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Procedural limits on condo originations aimed at preventing issues like the Surfside building collapse have frustrated lenders, who will see if this helps.
December 6 -
The 30-year average declined for the fifth consecutive week, as purchase demand picking up at the same time, according to Freddie Mac.
November 30 -
Instead of buybacks, performing loans could be subject to fees related to defect rates, with some exceptions made for small lenders that deliver a limited volume of mortgages.
November 16 -
He will take over the role from current non-executive chair Sara Mathew, who's allowed time on the government-sponsored enterprise's board is expiring.
November 7 -
Like its competitor Fannie Mae, the enterprise's earnings were higher year-over-year but recorded a quarterly decline in part due to a legacy shareholder lawsuit.
November 1 -
Lenders will be adjusting to new mandates regarding mortgage applicants that don't have payments for education debt on their credit reports.
September 11 -
Michael DeVito has been able to grow the government-sponsored enterprise's net worth, but at the current pace and without a rule change, it could take 10 years to build enough capital to exit conservatorship.
September 8 -
The government-sponsored enterprises have consistently earmarked some distressed loans for community, nonprofit and minority investors. Certain Democrats want more.
August 29 -
The 30-year average jumped for the fifth week in a row and is likely to continue trending upward, economists say..
August 24 -
Some respondents reprised calls for a return to more flexible capital rules and portfolio-level cross-subsidization. Others see danger in such a move.
August 17