Secondary

September's increase in mortgage credit availability was driven by the expansion of jumbo products to record levels, which overcame a retrenchment in both conforming and government programs, the Mortgage Bankers Association said.

BX Commercial Mortgage Trust 2019-XL, via Citigroup, features 11 note classes backed by a floating-rate, first-lien mortgage on 406 Blackstone-owned properties with a tenant roster of over 2,000 lessees — including Home Depot, UPS, FedEx and Amazon.

Consumer confidence in the housing market remains relatively strong, but economic uncertainty is testing its resiliency, according to Fannie Mae.

Fannie Mae is cracking down on homebuyer education requirements, particularly for first-time homebuyers and purchasers utilizing high loan-to-value mortgages.

Allowing the mortgage giants to retain profits resolves a short-term capital shortfall, but how much capital they would need after exiting conservatorship is still the bigger question.

The Trump administration's thinking on housing is filled with conflicts and contradictions, a quilt work of at times irrational proposals that seem to be at odds with the real world of mortgage finance.

The commercial mortgage-backed securities sector will weather the fourth quarter's slowing but steady growth in the U.S. economy, as better loan performance counters a continued decline in volume, Morningstar said.

Ginnie Mae's stress testing model was based on large issuers, and does not appear to adequately reflect important qualitative differences between larger and smaller issuers.

Guild Mortgage, which originated loans on some of the first manufactured homes eligible for new lower-rate Fannie Mae financing, anticipates demand for this housing type will continue to grow this year.

Freddie Mac is increasing the number of companies offering merged reports from the credit bureaus through integrations with its Loan Product Advisor automated underwriting system.