GSEs Increase Mortgage Holdings in Third Quarter November 6, 2024 Dennis Hollier Fannie Mae and Freddie Mac had $182.3 billion in mortgage holdings (measuring mortgage-backed securities and loans) at the end of the third quarter.Read More
GSE-Eligible Loans for Investment Properties Go Non-Agency November 5, 2024 James Dohnert Non-agency MBS is offering better execution, in some instances, than the GSEs for investment-property mortgages.Read More
Short Takes: Interest Rates Cresting? / PennyMac Stocks Non-Agency MBS With Agency-Eligible Loans / Variety of Lenders With Loans in Angel Oak MBS / Steady Mortgage Profits at LendingTree November 1, 2024 Brandon Ivey Sam Khater, chief economist at Freddie Mac, suggested that interest rates on mortgages could level off soon.Read More
Falling Multifamily Values Ding Fannie Profits October 31, 2024 Dennis Hollier Despite steady revenues, profits sagged as Fannie provisioned for losses in its multifamily business.Read More
Provident Sending GSE-Eligible Mortgages Into Non-Agency MBS October 30, 2024 Brandon Ivey Nearly all of the loans in Provident’s MBS are for primary residences.Read More
FHFA Expands Freddie Repurchase Pilot; Makes Moves on Appraisals October 29, 2024 Dennis Hollier FHFA Deputy Director Naa Awaa Tagoe announced several policy changes impacting the GSEs.Read More
Short Takes: FHFA’s Thompson Misses MBA Annual / HPA Shifts Ahead of Loan-Limit Announcement / Income Declines at Rithm / FHA Appraisals Added to FHFA Disclosures October 29, 2024 Brandon Ivey FHFA Deputy Director Naa Awaa Tagoe filled in for agency Director Sandra Thompson at the MBA's annual convention.Read More
Large Nonbanks Grow GSE Servicing Share October 22, 2024 Dennis Hollier Large nonbanks grow their share of GSE MBS servicing but Chase still ranks number one in our rankings among servicers.Read More
Democrats Urge Regulators to Rein In FICO October 21, 2024 Dennis Hollier The Democrats calculate that the cost of a FICO score has increased by as much as 400% over the past two years.Read More
Meridian Capital to Exit the GSE Doghouse, But Restrained October 21, 2024 Dennis Hollier Fannie Mae instituted a similar suspension for the mega broker in April.Read More
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