Delivered to over
70,000+ industry professionals
each day, the Daily Newsletter is the
definitive recap of the day's most
relevant mortgage and real estate news and data. View the latest Newsletter below.
View our most recent newsletter below, or use the date selector to view past newsletters.
Mark Calabria, Director of the Federal Housing Finance Agency (FHFA) is stepping up his agency's actions to spring Fannie Mae and Freddie Mac (the GSEs) from their decades long federal receivership. Most recently he called on the mortgage industry to give feedback on FHFA's strategic plan which includes steps to do so. FHFA's strategic plan for fiscal years 2021 to 2024 lays out the framework for three key goals over the next few years: Ensure safe and sound regulated entities through world-class supervision. Foster competitive, liquid, efficient, and resilient national housing finance markets. Position the Agency as a model of operational excellence by strengthening the workforce and infrastructure. The third objective of goal 1 is to "Responsibly end the conservatorship" of the GSEs. In his
Housing News
|
|
Mark Calabria, Director of the Federal Housing Finance Agency (FHFA) is stepping up his agency's actions to spring Fannie Mae and Freddie Mac (the GSEs) from their decades long federal receivership. Most recently he called on the mortgage industry to... (read more)
|
|
Housing News
|
|
Home prices rose another 1.0 percent in July, bringing the year-over-year gain to 6.5 percent according to the House Price Index (HPI) produced by the Federal Housing Finance Agency (FHFA). The agency also revised its previously reported 0.9 percent ... (read more)
|
|
Mortgage Rate Watch
|
|
Fannie Mae and Freddie Mac are the two government sponsored agencies that guarantee timely payment of principal and interest to the investors who front the money that finances the American mortgage market. This guarantee means that more investors are... (read more)
|
|
MBS Commentary
|
|
Stocks Try to Help, But Bonds Stay Relentlessly Flat
Econ data, Treasury auctions and Fed speakers all failed to move the needle. Bonds only showed signs of life in response to new corporate debt issuan... (read more)
|
|
Housing News
|
|
Mortgage application activity rebounded last week from the previous week's Labor Day holiday lull. The Mortgage Bankers Association's (MBA's) Market Composite Index, a measure of mortgage loan application volume, increased 6.8 percent on a seasonally... (read more)
|
|
Rob Chrisman
|
|
I know that plenty of folks at United Wholesale read this commentary, and the company is in the news about a merger that will take UWM public valuing it at $16 billion. Perhaps Bruce Springsteen reads this commentary, perhaps not, but he turns 71 tod... (read more)
|
|
|
|
|