Fannie Mae’s sales of reperforming loans are on the rise

Fannie Mae this year has put to market some 100,000 reperforming loans across five offerings with an aggregate UPB of $14.5 billion.

Fannie Mae's sales of reperforming loans are on the rise   Fannie Mae this year has put to market some 100,000 reperforming loans across five offerings with an aggregate UPB of $14.5 billion. And its strategy is quite different than that of Freddie Mac. HW+ Premium Content Wells Fargo reports lower origination volume in Q2   Wells Fargo's retail business in Q3 came in at $32.5 billion in originations, while the correspondent channel produced $16.7 billion worth of mortgages. HW+ Premium Content Experience Groundbreaking Automated Verification of HOI   Best in class workflow automation provider, DataVerify, is now offering automated verification of Homeowners Insurance through a direct connection with Nexsys Clear HOIsm. This breakthrough product can significantly modernize and simplify the mortgage experience for lenders and borrowers alike.   Learn More Here! Sponsored by DataVerify How new analytics can help lenders expand access to mortgage credit   The premise that economic disruptions affect mortgage credit availability in broad strokes, posing a particular challenge for consumers with less-than-perfect credit, has become conventional wisdom. But there are innovative ways for lenders to both reduce uncertainty and keep credit flowing during economic downturns, benefiting both lenders and consumers. Presented by FICO Congress nears deal on key housing bills   As Congress haggles over the topline figure for the social infrastructure deal, a Senate Democrat who chairs the Senate Finance Committee said a key housing provision will make the cut. HW+ Premium Content Total Home Value: Changing the way you view AVMs An AVM is only as good as the way you use it. That's why we developed an AVM that can be tailored to your specific use case based off a single-model methodology, so you get the most accurate AVM with the highest hit rates. Learn More about THV. Sponsored by CoreLogic Mortgage rates hit highest level since April   The average 30-year-fixed mortgage rose seven basis points to 3.05% for the week ending Oct. 14, to its highest level since April, according to Freddie Mac's latest PMMS survey. UWM not quite ready to commit to cryptocurrency payments   United Wholesale Mortgage is testing the waters with cryptocurrency, announcing today that it accepted its first-ever cryptocurrency mortgage payment in September. How COVID-19 changed servicing forever Computershare Loan Services (CLS) addresses topics around the ever-evolving servicing landscape. With deep roots in default sub-servicing and proprietary loss mitigation technology, CLS evolves as the market changes. Learn how they protect clients' portfolios. Watch Now! Sponsored by Computershare Loan Services Goldman Sachs: Home prices will rise another 16% in '22   Home prices may not have reached their peak yet. Not even close. Goldman Sachs economists predict that they'll rise another 16% by the end of 2022. The biggest risk to the housing market right now   What economic factors present the most risk to the housing market for the rest of this year and into 2022? HW+ Premium Content All your Non-QM & Jumbo Lending Solutions in One Place As one of the largest independent Non-QM specialty finance lenders, Acra Lending offers a complete suite of programs designed specifically for Self-Employed, Investor, and Foreign National borrowers. Let Acra be your SOLUTION & partner with us today! Learn More! Sponsored by Acra Lending HousingWire, 433 East Las Colinas Blvd., Suite 830, Irving, TX 75039, (469) 893-1480 Manage preferences

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