September 23, 2022

Seller Buybacks Surge Again in 2Q22, Pipeline Declining

Seller buybacks were up 20.3% from the first to the second quarter, with most of them involving loans sold to the GSEs in 2021. Rocket Mortgage and loanDepot led the industry in repurchases during the first half of 2022. (Includes three data charts.) Read More

Fannie Fee on Broker Originations Faces Pushback

Industry groups say Fannie’s 15-bp fee on broker-originated loans flies in the face of the level playing field for the mortgage business. Read More

MISMO Updates Include GSE Uniform Initiatives

Progress has been made on modernization and simplification of the various sections of MISMO’s uniform mortgage data program. Read More

GSEs Move Slowly on Artificial Intelligence

Fannie, Freddie, the FHFA and the OIG try to wrap their heads around the risk and rewards of artificial intelligence and machine learning. Read More

Freddie to Revise Mortgage Rate Calculation Process

Beginning in November, Freddie’s weekly mortgage rate results will be based on the applications submitted from thousands of mortgage lenders around the country. Read More

Mortgage Delinquencies Continue to Fall

Loan performance at Fannie and Freddie leads overall delinquency rates to a two-decade low. Read More

A Flurry of Fannie CRT Activity

Have CRT transactions become more expensive as interest rates rise? It looks that way for Fannie CAS REMICs. Read More

Fannie Taps a New Chief Risk Officer

Morgan Stanley executive Anthony Moon will become at least Fannie’s third CRO in less than two years. Read More

Fannie Unloads Another Batch of RPLs

Fannie’s 27th RPL sale dispatches 6,060 loans with a UPB of nearly $1.0 billion. Read More

Inside The GSEs

View Archived Issues

Seller Buybacks Surge Again in 2Q22, Pipeline Declining

Fannie Fee on Broker Originations Faces Pushback

MISMO Updates Include GSE Uniform Initiatives

GSEs Move Slowly on Artificial Intelligence

Freddie to Revise Mortgage Rate Calculation Process

Mortgage Delinquencies Continue to Fall

A Flurry of Fannie CRT Activity

Fannie Taps a New Chief Risk Officer

Fannie Unloads Another Batch of RPLs

Latest Imf News

Income Declines at FHLBanks in Third Quarter

Acra's New Parent: BlackRock (But for How Long?)

Onity Pays Off Some Corporate Debt Following MSR-Related Sale

Recapture Projections Distorting Value of Mortgage Servicing Rights

Featured Data

Refinance Volume in GSE MBS Jumps in October

Nonbank Earnings Pummeled by MSR Losses in 3Q

Correspondents Gain Agency Market Share in Third Quarter

Second-Level MBS Issuance Slows in 3Q, CMO Down

Featured Reports

Agency Seller-Issuer Profile: 3Q24 (PDF)

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

Inside The GSEs

September 23, 2022

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?