Trump administration officials respectively said Wednesday that Fannie Mae and Freddie Mac are “definitely ready” for a stock offering within a certain range and a conservatorship exit is an eventual goal. Processing Content Federal Housing Finance Agency Director Bill Pulte told Fox Business News that the GSEs could stage a secondary sale of 2.5-5% equity […]
GSE ‘IPO’ ready for 2.5-5% initial sale if Trump OKs: Pulte Read More »
Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now During 2025, the normal caution that usually accompanies matters of finance was suspended. Many stocks and asset classes from AI to crypto tokens achieved lofty heights based upon less than realistic appraisals much
Urban multifamily looks like the new subprime Read More »
Newly released documents from a Biden-era Freedom of Information Act filing by the Housing Policy Council are reigniting debate over credit score modernization at Fannie Mae and Freddie Mac, showing internal resistance to VantageScore 4.0 and skepticism about using a single credit report. Processing Content HPC highlights two takeaways from the redacted FOIA responses: that
Calls to rethink FHFA credit changes grow with FOIA reveals Read More »
Economic trends look to be a primary driver in growth of the home equity investment segment, which is seeing investor interest and liquidity enter the market in the new year but also ongoing legal obstacles. Processing Content Current housing costs are paving the way for consumer uptake. In a survey conducted last summer by HEI
HEIs see boost from investors but also legal setbacks Read More »
A public stock offering for the government-sponsored enterprises remains on the table this year, but it is not the only path under serious consideration, according to Federal Housing Finance Agency Director Bill Pulte and industry survey results that align with NMN’s earlier reporting. Processing Content “There are very strong odds” of a GSE stock
Pulte: GSE stock move odds ‘strong,’ but ‘we don’t have to’ Read More »
As Two Harbors Investment moves toward its sale to UWM Holdings, the mortgage REIT posted another quarterly GAAP loss and fell short of Wall Street’s earnings expectations, even as results improved sharply from a settlement-driven stumble earlier in the year. Processing Content The net loss of $1.3 million was much improved from the third
Two Harbors misses estimates as UWM deal nears Read More »
The Consumer Financial Protection Bureau wants to make it more difficult for Americans to file complaints against the three major credit repositories, the National Consumer Law Center alleges. Processing Content This effort could carry over to other products covered by the complaint portal, the organization added. “Last year, consumers filed nearly five million complaints with
CFPB accused of siding with credit bureaus on complaints Read More »
Nearly three quarters of lenders expect mortgage volume to improve in 2026, but their confidence is concentrated in refinancings and home equity lending. Processing Content Those expectations from the National Mortgage News Predictions 2026 survey, which was fielded online during November and December among 156 mortgage-industry professionals. More than half, 55% of respondents, work at
Lenders predict 2026 rebound led by refis and home equity Read More »
Long-standing plans at Ginnie Mae to enable loan-level servicing transfers in its mortgage-backed securities could move faster this year under its President Joseph Gormley. Processing Content “Ginnie Mae is increasing the velocity of the initiative to evolve its security platform from pool-level operation to loan-level,” the government guarantor wrote in its annual report, calling this
Ginnie Mae speeds up loan-level MBS overhaul Read More »
UAD 3.6, a sweeping overhaul of how residential appraisals are reported to Fannie Mae and Freddie Mac, becomes available to all lenders on Jan. 26. The rollout comes even as many lenders are still sorting out what the change will mean for their appraisal workflows, systems and timelines. Processing Content The new standard replaces UAD
UAD 3.6 is live, but many lenders aren’t ready Read More »