The enterprise resumed marketing a credit-risk transfer transaction this week after a brief pause tied to volatility in the financial markets.

There's been scattered talk that some nonbanks might soon launch second-lien products...

Outstanding home-equity loans fell another 2.0% in 4Q21. Lenders cranked out $181.80 billion in new HELOC draws and closed-end seconds in 2021, including $48.50 billion in the fourth quarter, up a modest 4.1% sequentially but almost unchanged year-over-year. (Includes three data charts.)

Mortgage professionals generally approve of the plan, but say more changes are needed to expand access to credit.

Industry representatives have described the new Fannie/Freddie requirements as draconian...

Except for a $1.70 billion lender risk deal with PennyMac in the fourth quarter of 2020, Fannie had no CRT activity until October 2021.

The top five loan sellers to the GSEs in February: Rocket, UWM, Chase, Wells Fargo and loanDepot...

The volume of loans delivered to Fannie Mae and Freddie Mac declined by 23.0% from January to February. The sequential decline seems to be a result of the 18% hike in conforming loan limits. (Includes two data charts.)

The Federal Reserve will close on an era this week, ending its pandemic policy of net asset purchases and preparing for a runoff of agency MBS.

The mortgage giant’s credit-risk transfer program got 2022 off to a good start with its first CIRT transaction of the year.