GSEs Archive

Principle Reductions Grow

There were several interesting insights published in last week’s report from the Office of the Comptroller of the Currency. In particular, the share of loan modifications that incorporate principle reduction has grown steadily over the last year. Typically an...

The Federal Reserve Stress Test: Residential and Commercial Mortgages

The Federal Reserve has released the conclusions of its “Comprehensive Capital Analysis and Review” (CCAR), also known as the “stress test.”  The Fed tested whether the major banks have enough cash and liquidity to withstand catastrophic losses in a...

Government Home Price Data Shows Growth in Some States

The government price index put out by FHFA that uses Fannie and Freddie loan data on home purchases showed that prices were roughly steady from the 3rd to 4th quarters nationally, slipping only 0.1 percent.  From the 4th quarter...

Mortgage Purchase Applications, Home Prices

Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update discusses mortgage purchase applications and home price....

Successful Homeowners Since 2009

Good news: those who bought homes in 2009 and later have become one of the most successful groups of homeowners. Mortgage default rates have been exceptionally low. Bad news: the loan approval process has become so strict since 2009...