Archive for Fannie Mae

GSE’s Home Purchase Sentiment Index Drops A Bit

Posted by Michael Bates on August 08, 2017

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 1.5 percentage points in July to 86.8, after matching its all-time high in June. The company says the decline can be attributed to decreases in three of the six HPSI components. [Read More]

Tech Provider Nets Day 1 Certainty Authorization

Posted by Michael Bates on August 08, 2017

SharperLending LLC says its 4506-T tax return verification system has been authorized by Fannie Mae as a Desktop Underwriter validation service provider for the Day 1 Certainty program. With SharperLending, mortgage lenders that order a 4506-T tax return verification can [Read More]

Steve Thomas: 20 Years Strong, MPF Program Continues to Build on Its Success

Written by Patrick Barnard on July 27, 2017

The Mortgage Partnership Finance program, originally formed as a business line of the Federal Home Loan Bank of Chicago, has increased dramatically in the post-recession era.

Fannie Mae: Slowdown Likely in Second Half

Posted by Michael Bates on July 19, 2017

Expectations for 2017 economic growth remain at 2.0% amid a projected second-half slowdown, according to the Fannie Mae Economic & Strategic Research (ESR) Group’s July 2017 Economic and Housing Outlook. With the expansion having entered its ninth year, incoming data [Read More]

Black Knight’s Empower LOS Verified by GSEs

Posted by Amanda Fava on July 07, 2017

Black Knight Financial Services Inc. has announced that its LoanSphere Empower loan origination system (LOS) has been verified by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac to generate Uniform Closing Dataset (UCD) files. The company says Empower is a [Read More]

Fannie Mae’s HPSI Shows Record-High Housing Sentiment

Posted by Amanda Fava on July 07, 2017

Fannie Mae’s Home Purchase Sentiment Index (HPSI) increased 2.1 percentage points in June to 88.3, matching the all-time high from February of this year, according to the government-sponsored enterprise (GSE). The GSE says the rise can be attributed to increases [Read More]

Visionet’s CD2UCD Added to Fannie Mae’s UCD Solution

Posted by Amanda Fava on June 30, 2017

Visionet Systems, a provider of technology solutions and business process outsourcing services, has completed file validation to enable submission of electronic loan data to Fannie Mae’s Uniform Closing Dataset (UCD) collection solution. According to Visionet, its CD2UCD simplifies the delivery [Read More]

Mortgage Lenders Easing Credit Standards Amid Volume Competition

Posted by Amanda Fava on June 26, 2017

More mortgage lenders say they have eased credit standards recently and expect further easing in the coming months, according to Fannie Mae’s second-quarter 2017 (Q2 2017) Mortgage Lender Sentiment Survey. Overall, the share of lenders reporting they have eased mortgage [Read More]

DocMagic Tech Is Ready For Both Phases Of UCD Implementation

Posted by Michael Bates on June 21, 2017

DocMagic Inc., a provider of document production, automated compliance and e-mortgage services, says its technologies are now capable of supporting both phases of the upcoming Uniform Closing Dataset (UCD) requirement. The company’s technology solutions, which have been certified by Fannie [Read More]

Fannie Mae Provides Updated Economic Forecast

Posted by Michael Bates on June 19, 2017

According to the Fannie Mae Economic & Strategic Research Group’s June 2017 Economic and Housing Outlook, the current economic expansion is forecast to continue, with full-year growth at 2% for 2017. “This month marks the eighth anniversary of the U.S. [Read More]

Goldman Sachs, Balbec Capital Among Latest NPL Sale Winners

Posted by Michael Bates on June 12, 2017

Government-sponsored enterprise (GSE) Fannie Mae has announced that MTGLQ Investors (Goldman Sachs), Igloo Series III Trust (Balbec Capital LP) and Rushmore Loan Management Services LLC are the winning bidders for its 10th nonperforming loan sale. According to the GSE, the [Read More]

Fannie Mae: Growth In Purchases Won’t Be Enough To Offset Drop In Refis In 2017

Written by Patrick Barnard on January 27, 2017

Applications for refinances could fall as much as 45%, Fannie Mae’s economist team forecasts.