Seller repurchases from Fannie/Freddie MBS continued to climb in the third quarter, although the pipeline of unresolved claims declined a bit. A third-party study shows the critical-defect rate was down slightly in early 2022 as lenders grapple with a challenging market. (Includes three data charts.) Read More

The state of Florida is setting up a reinsurance fund to stabilize a property insurance system plagued with disaster-related insolvencies and years of underwriting losses. Read More

The new benchmarks for Fannie Mae and Freddie Mac reflect higher interest rates and the anticipated decline in the number of affordable units in the multifamily market. Read More

The Mortgage Bankers Association argues that higher income thresholds would allow more minority borrowers access to low-downpayment mortgages like HomeReady and Home Possible. Read More

The expanded definition will broaden the pool of parties that can provide funds or equity as part of a Freddie-backed mortgage transaction. Read More

The mortgage giant will leverage consumer-permission bank-statement data to underwrite loans for borrowers with no FICO score. Read More

There are new faces in the C suite at Fannie Mae and U.S. Mortgage Insurers. And some Freddie Mac veterans got promotions this week. Read More

Investors tendered only 73% of the CAS notes Fannie was willing to buy back. Read More