2023-12-19T15:38:51-05:00December 19th, 2023|4- GSE Activity Report|

Money for Something

The CFPB yesterday released a fascinating research blog looking at cash-out refis. The Bureau’s researchers think cash-outs aren’t likely a renewed source of systemic risk, but then underwriting standards are better and rates have stayed low – or, they did for most of the period examined, but not now.