GSE MBS Issuance Continues to Slide November 13, 2023 Dennis Hollier In the first 10 months of 2023, the GSEs’ combined refi production came to just $67.79 billion...Read More
The GSE CRT Spigot Starts to Run Dry November 13, 2023 Dennis Hollier One Freddie official noted, "The market thought we would issue at any level, but it was uneconomical"...Read More
Short Takes: Debt Concerns for One Lender? / Renting v. Owning / Make Them Buy MBS (Again) / A Non-QM Rebrand November 13, 2023 Paul Muolo and James Dohnert According to Invitation Homes, it’s cheaper to lease a home than it is to buy in all of the company’s 16 core markets...Read More
GSE Mortgage Holdings Decline in 3Q November 9, 2023 Dennis Hollier Fannie Mae's portfolio has only been smaller once since the financial crisis.Read More
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