An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Did you miss out on HousingWire Annual? We have you covered! Join us virtually on October 25 for a chance to see hand picked sessions from our in-person HousingWire Annual in Frisco. Register now for FREE!

How brokers can help today’s unique borrower

The average borrower has drastically changed throughout the years. More borrowers are self-employed, work remotely and have multiple streams of income. Learn about the tools to assist any borrower quickly and effectively.

Experts on how AI makes a difference in the mortgage process

Today’s HousingWire Daily features a roundtable discussion on “Humans versus really smart machines” and what the right mix looks like to gain efficiencies in the mortgage loan manufacturing process.

Politics & MoneyMortgage

The $7 trillion climate question facing Fannie and Freddie

A look at the "Klima" model, which measures climate risk and residential mortgage mispricing

HW+ Risk

During the Trump administration, Fannie Mae and Freddie Mac appeared to studiously avoid weighing in on the potential effects of climate change on the value of their more than $7 trillion of securitized mortgages. 

After all, the former president was a well known climate skeptic and the GSEs perhaps wanted to avoid his ire, especially as expressed on his favorite social media weapon, Twitter.

But it’s a new day, a new dawn and a new administration in Washington.

So, early in 2021, the GSEs wasted no time in putting out an all points climate SOS, asking all and sundry to pass along any information and analysis they might have on climate and the mortgage market in general. But most importantly, climate as it relates to Fannie and Freddie’s mortgage portfolios specifically.

One response stands out, and not just because of its stark climate warning, but also because of the report’s author and the outsized and famous role he and colleagues played in the mortgage finance crisis of 2008, a crisis in which the GSEs, of course, also had an outsize role.

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