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.
Small Multifamily Loan Program Launches
A new agency program that has been created to finance multifamily loans is targeted at smaller apartment properties.
MSR Forward Commitment Up for Bid
A monthly forward commitment offering could work out to mortgage servicing rights on as much as $700 million in agency loans a year.
Strategy for Preserving GSEs
One view of what should be done with Fannie Mae and Freddie Mac is to keep them and make them more useful for consumers.
Freddie Reports Solid August
The Federal Home Loan Mortgage Corp. saw its strongest month this year in new business. It's been more than a half decade since residential delinquency was this low.