Vice Capital Markets has integrated Fannie Mae’s new Loan Pricing application programming interface into its portal. The new interface is designed to simplify loan pricing by providing a complete set of options directly from Fannie Mae, including base prices, service release premiums, and national LLPAs. Any internal pricing adjusters are also included. “The Loan Pricing…
By CHUCK GREEN and KIMBERLEY HAAS The fate of Fannie Mae and Freddie Mac is being debated as the new Trump administration lays out its priorities for the next four years. Let’s start analyzing the situation by looking back in time. In 2008, Fannie Mae and Freddie Mac were in trouble. In fact, without government…
Mortgage rates sank more than 10 bps last week, but buyers are souring on the housing market as they’re battered by economic uncertainty and unaffordability. Officials at Freddie Mac reported Thursday that the 30-year fixed-rate mortgage averaged 6.63%, down from the week prior’s 6.76%. This is their lowest point since September 2024 and the seventh…
Mortgage applications hit their slowest pace since the beginning of 2025, reversing an upward trend. The Mortgage Bankers Association’s weekly survey shows that the adjusted Market Composite Index — a measure of mortgage loan application volume — slipped by 6.6% last week, negating the week prior’s 2.3% increase. Adjusted purchase applications slipped by 6%, while…
Former Fannie Mae exec Andrew Bon Salle has been named to Mr. Cooper’s board of directors, effective January 1, the company announced. Bon Salle brings more than three decades of capital markets, risk management, and mortgage policy leadership experience to the position. “I am thrilled to join the Mr. Cooper Group board and contribute to…
By ERIN FLYNN JAY Officials in Canada announced over the weekend that the boldest mortgage reforms in decades have gone into effect in their country. According to a press release from the Department of Finance Canada, the federal government is taking significant action to make the housing market fairer for every generation. “Canadians work hard…
Blue Sage Solutions is now the first LOS to fully integrate Fannie Mae’s Income Calculator. This is an API-enabled integration, fully initiated from the LOS, that streamlines income calculation for self-employed borrowers or those with income from business ownership. With this data, lenders can now get faster, more accurate mortgage approvals. Fannie Mae offers rep…
By KIMBERLEY HAAS Industry leaders are discussing what a potential release from conservatorship might look like for Fannie Mae and Freddie Mac under Trump’s second term. At the AEI Housing Center conference held in Washington, DC, the topic came up during a panel discussion on housing priorities for the new administration. Michael Calhoun, president of…
Consumers were feeling a little better about the housing market in October, but remain pessimistic overall. Only 20% of consumers believe it’s a good time to purchase a home, according to Fannie Mae’s Home Purchase Sentiment Index. The October HPSI increased by 0.7 points to 74.6, its highest level since February 2022 and a decent…
Fannie Mae changed its requirements for appraisal alternatives, a way to help reduce costs for borrowers, while Freddie Mac expanded access to repurchase loans. For purchase loans for primary residences and second homes, the eligible LTV ratios for Value Acceptance will increase from 80% to 90% and Value Acceptance + Property Data will increase from…
End of content
End of content
Before You Go, Get the Latest News and UPDATES!
Stay Tuned!