Cart

Inside The GSEs

July 1, 2022

View Archived Issues

FHFA Pricing Changes Hit High-Balance, Second Homes

The share of high-balance loans and mortgages on second homes sold to the GSEs fell significantly in April, when Fannie and Freddie raised loan-level price adjustments for these loans. (Includes three data charts.) Read More

FHFA Undeterred by Criticism of New Fee

The Fannie/Freddie regulator indicated it will review the impact of the ERCF on the UMBS market, but for now won’t delay implementation of the new fee. Read More

Freddie Adds On-Time Rent Payments to Its Underwriting

Loan Product Advisor, Freddie’s automated underwriting system, will soon be able to identify rent payments from the bank accounts of homebuyers who opt-in to the program. Read More

PHH Mortgage Inks MSR Agreement with FHLB

The Ocwen subsidiary will purchase MSRs through the FHLBank of Indianapolis’ mortgage purchase program. PHH will also offer subservicing to banks and nonbank lenders that are members of the bank. Read More

GSEs Update Lenders on Equifax Coding Error

The impact of the Equifax credit score snafu appears to be minimal, limiting the headache for lenders. Read More

FHFA Faces Climate Change Challenge

The Federal Housing Finance Agency’s auditor concluded that the agency complied with an executive order making climate-related risk a priority for financial regulators. Read More

FHFA Report Contrasts Enterprises and FHLB

The FHLBanks eked out a tiny profit in 2021, while net income at Fannie and Freddie soared. Read More

Thompson Sworn In as Head of FHFA

Almost exactly a year after taking the helm as acting director, Thompson begins a five-year term as head of the Federal Housing Finance Agency. She is the first woman to hold the job. Read More

A Big Week for Fannie’s Capital Markets Team

Fannie issued new CRT notes and offered to buy back old ones. Read More

Three Sentenced in FHLB Affordable Housing Program Scam

A federal court in South Carolina uncovers a scheme of kickbacks and bribes related to FHLB and HUD affordable housing program grants. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results