Fri, Mar 5 2021, 11:54 AM
A new policy paper from the Urban Institute (UI) looks at the recent amendments to the senior preferred stock purchase agreement (PSPA) agreed to by o...
Fri, Feb 26 2021, 9:15 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 16.1 percent in January compared to a 22.4 percent...
Fri, Feb 26 2021, 9:11 AM
Deadlines for COVID-19 related relief for borrowers with Fannie Mae and Freddie Mac (GSE) mortgages were extended by the Federal Housing Finance Agenc...
Mon, Feb 1 2021, 11:08 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 22.4 percent in December compared to a 29.5 percen...
Fri, Jan 22 2021, 9:59 AM
This week Joe Exotic did not receive a presidential pardon, nor did mortgage rates move much versus last week, but there are still over 16 million ref...
Wed, Jan 20 2021, 9:14 AM
Late last week the Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury (Treasury) agreed to amend the Preferred Stock Purcha...
Fri, Jan 15 2021, 10:02 AM
As Flagstar’s Marcus L. points out, “1999 doesn't sound like that long ago until you realize that people with a birth year starting with ‘2’ are start...
Wed, Dec 23 2020, 9:43 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 29.5 percent in November compared to a 25.7 percen...
Fri, Dec 18 2020, 10:44 AM
Freddie Mac is touting its readiness to transition from using the London Interbank Offered Rate or LIBOR to the Secured Overnight Financing Rate (SOFR...
Thu, Dec 17 2020, 1:53 PM
In November, the Federal Housing Finance Agency (FHFA) released a new regulatory capital framework for Fannie Mae and Freddie Mac (the GSEs). At the t...
Wed, Nov 25 2020, 11:47 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 25.7 percent in October compared to a 17.5 percent...
Wed, Nov 25 2020, 9:36 AM
Second only to the excitement of the new phone book coming, the new conforming loan limit is $548,250 for 2021 , up from $510,400 in 2020, and some in...
Mon, Nov 23 2020, 10:02 AM
Sunday morning I was trying to explain to my cat Myrtle how the total cost of rescuing a stranded Matt Damon in all of his films (think Saving Private...
Thu, Nov 12 2020, 11:08 AM
Tried and true has won out over shiny and new, at least when it comes to GSE credit scoring. And at least for the moment. The Federal Housing Finance ...
Fri, Oct 30 2020, 11:54 AM
Both GSEs reported financial results for the third quarter of 2020 that were significantly higher than both their Q2 2020 and their 2019 numbers . Fan...
Tue, Oct 27 2020, 11:00 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.5 percent in September compared to a 27.7 perce...
Tue, Oct 20 2020, 12:04 PM
Mark Calabria, director of the Federal Housing Finance Agency (FHFA) used the annual convention and expo of the Mortgage Bankers Association to announ...
Fri, Sep 25 2020, 9:44 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 27.7 percent in August compared to a 20.0 percent ...
Wed, Sep 23 2020, 3:56 PM
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 GSE...
Fri, Aug 28 2020, 11:13 AM
Both government sponsored enterprises (GSEs) have announced that their nationwide suspension of single-family foreclosures and evictions has been exte...
Thu, Aug 27 2020, 8:16 AM
While the Gulf Coast escaped the threat of two simultaneous hurricane hits, the remaining storm, Hurricane Laura, looks like an historically dangerous...
Thu, Aug 27 2020, 8:07 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 20.0 percent in July compared to a 14.2 percent ga...
Thu, Jul 30 2020, 5:32 PM
Both government supported enterprises (GSE) reported increased profits in the second quarter of 2020 compared to Q1. Fannie Mae said its net comprehen...
Wed, Jul 29 2020, 9:22 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 14.2 percent in June compared to a 5.5 percent gai...
Fri, Jul 24 2020, 9:50 AM
Black Knight notes a slight increase in the number of forbearance plans in effect this week even as the number of forborne loans serviced for the GSEs...
