The debate around Property Assessed Clean Energy (PACE) programs is heating up with the Federal Housing Administration (FHA) announcement permitting FHA-insured mortgages on some PACE-assessed properties.
Read More »HARP Volumes Shrink as Refi Numbers Retreat
The number of mortgage loans backed by Fannie Mae and Freddie Mac that refinanced reversed course in July, declining after three months of gains as mortgage rates hover slightly above record lows.
Read More »The Conservatorship, Eight Years Later
The FHFA's conservatorship of Fannie Mae and Freddie Mac, which were intended to be temporary, reached their eight-year anniversary on Tuesday, September 6.
Read More »FHFA Extends HARP, Rolls Out High LTV Refi Option
The FHFA announced on Thursday that it will extend its Home Affordable Refinance Program (HARP) another nine months, and the agency will also be offering a new streamlined refinancing option for high LTV borrowers.
Read More »Stress Tests Show GSEs Would Need Another Bailout
Under severely adverse economic conditions applied by the Dodd-Frank Stress Tests, Fannie Mae and Freddie Mac are projected to need another taxpayer-funded bailout.
Read More »G-Fees Level Off After Years of Rising Sharply
The FHFA's annual report on the progress of the GSEs' guarantee fees found that the fees are more stable due to lower credit risk on new acquisitions.
Read More »Is Home Price Appreciation Decelerating?
Home prices have appreciated at a rapid pace for much of the last four years, but that pace slipped slightly in May. Are the forecasts of the deceleration of home price appreciation coming true?
Read More »HARP Delinquency Rates Lower Across the Board
Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.
Read More »The Week Ahead: Will Housing Starts Restart?
Housing starts were flat in May after showing signs of resuscitation in April. What will the housing starts report look like for June? The industry will find out on Tuesday, July 19.
Read More »FHFA Reports Progress on Single Security Initiative
According to the FHFA, the GSEs intend to begin implementing the Common Securitization Platform software later this year.
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