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.
Investors Lose First Round in GSE Lawsuits
Speculators who picked up shares of Fannie Mae and Freddie Mac in order to sue the government were dealt a blow.
Fannie Revising 3rd-Party Asset Verification Policy
The Federal National Mortgage Association is changing its policy on the utilization of third parties to verify assets.
Fannie Drives Up Agency MBS Issuance
September turned out to be the best month so far this year for issuance of agency mortgage-backed securities thanks to a surge in activity at Fannie Mae.