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Freddie Updates Appraisal Requirements
Updates are being made to the Federal Home Loan Mortgage Corp.'s appraisal policies. The change is being made to streamline requirements.
5-Month High for GSE Refinances
The volume of government-sponsored enterprise loans that were refinanced ascended to the highest level in five months -- though government supported refinances remain weak.
GSE G-Fees Decline
Driven by competitive market pressures, average guarantee fees charged by the government-sponsored enterprises for residential loans rose last year.
Small Portfolio of GSE MSRs On the Market
Investors hungry for servicing have an opportunity to buy mortgage servicing rights on nearly $200 million in government-sponsored enterprise loans with a Golden State concentration.
Over $3 Billion in GSE Mortgages for Sale
More than $3 billion in reperforming and non-performing government-sponsored enterprise mortgages are being marketed for sale to the highest bidder.
GSE MSRs Up for Auction
Bids are being taken for mortgage-servicing rights on more than a half-billion dollars in government-sponsored enterprise residential loans.
Mortgage Credit Conditions Best in Nearly Decade
Home lenders have made it easier to qualify for a mortgage for four consecutive months. The latest gain was enough to put credit conditions at their loosest level in nearly a decade. Conventional and conforming saw the biggest month-over-month easing.
MSRs Being Auctioned on Over $300 Mil in GSE Loans
An offering of mortgage servicing rights on more than $300 million in government-sponsored enterprise loans has a concentration in the Golden State.
Over $800 Million in Freddie Mac Loans Sold
More than $800 million in slightly past due and reperforming mortgages have been sold through an auction by the Federal Home Loan Mortgage Corp.
September's Agency MBS Issuance Slows
A retreat from a month earlier in the securitization of agency home loans was eclipsed by a tumble compared to the monthly issuance of a year earlier.
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