Fri, Feb 22 2019, 8:20 AM
Fannie Mae is predicting a notable slowdown in the growth of the U.S. economy in the first quarter of 2019. They have downgraded their earlier forecas...
Fri, Feb 8 2019, 11:08 AM
The second proposal for reform of the housing finance system in a week was just introduced by the National Association of Realtors® (NAR). Their "visi...
Thu, Jan 31 2019, 11:51 AM
The chant throughout 2018 from housing industry sources was inventory, inventory, inventory - or lack of same. It was blamed first for rising home pri...
Tue, Jan 22 2019, 11:46 AM
MarketWatch is reporting that Federal Housing Finance Agency (FHFA) along with Treasury and other parts of the administration are about to reveal a pl...
Tue, Jan 22 2019, 8:57 AM
“Some people are so poor, all they have is money.” How about “26 of the World’s Richest Own the Same Wealth as Poorest Half” in the world!? To the bes...
Fri, Jan 18 2019, 9:11 AM
For the first time in history, the six biggest banks — JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs and Morgan Stanley — mad...
Thu, Dec 27 2018, 10:06 AM
Home prices on the Federal Housing Finance Agency's (FHFA's) Housing Price Index (HPI) crept higher in October, although year over year appreciation s...
Wed, Dec 19 2018, 11:27 AM
The debate has opened again on the fate of Freddie Mac and Fannie Mae (the GSEs). Ten plus years after the two were put in federal conservatorship at ...
Mon, Dec 10 2018, 1:23 PM
Both Freddie Mac and Fannie Mae have announced the suspension of eviction lockouts for single-family and two- to four-unit properties for the holiday ...
Fri, Dec 7 2018, 1:24 PM
Three researchers from the Urban Institute (UI) recently analyzed the new capital standards rule proposed by the Federal Housing Finance Agency (FHFA)...
Thu, Dec 6 2018, 8:44 AM
In June the Federal Housing Finance Agency's (FHFA) issued a proposed capital standard for the government-sponsored enterprises (GSEs), Freddie Mac an...
Fri, Nov 23 2018, 8:53 AM
"Why is it that when the CDC warns us to not eat romaine lettuce, we take it as gospel. But when the CDC tells us that vaccines save lives, we think t...
Thu, Nov 15 2018, 5:27 PM
Fannie Mae has expanded the menu of post-disaster services it is offering to its borrowers. The new services are in addition to the up to 12 months of...
Thu, Nov 15 2018, 9:01 AM
With only week until Thanksgiving there’s a lot going on – every one of these stats impacts lenders. CoreLogic tells us that there are 48,390 homes at...
Fri, Nov 9 2018, 8:58 AM
Whether bond loans (we all know how management loves those), non-QM, reverse mortgages, or high loan to values, originators everywhere are working har...
Fri, Nov 2 2018, 10:12 AM
Both of the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, which remain in government receivership ten years after the housin...
Thu, Oct 25 2018, 3:12 PM
As part of an upgrade to its Desktop Underwriter (DU) that will be issued over the December 8 weekend, Fannie Mae says there will be some adjustments ...
Thu, Oct 4 2018, 8:12 AM
Nearly two years ago the Federal Housing Finance Agency (FHFA) approved Underserved Market Plans from Fannie Mae and Freddie Mac. These plans, part of...
Mon, Sep 17 2018, 3:11 PM
The robust growth in the economy in the second quarter may be the final peak of this expansion according to Fannie Mae's Economic Development Report f...
Thu, Sep 6 2018, 8:54 AM
In September, major league baseball teams expand their 25-man roster to 40 as teams scramble for the playoffs in October. In the mortgage business, ho...
Fri, Aug 24 2018, 9:21 AM
The rain is still pouring down in Oahu, but Fannie Mae and Freddie Mac are ahead of the game. Both GSEs have already announced that their disaster rel...
Wed, Aug 22 2018, 11:41 AM
The Federal Housing Finance Agency (FHFA) has pulled the plug on pilot programs run by both Fannie Mae and Freddie Mac (the GSEs) to finance instituti...
Fri, Aug 17 2018, 11:41 AM
Fannie Mae's monthly Economic Development papers always have the best headlines, pithy and to the point. The August one reads. "Growth Picks Up as Exp...
Thu, Aug 9 2018, 11:41 AM
Fannie Mae has informed us that they too have activated their disaster response policies for homeowners , this time for those affected by the Californ...
Thu, Aug 2 2018, 10:58 AM
Both Fannie Mae and Freddie Mac, the two government supported enterprises (GSEs) that have been in federal conservatorship for ten years this month, r...
