Large GSE Servicers Growing Via Acquisitions November 2, 2023 Dennis Hollier Acquisitions helped boost Mr. Cooper to the third largest GSE servicer as of the end of September, up from number eight in the ranking as of the end of June.Read More
Industry Participants Ramp Up Training on Appraisal Bias November 2, 2023 Sam Manas The GSEs are collaborating to create appraisal bias training for the appraiser community.Read More
GSE Move to Bi-Merge Credit Score Process Faces Pushback October 31, 2023 Dennis Hollier Republicans in the Senate have concerns and a report from TransUnion highlighted negative impacts from the move.Read More
The 'Rate Rescue' Plan? Going Nowhere October 30, 2023 Paul Muolo and Brandon Ivey Conventional rates near 8% might be the order of the day, at least for a few more quarters.Read More
Underwriting on Fannie/Freddie Loans Tightens in 3Q23 October 30, 2023 Brandon Ivey Underwriting trends largely held steady for refis in the third quarter...Read More
Buyback Relief From FHFA Might Not Amount to Much October 26, 2023 Dennis Hollier Fannie Mae was still providing COVID relief to $61.98 billion in loans at the end of the third quarter.Read More
Short Takes: VantageScore Finds New Mortgage Borrowers / Increase in Home Sales Could Be a Blip / Applicants Seeking Lower Loan Amounts / Expanded-Credit MBS From Annaly October 26, 2023 Brandon Ivey VantgeScore suggests that many consumers characterized as "dormant" are actually infrequent users of credit.Read More
GSE Shareholders Get Another Win October 25, 2023 Dennis Hollier A federal district court adds interest to the damages a jury awarded Fannie Mae shareholders in August.Read More
Short Takes: In (GSE) MBS We Trust / The 10-Year / Coming Soon: A Bond Market Rally? / The State of Warehouse Finance? / FHA’s HECM Tweaks October 23, 2023 Paul Muolo Time to bet on bonds? Now, let us pray...Read More
Primary MI Activity Down at GSEs, Up at FHA in 3Q October 20, 2023 John Bancroft GSE securitization of mortgages with private MI declined in the third quarter while FHA activity increased.Read More