With the release of Fannie Mae’s most recent Home Purchase Sentiment Index, it seems consumers have mixed feelings on the outlook of today’s housing and economic markets.
Read More »Freddie Mac’s Mortgage Portfolio Sees More Contraction
The unpaid balance of the GSE's mortgage-related investments portfolio is now well below its required call for the full year of 2016.
Read More »May Brings Further Contraction for Fannie Mae’s Portfolio
The aggregate UPB of Fannie Mae's gross mortgage portfolio has shrunk by more than 50 percent in the last six years.
Read More »Low Rates Level Rapid Home Price Appreciation
Low mortgage rates are taming rapidly rising house prices and keeping homeowners from overleveraging themselves, according to Freddie Mac.
Read More »Stakeholders Urge Watt to Reduce LLPAs and G-Fees
A group of 26 stakeholders in the housing industry has written a letter to FHFA Director Mel Watt asking him to either reduce or eliminate loan-level price adjustments (LLPAs) and guarantee fees charged by the Fannie Mae and Freddie Mac.
Read More »Lawmakers Not Giving Up on GSE Reform
The bill, called the HR 5505 GSE Review and Reform Act, would require the U.S Treasury Secretary to study the Federal Housing Finance Agency’s conservatorship of Fannie Mae and Freddie Mac annually.
Read More »Chase RMBS Purchase Doesn’t Foretell of Industry Trend
JPMorgan Chase's recent $1.9 billion residential mortgage-backed security (RMBS) transaction may not spur demand for similar transactions from other banks in the next few years for several reasons, according to a report from Moody’s Investors Service.
Read More »SFR Securitizations Reap Benefits of Falling Homeownership
A drop in first-time homeownership in the U.S., due to the lack of affordable housing, has given single-family rental (SFR) securitizations a credit positive boost.
Read More »First Mortgage Settles SEC RMBS Fraud Charges
California-based First Mortgage Corporation, a lender that issued Ginnie Mae RMBS backed by loans it originated, has agreed to pay $12.7 million to settle fraud charges brought on by the SEC.
Read More »Bank of America Directs Relief to Hardest Hit Areas
Under the terms of its 2014 RMBS settlement, Bank of America is continuing to provide relief to consumers in the areas most affected by the foreclosure crisis.
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