A House Financial Services Committee hearing featured industry experts dissecting the FHFA’s recent changes to the loan-level price adjustment fee structure used by the GSEs.
Read More »Breaking Down Investor Trends Since the Turn of the Century
In a Realtor.com analysis of data from January 2000 to December 2022, investor buyer share lost some ground after hitting a record high of 8.9% reported in February 2022, but remains above pre-pandemic levels.
Read More »Freddie Mac Enhances Income Assessment Tool
New capabilities will assist lenders in calculating income more quickly and precisely, thus reducing risk and helping serve more qualified borrowers.
Read More »Radian Appoints Sumita Pandit SVP and CFO
Replacing J. Franklin Hall as CFO, Pandit will be responsible for Radian’s financial functions, reporting, planning and analysis, enterprise capital planning, investment portfolio management, and investor relations.
Read More »The Week Ahead: House Committee to Examine FHFA Actions
FHFA Director Sandra L. Thompson will testify before the House Financial Services Committee to discuss the latest measures taken by the Agency to execute its mission of maintaining the safety and soundness of the GSEs, and ensuring access to affordable and sustainable housing.
Read More »Ginnie Mae’s MBS Portfolio Hits $2.39T in April
According to Ginnie Mae, April’s mortgage-backed securities issuance supported the financing of more than 112,000 households, including assisting more than 50,700 first-time homebuyers.
Read More »FHA Amends Policies to Expedite HECM Processing
New policies set forth by the FHA in Mortgagee Letter 2023-10 will shorten the timeframe for mortgagees to receive Home Equity Conversion Mortgage assignment funds.
Read More »Sagent Extends Partnership With American Savings Bank
New seven-year deal enables Hawaii-based bank to offer real-time mortgage servicing to help power the customer experience.
Read More »FHFA Seeks Input on GSEs’ Single-Family Pricing Framework
Agency soliciting public comments on how its pricing framework protects Fannie Mae, Freddie Mac, and taxpayers against potential future losses, while supporting affordable, sustainable housing and first-time homebuyers.
Read More »Post-Forbearance Workout Performance Suffers in April
The MBA reports that approximately 255,000 homeowners remained in forbearance plans through April, as mortgage servicers have provided forbearance options to nearly 7.8 million Americans since April 2020.
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