Wed, Jul 25 2018, 9:05 AM
“Rob, are you hearing that residential lenders are nervous about releasing their 2nd quarter results to warehouse banks, correspondent investors, and ...
Fri, Jul 20 2018, 10:03 AM
Fannie Mae's economists have upgraded their second quarter economic forecast but say that may be about it for the year . In their July forecast, the c...
Tue, Jul 17 2018, 8:52 AM
“What can be asserted without evidence can also be dismissed without evidence.” While you ruminate on that one, there continues to be evidence and rem...
Wed, Jun 20 2018, 8:59 AM
onight/tomorrow morning is the summer solstice. I am in Minneapolis at an ACUMA workshop and where the sun will set tonight at 9:03. (I suppose ACUMA ...
Tue, Jun 19 2018, 8:35 AM
Despite a slowing rate of economic growth in the second estimate for the first quarter, Fannie Mae's economists are holding firm in their forecast for...
Thu, Jun 14 2018, 8:53 AM
The U.S. Bureau of Labor Statistics projects increasing customer usage of technology will reduce the number of bank tellers by 42,000 through 2026. Gi...
Fri, Jun 8 2018, 8:37 AM
For me this week includes time in Indianapolis and Chicago. Once again, I am impressed by the talent in residential lending – the industry is filled w...
Wed, Jun 6 2018, 11:23 AM
A Selling Guide Announcement from Fannie Mae on Tuesday introduced a new initiative for loans secured by manufactured housing. The MH Advantage progra...
Wed, Jun 6 2018, 8:32 AM
Two companies, Google and Facebook, are dominating the digital side of the marketing business. Six out of every ten dollars spent on digital ads is sp...
Mon, May 21 2018, 3:07 PM
In a prior article we summarized the options the Trump Administration might utilize to reform the residential mortgage financing system should Congres...
Thu, May 3 2018, 1:08 PM
Both government sponsored enterprises (GSEs) reported strong earnings in the first quarter of 2018. In separate announcements this week Freddie Mac sa...
Thu, May 3 2018, 9:10 AM
Moody’s addresses what every LO knows – the next area of “opportunity” in the mortgage market: next area of “opportunity” in the mortgage market : cas...
Tue, May 1 2018, 11:16 AM
Treasury Secretary Steven Mnuchin told Fox Business News on Monday, that changing the current status of Freddie Mac and Fannie Mae is something that h...
Fri, Apr 20 2018, 9:18 AM
Did you know that Wells Fargo gives more assistance and aid to people and communities through its Foundation than any other company in the United Stat...
Thu, Apr 19 2018, 9:11 AM
Rumors continue to swirl about practically every lender out there, and exaggeration is rampant. A company eliminates low producing LOs in Arizona and ...
Tue, Apr 17 2018, 12:27 PM
Fannie Mae's economists remain upbeat about economic growth in the medium term but said on Monday that they see increasing downside risks. In its Marc...
Wed, Mar 28 2018, 2:49 PM
The long-planned Uniform Mortgage-Backed Security (UMBS), designed to replace the current to be announced- (TBA) eligible MBS issued separately by Fan...
Tue, Mar 20 2018, 11:53 AM
Fannie Mae has lowered its forecast for first quarter 2018 growth from 2.9 to 2.8 percent due to " lackluster consumer spending and nonresidential and...
Fri, Mar 2 2018, 9:16 AM
As various parts of the nation are hunkered down due to weather, just think of “2.4 million.” That is a lot of anything, especially when that is how m...
Wed, Feb 21 2018, 9:12 AM
Why couldn’t the sesame seed leave the gambling casino? Because he was on a roll. In an admittedly weak segue, rolls are made in kitchens, and LOs may...
Fri, Feb 16 2018, 12:36 PM
Some people are never happy . For most of the ten years following the start of the Great Recession the experts have focused (can we say harped?) on th...
Thu, Feb 15 2018, 2:04 PM
While the prospect of Fannie Mae and Freddie Mac needing taxpayer money conjures up images of a failing mortgage market requiring a government bailout...
Wed, Feb 7 2018, 9:10 AM
Amazon Go opened its doors in Seattle as the first digital grocery store without any cashiers. (One initially simply downloads an app to use the digit...
Tue, Jan 23 2018, 3:49 PM
Fannie Mae's Economic and Strategic Research Group (ESR) focused on the new Tax Cuts and Jobs Act, passed late last year, in its January Economic Deve...
Fri, Jan 19 2018, 9:00 AM
As if we don’t have enough measures of housing and real estate prices, here’s another one. The RE/MAX National Housing Report tells us what most alrea...
