The Redesigned URLA Is Coming Jan. 1. Are You Ready?

Fannie Mae and Freddie Mac (the GSEs) will ring in the New Year by starting to accept the redesigned Uniform Residential Loan Application (URLA) and updated automated underwriting system (AUS) loan application submission files based on MISMO v3.4.

The Redesigned URLA Is Coming Jan. 1. Are You Ready?

Fannie Mae and Freddie Mac (the GSEs) will ring in the New Year by starting to accept the redesigned Uniform Residential Loan Application (URLA) and updated automated underwriting system (AUS) loan application submission files based on MISMO v3.4.

FHFA Holds 2021 Deemed-Issuance Ratio for UMBS at 60/40

The Federal Housing Finance Agency announced the deemed-issuance ratio for the 2021 calendar year in accordance with Internal Revenue Service guidelines on trading of the Uniform Mortgage-Backed Security will remain unchanged in 2021 at 60 percent Fannie Mae and 40 percent Freddie Mac.

FHFA Holds 2021 Deemed-Issuance Ratio for UMBS at 60/40

The Federal Housing Finance Agency announced the deemed-issuance ratio for the 2021 calendar year in accordance with Internal Revenue Service guidelines on trading of the Uniform Mortgage-Backed Security will remain unchanged in 2021 at 60 percent Fannie Mae and 40 percent Freddie Mac.

Industry Briefs Nov. 25, 2020

The Federal Housing Finance Agency released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2020.

Absent Inventories, Home Prices Continue to Soar

November saw no letup in the S&P CoreLogic Case-Shiller Home Price Indices, with home prices nationwide jumping by 7 percent annually. And the Federal Housing Finance Agency said it was even more, rising by nearly 8 percent.