While the FHFA has proposed a formal rulemaking on GSE capital, the current standard known as the conservatorship capital framework has not been made public…
Lenders did more home-equity business during 2Q18, but the volume of HEL assets outstanding continued to shrink. Credit unions continued to build market share.
First-time homebuyers accounted for over half of the purchase mortgages securitized by Fannie, Freddie and Ginnie in the second quarter, and private MIs are taking a bigger share.