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October 5, 2017

Purchase-Mortgage Boom Pumps Up Fannie/Freddie MBS Volume in 3Q17

By John Bancroft

Purchase-mortgage activity in the GSE market surged 21.5 percent higher in the third quarter Ė and Fannie recorded a whopping 35.9 percent jump in such businessÖ

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Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.


Time for a change. Borrowers are different today.


Undecided, still assessing the situation.