Fannie issues its first CAS deal in nearly a year and a half, following a decision by FHFA Acting Director Sandra Thompson to double the capital relief available for CRT transactions.
Fannie and Freddie have issued a combined $25.1 billion in long-term debt so far this year. That’s compared to $338.7 billion in the first six months of 2020.
Freddie Mac and MCT team up to help small- and mid-sized lenders make the switch from cash seller to guarantor. The transition impacts everything from pricing to operations.
It will be the 11th issuance of its type by loanDepot.
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