Fannie Mae and Freddie Mac have changed their upfront fee structure to strengthen their safety and soundness by enhancing their ability to improve their capital position over time.
Read More »What’s Driving Relentless Storms Against the West Coast?
In a string of bad-luck situations, multiple atmospheric rivers and “bomb cyclones” have hit the West Coast, causing mudslides, flash flooding, and hurricane-force winds. Here’s what a new report reveals.
Read More »HUD Initiative Leverages Further Effort Towards Eliminating Appraisal Bias
The Department of Housing and Urban Development has announced a new process for homeowners to review their appraisals if they feel the results have been unfairly biased.
Read More »Wells Fargo Stepping Back From Mortgage Market
Wells Fargo has announced the move to shrink its mortgage portfolio and close its correspondent business. Going forward, WF will now offer home loans to existing bank and wealth management customers and borrowers in minority communities.
Read More »FHFA Releases 2023 Scorecard for GSEs, Common Securitization Solutions
The 2023 Scorecard builds on the progress made by the GSEs in 2022 to strengthen capital position while advancing equitable and sustainable access to homeownership and rental housing nationwide.
Read More »Ginnie Mae MBS Portfolio Continues to Grow in November
Ginnie Mae’s November new MBS issuance supports the financing of more than 122,000 households nationwide, including more than 55,600 first-time homebuyers.
Read More »Ginnie Mae Forbearances Increase, Again
The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month.
Read More »Ginnie Mae Issues Report on VA Loan Health and Liquidity
As per the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, Ginnie Mae has released its inaugural examination of VA-guaranteed loans.
Read More »Default Risk on GSE Acquisitions Rising
How many loans purchased by Freddie Mac and Freddie Mae are expected to become delinquent? Click through to find out.
Read More »FHFA Announces Revised Deemed-Issuance Ratio for 2023
In accordance with IRS guidelines on the trading of Uniform Mortgage-Backed Securities, the FHFA’s deemed-issuance-ratio for the new year will be set to 53% for Fannie Mae and 47% for Freddie Mac.
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