Fannie Mae executes CIRT deals on $31B of single-family loans
Fannie Mae announced two CIRT transactions that mitigate risk on $31.8 billion of UPB and follow 11 CIRT deals by the GSE in 2022.
Fannie Mae announced two CIRT transactions that mitigate risk on $31.8 billion of UPB and follow 11 CIRT deals by the GSE in 2022.
First-time homebuyers might want to look more closely at what they pay for government-sponsored enterprise versus Federal Housing Administration loans. That’s one outcome of a new pricing grid going into effect at the government-sponsored enterprises and an annual premium cut at the Federal Housing Administration, both of which are aimed at giving borrowers with lower … [Read more…]
A new report from the FHFA outlines figures for foreclosure assistance, loan delinquency and forbearance rates and GSE-owned inventory.
The Federal Housing Finance Agency has released milestone dates for a process that would update consumer credit measures used in mortgage underwriting, make the use of various sources more competitive and potentially extend lending to more borrowers. The process, which is set to start next year, will be inclusive of mortgage companies and others affected … [Read more…]
Despite curtailing its non-qualified mortgage volumes in 2022, Impac expects to originate more non-QM products in the broker channel. Additionally, the non-agency originator has decided to wind down its operations in the third-party originations (TPO) channel, citing significant volume and margin deterioration in 2022. Impac said it will continue to “honor its pipeline and related … [Read more…]
The CHLA report rebuts the myth that âIMBs are unregulated” by listing the raft of consumer regulations that apply to IMBs.
Impac Mortgage Holdings is repositioning itself as a mortgage brokerage and voluntarily giving up its seller-servicer designation with Fannie Mae and Freddie Mac.
Guaranteed Rate rolls out program to approve loans within 24 hours HousingWire
Experian announced on Wednesday that lenders can now access its product, Experian Verify, through Freddie Macâs Loan Product Advisor asset and income modeler (AIM).