In a report from Apartment List Research Team, the national average of rents fell for the third consecutive month, this time by 1% which represents the largest decrease in one month since 2017. Builders are adding supply...
Read MoreThe Economic and Strategic Research (ESR) Group at Fannie Mae released its report for 2023 and beyond, highlighting the Q3 2022 strength in net exports along with expected declines in residential fixed and business investment. The report...
Read MoreOn November 29, the Federal Housing Finance Agency (FHFA) announced it will increase the conforming loan limit values for mortgages backed by Fannie Mae and Freddie Mac in 2023 to reflect the rapid appreciation in home prices...
Read MoreThe Wall Street Journal reported that large banks, the Federal Reserve, foreign investors, and money managers have all cut purchases of mortgage bonds, contributing to the rise in the 30-year fixed mortgage rate (recently above 7%) for...
Read MoreFannie Mae interim CEO David Benson announced November 8 that Fannie Mae is anticipating declines in home values to reach 1.9% for the second half of 2022 and 1.5% in 2023. Additionally, in anticipation of the home...
Read MoreOn October 24, the Federal Housing Finance Agency (FHFA) approved two credit score models, the FICO 10T, and the VantageScore 4.0, for use by Fannie Mae and Freddie Mac. Additionally, the GSEs will require two,...
Read MoreOn October 24, the Federal Housing Finance Agency (FHFA) announced it will make changes to Fannie Mae and Freddie Mac's guarantee fee pricing by eliminating upfront fees for certain borrowers and affordable mortgage products. FHFA...
Read MoreFannie Mae has once again reduced its mortgage origination forecast in its latest U.S. economic outlook report. The GSE now expects total single-family home sales to slow by 18.1% relative to 2021, a further downward revision...
Read MoreNew Home Construction Starts Slow as Builders’ Confidence Shrinks The impact of plummeting buyer interest, cancelled contracts, inflation and continuing labor shortages showed again in the National Association of Home Builders’ Housing Market Index (HMI)...
Read MoreJune Report Shows First Housing Market Inventory Increase in Three Years As the overheated housing market demand cools off amid rapid interest rate and price increases, the June report from Redfin came in with a...
Read MoreStructured Finance Association Provides Recommendations on ABS Climate Disclosures in Letter to SEC Tailored climate disclosure for ABS required; SFA developing securitization framework Today, the Structured Finance Association (SFA) submitted a letter to the U.S....
Read MoreStructured Finance Association Statement on New Basis Point Guarantee on UMBS Collateral The Structured Finance Association (SFA) is gathering market feedback on the new upfront 50 basis point cross-collateral guarantee on Uniform Mortgage-Backed Securities (UMBS)...
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