Fannie Mae, Freddie Mac Update Condo and Co-op Unit Policies

National Mortgage News, July 5, 2023-Bonnie Sinnock (subscription)Fannie Mae on Wednesday released criteria for loans on apartments within condominiums and cooperatives that will replace stop-gap measures for buildings with significant …

20 Banks With the Most Subservicing in Q1

National Mortgage News, June 15, 2023 (Complimentary Access)The top five residential servicers in this list have a combined unpaid principal balance of more than $1.8 trillion at the end of …

Prepayment Speeds Were Up 22% in May on Seasonality

National Mortgage News, June 7, 2023-Brad Finkelstein (subscription)Mortgage-backed securities prepayment speeds increased 22% month-to-month in May, but that was largely due to seasonality related to traditional spring buying activity, a …