Bill Pulte said this week that the Federal Housing Finance Agency (FHFA) may allow Fannie Mae and Freddie Mac to offer assumable or portable mortgages.
The mortgage industry largely supports changes to the loan-level price adjustment (LLPA) matrix but remains divided on priorities, with a full overhaul unlikely amid a potential stock offering of Fannie Mae and Freddie Mac.
Overall, the perception is that having new buyers of MBS would be positive for the industry, although some question whether the GSEs would be the best actors to play this role.