November 4, 2022

Decline in GSE Sales Accelerates in October

Sales of refinance loans plummeted to the lowest level in at least eight years. But purchase-mortgage sales had a bad month too. (Includes two data charts.) Read More

FHFA Goes Public With GSE Valuation Data

FHFA is betting the formerly proprietary appraisal data of Fannie and Freddie can help reduce bias in the marketplace. Read More

G-Fee Hikes May be Needed to Replace LLPA Revenue

By some estimates, the enterprises will have to increase guarantee fees by about 3 basis points to offset the lost revenue from FHFA's targeted elimination of LLPAs. Read More

FHFA's Review of the FHLBanks Gets into Gear

While the FHLBanks tout the utility of the system’s status quo, small independent mortgage bankers push a change that would give nonbanks access to FHLB credit without FHLB membership. Read More

Geographic Diversification Limits Impact of Ian on Fannie Mae

None of Fannie's multifamily CRT transactions has an exposure to storm damage exceeding 1% of UPB. Read More

Effective Prefunding Reviews Strengthen Quality Control

Prefunding reviews allow the lender to identify defects while the loan is being manufactured, potentially avoiding costly repurchases. Read More

Freddie Integrates New Cash Flow Data Into LPA

Automated payroll deposits and timely payment of utilities and cell phone bills are about to enter the mortgage underwriting process. Read More

Fannie Announces Winning Bidder for Latest CIP Pool

A nonprofit specializing in housing for the homeless, aged, and persons with mental disabilities wins the auction on 16 nonperforming loans in Miami. Read More

Freddie Prices Second SLST Deal of 2022

Freddie's latest NPL deal includes both guaranteed and unguaranteed tranches. Read More

Inside The GSEs

View Archived Issues

Decline in GSE Sales Accelerates in October

FHFA Goes Public With GSE Valuation Data

G-Fee Hikes May be Needed to Replace LLPA Revenue

FHFA's Review of the FHLBanks Gets into Gear

Geographic Diversification Limits Impact of Ian on Fannie Mae

Effective Prefunding Reviews Strengthen Quality Control

Freddie Integrates New Cash Flow Data Into LPA

Fannie Announces Winning Bidder for Latest CIP Pool

Freddie Prices Second SLST Deal of 2022

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

November 4, 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?