Selling guide changes at the GSEs should make it easier for some borrowers to qualify for mortgages.
Read MoreFairholme Funds v. FHFA, the only net worth sweep lawsuit to make it to trial, is nearing the end of litigation.
Read MoreFederal Housing Finance Agency Director Bill Pulte recently hinted that Fannie Mae and Freddie Mac might expand their title waiver programs. The effort doesn’t sit well with title insurance...
Read MoreIndustry trade groups are pushing for optimized investment tools, community bankers are warning against systemic risk and housing advocates believe the proposal will allow the GSEs to abandon the...
Read MoreMore than 100 lenders have sought approval to participate in the GSEs’ pilot program for VantageScore 4.0. MBS investors are also seeking measures to prevent gaming, increase data transparency...
Read MoreAlthough the new condo rules have been criticized for being too stringent, GSE executives say many “expansions” have been added to the rules to make them more palatable.
Read MoreEven with the positive news when it came to income, two of the big four underwriters had their earnings outlook slashed, while a third received an upgrade.
Read MoreJuly payrolls fell 23,000 and revisions cut 103,000, while wage growth slowed to 3.2%, sharpening the Fed’s September decision.
Read MoreCombined net interest income at the GSEs has averaged $12.94 billion per quarter over the past year. And since the beginning of 2022, combined net income hasn’t dipped below...
Read MoreLately, whenever I talk to clients, friends, or family across Ontario, I hear the same thing: people are anxious. They’re worried about where interest rates are going, what their...
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