For the second year in a row, first-time buyers accounted for over half of agency purchase-mortgage business. Despite a substantial dip in the fourth quarter, overall purchase originations in 2019 hit their highest level in more than a decade. Read More
Low interest rates are great for lenders but servicers are having a tough time of it, especially shops looking to unload product. One dealmaker is advising clients to sell MSRs now before they “vaporize.” Read More
2019 was a banner year for warehouse mortgage providers, thanks to strong nonbank originations in the primary market. And now it appears that 2020 could be even better. Read More
If a Democrat wins the presidential race, industry analysts expect regulatory changes in the mortgage industry. If Trump is reelected, GSE reform efforts will continue to gather pace. Read More
Asked what levels of capital would be necessary in order to release Fannie and Freddie from conservatorships, Treasury and FHFA said it is “premature” to comment on specific levels. Read More
For allowing FHLB membership, FHFA wants to know what specific financial requirements should be enforced and how existing members would be impacted. Read More