Top GSE Sellers Expand Market Share in August September 9, 2022 Dennis Hollier In a month of flip-flops, the largest lenders recorded increases in production and Freddie’s volume topped Fannie’s. (Includes two data charts.)Read More
Fannie Announces Latest NPL Sale September 9, 2022 Dennis Hollier The NPL offering is Fannie’s 20th community impact pool, which includes 70 loans in the Miami area with a UPB of about $16 million.Read More
Limited Interest in Freddie’s STACR Tender Offer August 12, 2022 Dennis Hollier The latest Freddie tender offer attracted less interest, with investors cashing in fewer certificates than for previous offers.Read More
Freddie Warns of New Mortgage Fraud Scheme August 12, 2022 Dennis Hollier Mortgage fraud has gone beyond borrowers simply falsifying income and employment information.Read More
NPL Sales by GSEs Ramping Up Following Slowdown July 15, 2022 Dennis Hollier The number of loans in Fannie and Freddie portfolios that are less than two years delinquent nearly tripled in 2021, courtesy of COVID.Read More
Fannie Updates Policy on Confidentiality Programs July 15, 2022 Dennis Hollier Thirty-nine states have programs that provide victims of domestic violence or sexual abuse with substitute mailing addresses to help hide their physical location.Read More
GSEs Update Lenders on Equifax Coding Error July 1, 2022 Dennis Hollier The impact of the Equifax credit score snafu appears to be minimal, limiting the headache for lenders.Read More
Mixed Response to GSEs’ Equitable Housing Finance Plans June 17, 2022 Dennis Hollier GSE insiders worry litigation over race-based housing assistance will undermine the enterprises’ equitable housing finance plans.Read More
Fannie Introduces New Index for Prepayment Activity June 17, 2022 Dennis Hollier MBS investors will now have access to 18 years of refinance and prepayment data derived from Desktop Underwriter.Read More
FHFA Releases Inaugural Mission Report June 17, 2022 Dennis Hollier Fannie and Freddie bolstered their affordable housing acquisitions in 2021; FHLB not so much.Read More