FHFA's Housing Goals for GSEs More Lenient December 20, 2024 Dennis Hollier Lenders supported the regulator’s decision to lower some of the goals from the 2022-2024 rule.Read More
Capital Requirements a Factor in Fannie’s Declining Market Share December 20, 2024 Dennis Hollier Because Fannie’s book of business is by far the larger, it’s more impacted by the stability capital buffer than Freddie.Read More
Short Takes: Fannie Expects Steady CRT Issuance / Housing Starts Increase / Home Sales Slower Than Expected / Moody’s Affirms Assessment of Mr. Cooper December 19, 2024 Brandon Ivey Fannie Mae projects that its issuance of credit risk transfer transactions in 2025 will be similar to issuance in 2024.Read More
GSE Buybacks Drop in 3Q With Freddie Reporting Change December 17, 2024 John Bancroft Much of the decline was the result of a change in how Freddie Mac classifies loans subject to a repurchase claim for which the seller has provided a remedy.Read More
Refi Volume at GSEs Up 66.4% on Monthly Basis in October November 19, 2024 Dennis Hollier Deliveries of refinances to the government-sponsored enterprises jumped from $9.37 billion in September to $15.59 billion in October.Read More
Lenders Call on GSEs to Rescind Property Insurance Directive November 19, 2024 Brandon Ivey The GSEs detailed the property insurance requirements in bulletins in February, as directed by the Federal Housing Finance Agency.Read More
Short Takes: Volatility Expected for Interest Rates / First-Time Homebuyers Get Older / Angelo Gordon REIT Buying Home Equity Loans / PIMCO, Chase Win Fannie RPL Auctions / Positive Outlook for New American Funding November 5, 2024 Brandon Ivey Uncertainty regarding election results could cause some interest rate volatility in the near term.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
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
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