Tag Archives: Mortgage Lender Sentiment Survey

Continuing a quarterly survey of mortgage executives that initially started in 2014, Fannie Mae has published its latest Mortgage Lender Sentiment Survey for the first quarter of 2022 ...

A Fannie Mae survey found that the demand for both purchase and refinance mortgage hit new highs during Q1 2020.

Mortgage lending standards continued to ease across all types of loans in the third quarter, according to Fannie Mae’s most recent Mortgage Lender Sentiment Survey.

Though they’re on the fence about the benefits for themselves, most lenders surveyed agreed that both changes would be advantageous to consumers. In fact, 76 percent believe that expanding 97-percent LTV loan products will be good for homebuyers, and another 81 percent believe the MIP reduction will be beneficial, too.

In a review of its November survey of senior mortgage executives, Li-Ning Huang, Fannie Mae found that though respondents are concerned about compliance issues and weak borrower demand, most are still optimistic about the year ahead, particularly when it comes to their growth plans.

In a survey of mortgage lenders over the third quarter, Fannie Mae found 85 percent of senior executives believe it would be difficult for most Americans to get a home loan in today's environment, up from 81 percent in the second quarter. To compare, only 50 percent of consumers polled in the company's August National Housing Survey said they think securing a mortgage would be difficult. Lenders were also more sour on their outlook for purchase mortgage demand over the next three months.

In a follow-up piece on the company's inaugural Mortgage Lender Sentiment Survey, Li-Ning Huang, senior manager of Economic and Strategic Research at Fannie Mae, found that most of the lenders surveyed don't plan to change their current strategy in response to January's regulatory changes, with 46 percent saying they plan to "wait and see" what happens in the market before acting.