GSE Business Drops Sharply in Early 2011 As Refinance Production Begins to Slow
April 7, 2011
American consumers have their own plan for winding down the government-sponsored enterprises: they’re refinancing less and showing little interest in borrowing to buy a new home. New business volume at Fannie Mae and Freddie Mac plummeted by 21.3 percent from the fourth quarter of 2010 to... [Includes three data charts]
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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