Apartment Loan Securitizations Soar at Fannie
The volume of apartment loans securitized by the Federal National Mortgage Association nearly doubled on a quarter-over-quarter basis.
Credit Scores Rise, As Does Higher LTV Share
After a period of loose lending standards, credit scores have returned to levels similar to those of two decades ago. But a larger share of mortgages have higher loan-to-value ratios.
Office Loans, GSEs Lead Rise in CRE Originations
Quarterly commercial mortgage production moved higher. Office property loans and mortgages acquired by the government-sponsored enterprises led the gain.
Freddie Mac's Total Portfolio Expands
An increase in the Federal Home Loan Mortgage Corp.'s total mortgage portfolio was registered for last month as new business slipped and delinquency fell to the lowest level since 2008.
Freddie Refinances Soar
Although monthly refinances turned lower for Fannie Mae loans, the story was a different one at rival Freddie Mac.
QEs Impact on GSEs
The Federal Reserve's quantitative easing programs contributed to a sharp increase in fee income at the government-sponsored enterprises last year, though subsequent tapering had the opposite effect this year.
Over $1 Billion In Agency MSRs For Sale
Bids are being accepted on two portfolios of mortgage servicing rights with more than $1 billion in agency loans.
GSEs to Lift LTVs, Lower Repurchase Uncertainty
A plethora of positive news about government-sponsored enterprise lending emanated today from the crème de la crème of mortgage conferences.
GSE Mods Ok On FL Loans Delinquent Over 2 Years
Florida borrowers who are more than two years past due on their government-sponsored enterprise mortgages will have an opportunity to modify their loans.
GSE Updates Intended to Loosen Mortgage Credit
Clearer guidelines about when seller-servicers can expect repurchase demands from Fannie Mae and Freddie Mac are intended to help lenders ease up on their own requirements.