Mon, Jul 6 2020, 9:40 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 5.5 percent in May compared to a 14.3 percent gain...
Thu, Jun 18 2020, 10:43 AM
Freddie Mac's Economic and Housing Research Group says say that, heading into summer, the housing market is rebounding from the COVID-19 pandemic's da...
Tue, Jun 16 2020, 11:11 AM
The Federal Housing Finance Agency (FHFA) released its annual Report to Congress for 2019 on Monday. The report summarizes the FHFA's activities as re...
Tue, Jun 16 2020, 8:54 AM
What? You aren’t offering a 30-year rate below 3% yet? Better catch up, because that is where the mainstream press is telling borrowers rates are. Of ...
Wed, Jun 10 2020, 8:51 AM
Not only are origination staff asking for refreshed marketing efforts as volumes show a tinge of falling off, but how about this note that I received ...
Wed, May 27 2020, 10:58 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 14.3 percent in April, up from a 9.2 percent gain ...
Tue, May 26 2020, 8:43 AM
I doubt if I have ever pressed “7” or “8” on my microwave oven keypad. Speaking of 7 & 8 (I know, a weak segue), originators are keenly aware of what ...
Thu, May 21 2020, 10:13 AM
Maybe all of the talk about ending the GSE's long term incarceration in conservatorship is more than talk this time. Earlier this week both Freddie Ma...
Thu, Mar 26 2020, 12:50 PM
Flexibility seems to be the keyword as government agencies try to adjust to a lot of new realities. The Federal Housing Finance agency has already emp...
Tue, May 19 2020, 8:35 AM
Fannie Mae and Freddie Mac (the GSEs) have taken what each is calling an important step toward ending their 12 years of operating under conservatorshi...
Thu, Apr 30 2020, 6:15 PM
Freddie Mac eked out a positive comprehensive income of $0.62 billion in the first quarter, $1.83 billion less than it posted in the fourth quarter of...
Tue, Apr 28 2020, 9:05 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 9.2 percent in March, up from a 5.5 percent gain i...
Mon, Apr 27 2020, 11:52 AM
Freddie Mac has laid out options that borrowers who have been granted forbearance on its loans have when it comes to repayment. The company's CEO Davi...
Wed, Apr 15 2020, 1:15 PM
The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have made arrangements to share information during the C...
Tue, Apr 14 2020, 10:48 AM
Freddie Mac's Quarterly Forecast is more upbeat than one might expect . While it acknowledges that, with big chunks of the U.S. economy currently in l...
Fri, Mar 27 2020, 9:11 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 5.5 percent in February , up from a 4.3 percent ga...
Thu, Mar 19 2020, 10:41 AM
Freddie Mac is invoking the same types of measures to protect homeowners in the face of the COVID-19 pandemic as it has previously taken in other natu...
Fri, Feb 28 2020, 12:09 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 4.3 percent in January , a substantial change from...
Tue, Feb 25 2020, 12:22 PM
For the purposes of following along with the underlying forces affecting mortgage rates, Freddie Mac MBS essentially never mattered. Fannie had alway...
Wed, Feb 19 2020, 9:57 AM
Everyone is looking to increase production and cut expenses. MI companies, for example, are re-focusing on their highlighting their value proposition ...
Fri, Feb 14 2020, 8:14 AM
Both of the government sponsored enterprises (GSEs) posted strong earnings for the fourth quarter of 2019 as well as for the entire year. They are now...
Mon, Feb 3 2020, 8:57 AM
“I boarded a Southwest flight over the weekend, sat down, sneezed, and muttered something in Mandarin. I had the whole row to myself for entire flight...
Tue, Jan 28 2020, 11:39 AM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 15.2 percent in December, a substantial change fro...
Mon, Dec 2 2019, 10:07 AM
We started this piece by noting that Freddie Mac's economists wrapped up November in an unusually brief summary. Then we realized we had said almost e...
Wed, Nov 27 2019, 2:51 PM
Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 3.0 percent in October, down from 10.7 percent the...
