GSEs

Lenders have the most consumer-facing role in the mortgage industry. By adopting three cultural adjustments, they can introduce more diversity into the workforce and create sustainable businesses and stronger communities.

Home purchase sentiment fell for the third straight month in October, reflecting the uncertainty consumers face, according to Fannie Mae.

Since the government-sponsored enterprises began experimenting with both frontend and backend deals in which part of the credit risk is shared with third parties, investors have been watching carefully.

Hiring by independent mortgage firms accelerated in September after a slowdown in the prior month.

Fannie Mae's new representation and warranty relief offers lenders a long-awaited incentive to use its automated loan validation technology. But is it enough for lenders to make the necessary technology updates and process changes to implement the tools?

The agency released a plan last week that would stipulate that newly constructed homes financed by the Federal Housing Administration would have to be elevated two feet above the 100-year-based flood level.

Mortgage rates increased 7 basis points to their highest level since late June, the largest one-week gain in more than six months, according to Freddie Mac.

A new refinance mortgage offered by SoFi and Fannie Mae lets consumers tap into their home equity to pay down student loan debt at terms more favorable than a traditional cash-out refi.

Freddie Mac's credit risk transfers come with a hefty price tag, but are ultimately still worth it, according to Chief Executive Don Layton.

Freddie Mac's net income rose to $2.3 billion in the third quarter, a big turnaround from the same point last year, when it lost $475 million due to derivative hedging instruments.

Courting borrowers with past bankruptcies might not cross most loan officers' minds as the best strategy for building business, but Guaranteed Rate's Danielle Young doesn't let borrowers' past blemishes intimidate her.

Commercial mortgage originations increased 5% in the third quarter compared with the same period last year, driven by a huge increase in government-sponsored enterprise volume.

The mortgage industry is welcoming the Obama administration's possibly final word on housing finance reform, hoping it will serve as guidepost for the future.

Both Fannie Mae and Freddie Mac failed to achieve their low-income and very low-income single-family home purchase goals for 2015, the Federal Housing Finance Agency annual housing report said.

Mortgage rates slipped from last week's spike and the 30-year fixed-rate mortgage eased back to its summertime range below 3.5%, according to Freddie Mac.

Arch Capital Group's mortgage insurance business had underwriting income of $37.4 million in the third quarter, an increase of 119% compared with the $17.1 million one year prior.

The Freddie Mac Multi-Indicator Market Index for August was up 5.4% over the same month last year, driven by its purchase component, which had an 18.6% increase.

Fannie Mae is planning to provide relief to lenders from potential buybacks for loans in which the borrower's income, assets and employment information have been validated through automated underwriting.

Equifax Workforce Solutions has been selected as a designated vendor for Fannie Mae's Desktop Underwriter validation service.

Lenders will get a reprieve from the threat of some mortgage-related penalties under a new program announced by housing-finance giant Fannie Mae on Monday.