Mortgage Stocks Tick Up As Freddie Mac Is Allowed To Buy Second Mortgages
Mortgage Stocks Tick Up As Freddie Mac Is Allowed To Buy Second Mortgages
Shares of U.S.-listed mortgage lenders have risen on the heels of U.S. regulators allowing the Federal Home Loan Mortgage Corp (OTC:FMCC), aka Freddie Mac, to buy second mortgages, a move that could lower the cost of borrowing against home equity.
美國上市的抵押貸款放貸人的股票已經上漲，因爲美國監管機構允許聯邦住房抵押貸款公司（OTC：FMCC，又名Freddie Mac）購買第二抵押貸款，這一舉措可能會降低對房屋淨值借款的成本。
The Federal Housing Finance Authority (FHFA) said Freddie Mac could buy up to $2.5 billion of second mortgages over an 18-month trial period, Bloomberg reported. FHFA will then decide whether the pilot program helps borrowers in rural and underserved communities obtain them, among other criteria.
美國聯邦住房金融局（FHFA）表示，Freddie Mac在爲期18個月的試點期內可以購買2.5億美元的第二抵押貸款，彭博社報道。 FHFA隨後將決定，試點計劃是否有助於農村和服務薄弱社區的借款人獲得抵押貸款，以及其他標準。
Freddie Mac proposed backing second mortgages in April after the steep jump in home loan rates over the past two years. When rates were lower, a homeowner who wanted to borrow for renovations might have used a cash-out refinancing that allowed them to take out a new loan bigger than their prior mortgage.
由於過去兩年房貸利率急劇上漲，Freddie Mac在4月份提出了支持第二抵押貸款的建議。當利率較低時，希望進行翻新的房主可能會使用現金再融資，這使他們能夠取出一筆比他們之前的抵押貸款更大的新貸款。
Also Read: US Needs 1.5 Million More Homes To Tame Record Prices
另外閱讀：美國需要再建1.5百萬戶住宅來控制房價的記錄
But cash-out refinancings are no longer practical for many borrowers because today's higher interest rates would result in bigger, higher-rate loans.
但是，許多借款人現在不能再使用現金再融資，因爲今天較高的利率會導致更大、更高利率的貸款。
Meanwhile, the steep rise in housing prices since 2020 has led to U.S. households having more than $32 trillion in equity. About $18 trillion of that is possibly available for equity extraction through private channels, according to Bloomberg.
與此同時，自2020年以來房價的大幅上漲導致美國家庭擁有超過32萬億美元的資產淨值。 根據彭博社的數據，其中約1.8萬億美元可能可以通過私人渠道進行權益提取。
Freddie Mac's proposal to back second mortgages has faced opposition from industry groups and politicians who argue the initiative could boost inflation and crowd out private lending, but other public comments on the proposal said it would help boost the scale of the market for home-equity lending.
Freddie Mac支持第二抵押貸款的提議遭到了行業團體和政客的反對，他們認爲該舉措可能會推高通貨膨脹並排擠私營借貸，但其他關於該提議的公開評論則表示，它將有助於提高房屋淨值貸款市場的規模。
Sandra Thompson, FHFA director, said capping the program at $2.5 billion would mitigate the risk of it boosting inflation. She also said requiring Freddie Mac to buy loans of $78,277 or less would ensure that it stays focused on borrowers who may be underserved, such as rural and low-income homeowners, rather than higher-income borrowers who may be better served by private lenders.
FHFA主任桑德拉·湯普森表示，將該計劃限制在2.5億美元以內，將減輕其推高通貨膨脹的風險。 她還表示，要求Freddie Mac購買78277美元或更少的貸款將確保其專注於可能被服務不足的借款人，例如農村和低收入房主，而不是可能被私人借貸者更好地服務的高收入借款人。
Price action: UWM Holdings Corp. (NYSE:UWMC) gained 1.15% on Monday, while Bank of America (NYSE:BAC) improved 1.38% and PennyMac Financial Services, Inc. (NYSE:PFSI) picked up 0.76%. Discover Financial Services (NYSE:DFS) ticked up 0.55%.
股價變動：UWM Holdings Corp.（NYSE：UWMC）週一上漲了1.15％，美國銀行（NYSE：BAC）上漲了1.38％，PennyMac Financial Services，Inc. （NYSE：PFSI）上漲了0.76％，Discover Financial Services（NYSE：DFS）上漲了0.55％。
Read now: Fannie Mae And Freddie Mac Will Make Home Loans Over $1 Million In Some Regions
現在閱讀：房利美和房地美將在某些地區發放100萬美元以上的住房貸款
Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。