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FHFA issues final rule on commingled securities for GSEs

Housing Wire

The final rule is primarily related to guarantees on commingled securities, multifamily mortgage exposures secured by properties with government subsidies and derivatives and cleared transactions. 1, 2024, but certain provisions on derivative contracts, and cleared and collateralized transactions go into effect on Jan.

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DataDigest: Goldilocks and the big IMBs

Housing Wire

The biggest nonbank mortgage lenders in America saw improved performance in both origination and servicing segments in the second quarter, capitalizing on the continued mortgage pullback from banks. As we’ve reported, that trend looks sticky, which could help change the fortunes of top independent mortgage banks sooner than expected.

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