Articles by Sarah Wheeler

Here's how Fannie Mae is transforming itself for customers

Andrew Bon Salle explains the company's evolution
Fannie Mae looks to improve the user experience for its own customers with its Lender Journeys initiative. It increased the number of its agile teams from 90 to 145 and brought in design thinkers to make the process as intuitive as possible. The company also brought lenders into the development lifecycle so that it gets feedback in every part of the process.
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MBA Secondary: Experts see cause for optimism in MSR market

But keep an eye on corporate tax rate changes
Compared to the state of the MSR market this time last year, experts on a panel about MSR liquidity at the MBA Annual Secondary Conference on Monday saw reason for optimism in 2017. But headwinds remain, including some challenges related to Basel III and the possible reduction of the corporate tax rate.
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From HW Magazine

Hot Seat: David Gansberg of Arch MI

The benefits of a dynamic MI pricing solution in a rising interest rate environment
With interest rates rising, being able to price MI more precisely gives lenders a significant competitive edge in the this market. For eligible borrowers, RateStar can mean more affordable mortgages with lower monthly payments overall. Millennials will also appreciate how this technology facilitates a personalized evaluation of the risk represented by their individual loan scenarios.
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MBA Secondary panel: Yes, GSE reform can really work this time around

What's changed? Compromise now paves the way
Most past efforts to develop a reform plan for the GSEs were doomed from the start. Not only is GSE reform ridiculously complicated, but in the midst of a deeply divided Washington there was little consensus even on the most basic direction reform should take, much less the will to deliver a bill that would clearly be a low priority for the Obama administration. That's all changed now.
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Fannie Mae announces new programs to break through student loan roadblock

Cash-out refinance, new debt-to-income calculations spur homeownership
The level of student debt in the U.S. has spiraled over the last decade to $1.4 trillion, effectively locking out millions of potential homebuyers from the market. Fannie Mae's new programs address specific roadblocks that these borrowers face, providing a jump-start to a whole new generation of homebuyers.
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Fannie Mae close to launching larger student loan refi program: Sources

SoFi was apparently just the beginning
Fannie Mae will soon announce policy changes to address the exploding volume of student debt among potential homeowners, according to sources close to the matter. In November, Fannie Mae announced a new loan option through SoFi that allows homeowners to refinance their mortgage at a lower rate and pay down the balance of an existing student loan. Now, sources say, Fannie Mae is ready to expand that program to other lenders. And that's not all.
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Did the NSA spy on Middle East banks using the SWIFT network?

New release from hacker group suggests U.S. compromised elements of global banking system
Banks are under cyber attack from every side, including, if you believe the latest claim from the Shadow Brokers hacking group, the National Security Agency. In the case of the NSA, the latest data dump from the Shadow Brokers suggests the NSA’s motive was to surveil banking activity in the Middle East, not steal money, but any breach of security of the global messaging network could have significant consequences. 
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