Colonial Mortgage

Fannie/Freddie Allowed to Keep More Capital (Again). Late last week the Federal Housing Finance Agency(FHFA) and the U.S. Department of the Treasury (Treasury) agreed to amend thePreferred Stock Purchase Agreements (PSPAs) which govern the required distributionof dividends to Treasury from the government sponsored enterprises (GSEs)Fannie Mae and Freddie Mac. The amendments will bring the amount of capital... More here - http://www.mortgagenewsdaily.com/01192021_gse_conservatorsh

Life's most persistent and urgent question is, 'What are you doing for others? #MLKday2021

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Philly Fed Manufacturing "growth was less widespread" in December, Kansas City Fed "Activity Expanded Further". From the Philly Fed: December 2020 Manufacturing Business Outlook Survey Manufacturing activity in the region continued to grow, but growth was less widespread , according to firms responding to the December Manufacturing Business Outlook Survey. The survey's current indicators for general activity, new orders, and shipments remained positive for the... More here - http://www.mortgagenewsdaily.com/aroundtheweb/962839.aspx

Refi Applications Highest Since March. Itwas a typical first-work-week-after-the holiday bounce for the mortgage indexes,although the surge was significantly more restrained than last year. Perhaps thenation was otherwise distracted. TheMortgage Bankers Association (MBA) said its Market Composite Index, a measureof mortgage loan application volume, increased 16.7 percent on a seasonallyadjusted basis during the week ended... More here - http://www.mortgagenewsdaily.com/01132021_applications_forb

Mortgage Application Volume Fell Sharply at the End of 2020. The MortgageBankers Association (MBA) resumed reporting on mortgage applications todayafter a two-week holiday hiatus. Information on mortgage volume during the weekended December 31 is reported relative to the previous report covering the weekended December 18 but information on mortgage rates and application shares by loantypes are compared to the week... More here - http://www.mortgagenewsdaily.com/01062021_applications_forb