The group’s combined production-related income fell a lot more than their actual origination volume, which was down 5.8 percent from the second quarter...
The Ginnie Mae share of total mortgage debt outstanding hit a record 15.2 percent at September 30, according to exclusive survey figures from Inside Mortgage Finance...
The Federal Housing Finance Agency “should require the GSEs to be much more transparent in their risk-sharing transactions,” said the Urban Institute in a new report.
Black Knight Financial also said that despite the reintroduction of Fannie’s and Freddie’s 97 LTV product, the FHA/VA continues to dominate low downpayment lending.