The share of high-balance loans and mortgages on second homes sold to the GSEs fell significantly in April, when Fannie and Freddie raised loan-level price adjustments for these loans. (Includes three data charts.)
Read More
The Fannie/Freddie regulator indicated it will review the impact of the ERCF on the UMBS market, but for now won’t delay implementation of the new fee.
Read More
Loan Product Advisor, Freddie’s automated underwriting system, will soon be able to identify rent payments from the bank accounts of homebuyers who opt-in to the program.
Read More
The Ocwen subsidiary will purchase MSRs through the FHLBank of Indianapolis’ mortgage purchase program. PHH will also offer subservicing to banks and nonbank lenders that are members of the bank.
Read More
The Federal Housing Finance Agency’s auditor concluded that the agency complied with an executive order making climate-related risk a priority for financial regulators.
Read More
Almost exactly a year after taking the helm as acting director, Thompson begins a five-year term as head of the Federal Housing Finance Agency. She is the first woman to hold the job.
Read More