GSEs Archive

Lower Limits Could Affect Markets

In early September, the Federal Housing Finance Agency (FHFA), the entity that oversees Freddie Mac and Fannie Mae, gave notice that it would revise the conforming loans limits in an attempt to stimulate the private sector, specifically the private...

Restarting Mortgage Finance: Step 1

Recently the Consumer Financial Protection Bureau (CFPB) released a much anticipated rule that finally gets the ball rolling on reform of the mortgage finance industry. Investors fled the market following the housing bust, reducing the flow of financing to...

Current Lending Patterns Don’t Reflect Performance

The delinquency rate measured 12 months after origination has improved dramatically on mortgages backed by Fannie Mae and Freddie Mac. According to the FHFA’s first quarter report on the enterprises, the 12-month delinquency rate is now back to 2002...

Generational Low Mortgages

We all know about the current historic low mortgage rates.  Today’s report from Freddie Mac survey indicated a 3.55 percent average on a 30-year fixed rate mortgage.  Sometimes it is worth reviewing past data, particularly for the younger generation,...

Tight Credit and Slow Lending Continue to be a Problem

One of the most frequent comments by Realtors® responding to the latest RCI survey was a concern over unreasonably tight credit conditions, as discussed in the June 2012 edition of the Realtors® Confidence Index.   Respondents indicated that credit conditions...