Short Takes: Purchase Mortgage Volume Constrained / Jobs Numbers Suggest Rate Hikes Over / CrossCountry Joins Freddie’s SPCP / New Reverse Mortgage Lender April 7, 2023 Brandon Ivey Relatively low interest rates don't help much if there aren't many homes for sale.Read More
GSEs Update Equitable Housing Finance Plans April 6, 2023 Dennis Hollier At the direction of the Federal Housing Finance Agency, Fannie and Freddie tweaked their efforts to address equity issues for minority homebuyers and renters.Read More
Short Takes: Rate Locks Increase / Freddie Partnership Builds Credit Scores / California Even Less Affordable April 6, 2023 Brandon Ivey Bank failures helped to drive down interest rates on mortgages in March, which led to an increase in rate locks.Read More
GSEs to Expand Use of Payment Deferrals March 30, 2023 Dennis Hollier The pandemic-era tool will now become a standard part of the GSEs' loss-mitigation strategy.Read More
Surprise: FHFA Delays Implementation of DTI Fees March 16, 2023 Dennis Hollier The move by Thompson gives seller-servicers more time to prepare...Read More
Commingle Activity Remains Limited in Second-Level MBS from GSEs March 2, 2023 John Bancroft FHFA's plans to reduce the fee on commingled securities from the GSEs followed another quarter with limited commingling.Read More
FHFA Delays Rule Requiring Prior Approval of New GSE Products February 24, 2023 Dennis Hollier The rule was scheduled to go into effect Feb. 27...Read More
FHFA Proposes Changes to GSE Capital Rule February 23, 2023 Dennis Hollier The new rule should please critics of the fee for commingled securities.Read More
MSR Sales Reshuffle Top GSE Servicer Rankings February 17, 2023 Dennis Hollier Tracking the movement of MSRs amid declining originations.Read More
AEI Says Reports of Appraisal Bias May Be Premature February 17, 2023 Dennis Hollier Conservative researchers find fault with data showing persistent bias in appraisals.Read More