Housing Wire

JULY 18, 2024

The Federal Housing Administration (FHA) this week published a new proposed policy for the Home Equity Conversion Mortgage ( HECM ) program, which would update the way debenture interest rates for HECM loans operate. Debenture interest refers to the percentage of a return that an investor would receive for lending money through a debenture.

Mortgage 416

Mortgage Design Insurance Lending 416

Housing Wire

MARCH 22, 2022

On the heels of completing its first credit insurance risk transfer (CIRT) deal of the year in early March, Fannie Mae has announced that it has executed two additional CIRT deals. . billion of mortgage credit risk to private insurers and reinsurers. “We billion reference pool of single-family mortgages. If that $65.3

Insurance 370

Insurance Mortgage Real Estate Investors 370

Housing Wire

JULY 29, 2022

million note offering backed by a reference pool of single-family mortgages valued at $20.4 This latest CAS transaction, CAS 2022-R08, involves a reference pool of 67,644 single-family mortgage loans. trillion in single-family mortgage loans, measured at the time of the transaction. The offering is slated to close Aug.

Insurance 384

Insurance Investors Mortgage Design 384

Housing Wire

MAY 17, 2021

Despite heightened investor uncertainty during the onset of the pandemic, GSE-backed mortgages have outperformed expectations, the report notes. As the credit risk coverage is depleted, the remaining mortgages in the pool tend to be the most risky. The unpaid principal balance of CRT transactions’ underlying mortgages was $1.7

Investors 407

Investors Insurance Mortgage Finance 407

Housing Wire

AUGUST 31, 2022

Freddie Mac notched record credit-risk transfer (CRT) issuances of some $15 billion during the first half of this year, protecting $358 billion in single-family mortgages. billion, protecting $151 billion in single-family mortgages. For the second quarter alone, Freddie Mac also posted record CRT issuance of $6.5

Insurance 370

Insurance Investors Mortgage Design 370

Housing Wire

FEBRUARY 3, 2022

billion note issued against a reference loan pool of 190,774 residential mortgages with an outstanding principal balance of $33.6 billion note against a reference pool of 143,889 single-family mortgages valued at about $45 billion. Freddie Mac’s CRT program was founded with its issuance of the first STACR notes in July 2013.

Insurance 384

Insurance Investors Government Mortgage 384

Appraisal Buzz

AUGUST 19, 2024

Boesel, who holds the position of Principal Economist in the Office of the Chief Economist at CoreLogic responsible for analyzing and forecasting housing and mortgage market trends, including the single-family rental market. Boesel is a frequent speaker at leading industry events and contributor to several industry publications.

Real Estate 221

Real Estate Legal Development Investors 221

Housing Wire

MARCH 21, 2022

Fannie Mae is off to steady start on its path toward issuing $15 billion in notes this year through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC. billion note offering backed by a reference loan pool of 150,395 primarily single-family mortgages valued at $44.4

Investors 370

Investors Insurance Valuation Mortgage 370

Housing Wire

JANUARY 11, 2022

Fannie Mae opened 2022 with its 45 th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013. trillion. . In October, the agency made a $1.2

Investors 410

Investors Valuation Government Mortgage 410

Housing Wire

APRIL 8, 2022

billion secured by single-family mortgage reference loan pools valued in total at $121.5 billion note backed by a reference loan pool of 140,950 residential mortgages with an outstanding principal balance of $42.9 billion note against a reference pool of 143,889 single-family mortgages valued at about $45 billion. .

Valuation 384

Valuation Investors Mortgage Insurance 384

Appraisal Buzz

JULY 17, 2024

Meanwhile, several looming threats could potentially pull out the cushion completely, including rising “hidden” homeownership costs of insurance and property taxes in many markets, rising delinquency rates for consumer debt such as credit cards and auto loans, and falling values and rising defaults in segments of the commercial real estate market.

Appraisal 221

Appraisal Reconsideration of Value Property Taxes Modernization 221

Housing Wire

SEPTEMBER 21, 2021

The company said it expects to transfer mortgage credit risk via its Connecticut Avenue Securities and Credit Insurance Risk Transfer programs. The CRT structure, which Freddie Mac pioneered in 2013, shifts a portion of the risk of credit losses on the mortgages they back onto investors.

Investors 441

Investors Insurance Finance Business 441

Housing Wire

JUNE 7, 2022

million note offering backed by a reference pool of single-family mortgages valued at $25 billion. The latest transaction, CAS 2022-R06, involves a reference pool of 83,420 single-family mortgage loans. . Fannie Mae is unveiling its sixth Connecticut Avenue Series (CAS) credit-risk transfer deal of 2022, a $754.4

Insurance 397

Insurance Investors Mortgage Tools 397

Housing Wire

NOVEMBER 17, 2021

Written by an independent third-party auditing firm, the study produces a net present value of the total FHA forward and reverse mortgage portfolios. In fact since 2013, as reported in the FHA report to Congress, the average home in America has risen in value by 79.09%. They range between GNMA investor confidence to past history.

Insurance 397

Insurance Mortgage Bracketing Government 397