taking Republic Mortgage Insurance off the books; new CEO for FHLB-OF; Calabria gets a new gig.

Declining equity and surging escrow payments may be a precursor to market stress in some parts of the country, analysts say.

Mortgage market stakeholders are uncertain how an end to the conservatorships of Fannie Mae and Freddie Mac would play out.

Federal Reserve Governor Christopher Waller said the central bank’s balance sheet hasn’t grown as much as people think, but that MBS sales might be needed to balance the duration of assets and liabilities.

It may take time for MBS investors to fully understand how use of the new credit score for underwriting loans sold to the GSEs impacts pricing and hedge strategies.