Agencies Lag Behind in 1Q21 Jumbo Mortgage Lending June 10, 2021 John Bancroft All things equal, "agency" jumbo volume might be expected to grow when loan limits are raised.Read More
Denial Rates for FHA Loans Highest Among All Loan Types June 9, 2021 Lisa Burden Roughly 14.1% of borrowers who applied for an FHA-insured purchase loan were turned down last year, compared to 12.4% in 2019.Read More
The GSEs Attempt Clarity on QM Changes June 4, 2021 Brandon Ivey The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...Read More
Next Up for the Biden Administration: GSE Reform (Not Really) June 3, 2021 Paul Muolo Well, at least the White House is thinking about it...Read More
GSE Single-Family Business Down Sharply in May June 1, 2021 John Bancroft Most of the downturn was in refinance activity, but GSE acquisitions of purchase-money mortgages also fell slightly last month.Read More
Fannie, Freddie Repurchases Rise in Gusher of MBS Issuance June 1, 2021 The pipeline of unresolved buyback requests swelled to $876.0 million at the end of March, a 19.6% increase from the previous quarter. Read More
Two Agency-Eligible Investor-Loan MBS Deals in a Week. Thank You FHFA May 28, 2021 Paul Muolo When one MBS window closes, another appears...Read More
Freddie Study Delves Into Refi Realities for Minorities May 28, 2021 Dennis Hollier Looking at Freddie mortgages active as of January, researchers found that nearly 50% of Black homeowners would have saved at least $1,200 a year if they had refinanced while almost 20% would have saved at least double that amount. Read More
Short Takes: Fannie Halts Certain HLTV Purchases / A Down May and Job Cuts? / Counting the Numbers / The Big Will Prevail, Unless... / Time to Weed May 26, 2021 Paul Muolo One lender may move to cut 300 workers...Read More
FHFA Paints a Grim Picture for Fannie/Freddie CRTs May 21, 2021 Dennis Hollier At face value, the disparity between the cost of the transactions and the return on investment seems ludicrous...Read More
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