Fed’s MBS Moves Boost GSE Supers Volume May 24, 2024 John Bancroft Fannie Mae and Freddie Mac issued $428.04 billion of Supers deals backed by first-level uniform MBS during the first quarter of 2024.Read More
Freddie Faces Opposition on Second-Lien Proposal May 23, 2024 Brandon Ivey Those opposed include the American Bankers Association, the Housing Policy Council, the Securities Industry and Financial Markets Association, the Structured Finance Association and U.S. Mortgage Insurers.Read More
AU Algorithms (AI) Under Attack in Two States. GSEs Could Be Impacted May 20, 2024 Dennis Hollier The AU systems embedded in Fannie’s Desktop Underwriter and Freddie's Loan Product Advisor could be impacted...Read More
Freddie’s CRT Issuance Jumps in First Quarter May 15, 2024 Dennis Hollier The share of risk the government-sponsored enterprises is offering to investors is also on the rise.Read More
Fannie, Freddie Earnings Impacted by Interest Rates May 9, 2024 Dennis Hollier Fannie and Freddie are facing portfolio losses due to the mortgage market.Read More
Agency MBS Issuance Increases in April; Refis Down May 8, 2024 John Bancroft The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.Read More
Correspondent Channel Loses Share in Agency Market May 7, 2024 Andras Malatinszky The steepest drop took place at Freddie, while Ginnie securitizations were relatively unscathed.Read More
Lenders See Benefits in Freddie’s Plan for Seconds May 7, 2024 Dennis Hollier PennyMac Financial Services CEO David Spector said he’s “very supportive of the GSEs getting into second-lien origination.”Read More
FHFA, FHA Set New Standards for Reconsideration of Value May 2, 2024 Brandon Ivey FHFA and FHA issued new standards for reconsiderations of value.Read More
Short Takes: GSEs Revise Guides / Purchase-Mortgage Lending Increases at Zillow / Fairway Touts LO Recruits / Annaly Fast With MBS May 2, 2024 Brandon Ivey The GSEs established a formal definition for mortgages to first-generation homebuyers.Read More