Senate Banking Committee Writes to Federal Housing Finance Agency Senator Sherrod Brown (D-OH), Chair of the US Senate Committee on Banking, Housing and Urban Affairs, along with Jack Reed (D-RI), Ron Wyden (D-OR) and Elizabeth...
Read MoreThe Structured Finance Association (SFA) applauded the decision today by the Federal Housing Finance Agency to lower the previously announced UMBS Fee from 50 basis points to 9.375 basis points, a reduction of more than 80...
Read MoreSFA Submits Letter to GSEs in Response to Their Proposed Single-Family Social Index On January 5, 2023, on behalf of our investor members SFA submitted a letter to Fannie Mae and Freddie Mac (the GSEs)...
Read MoreFHFA Releases 2023 Scorecard for Fannie Mae, Freddie Mac On January 4, the Federal Housing Finance Agency (FHFA) released its 2023 Scorecard for Fannie Mae and Freddie Mac. This scorecard focuses on goals that will...
Read MoreOn December 7, Fannie Mae announced it will make enhancements to its automated underwriting system designed to expand mortgage loan eligibility and further simplify the loan process for prospective homebuyers without credit scores. According to Fannie Mae,...
Read MoreA report released December 5 from analytics firm Black Knight, found that 5% of mortgages originated in 2022 are now marginally underwater and 20% are in low equity positions. However, the large equity cushions of mortgages originated prior...
Read MoreThe Wall Street Journal reports that two of the largest nontraded real-estate investment trusts (REITs) have restricted withdrawals after a sharp rise in redemption requests. Though the number of requests is still small, large investors and many...
Read MoreIn 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...
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