GSE Servicers Face New Requirements on Property Insurance February 26, 2024 Dennis Hollier The GSEs are looking to ensure servicers have policies and procedures in place that require borrowers continuously maintain property insurance.Read More
Average Credit Score for FHA Loans Up in 2023 February 22, 2024 Monica Hogan The increase was driven by higher scores on purchase mortgages.Read More
FHA Finalizes ‘Payment Supplement’ Partial Claim Program February 22, 2024 Monica Hogan Servicers can begin offering the new option May 1, but must make it available by Jan. 1, 2025.Read More
MBA Asks VA to Align Property Requirements With GSEs February 21, 2024 Monica Hogan The MBA was part of a trade group coalition that called on the VA to align minimum property requirements with standards already established by the GSEs.Read More
Maxex Offers New Outlet for Agency-Eligible Loans February 16, 2024 James Dohnert Lenders can sell agency-eligible mortgages for investment properties and second homes on Maxex's platform.Read More
Deliveries to GSEs Down 8.4% in January February 14, 2024 Dennis Hollier Lenders delivered $41.06 billion of loans to Fannie Mae and Freddie Mac in January.Read More
Correspondent Channel Gains Share in Agency Market February 13, 2024 Andras Malatinszky The correspondent channel accounted for 37.0% of agency deliveries in the fourth quarter, up from a 34.6% share the previous quarter.Read More
Fannie Beats the Odds, Posts an Issuance Gain for January February 12, 2024 John Bancroft Some of Fannie’s lopsided growth may reflect that it took a bigger hit in December...Read More
GSE CRT Issuance Limited in 2023 February 7, 2024 Dennis Hollier Issuance in 2022 was helped by lingering loans from the refinance wave while mortgage originations were down sharply in 2023.Read More
Anticipation Grows for End of GSE Conservatorship February 7, 2024 Dennis Hollier The price of preferred shares in Fannie Mae shot up to $4.57 a share in the wake of former President Trump’s victory in the Iowa caucuses.Read More