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Refis up last week, but muted compared with boom: Fannie Mae

The government-sponsored enterprises' new Refinance Application Level Index pulls Desktop Underwriter data in order to give lenders and mortgage-backed securities investors insight into prepayment trends.

Fannie Mae introduces Refinance Application-Level Index

Fannie Mae will track refinance activity and application trends through its newly launched Refinance Application-Level Index (RALI).

Fannie Mae Launches Refinance Application-Level Index

Fannie Mae announced today the launch of its Refinance Application-Level Index (RALI), a weekly series with data sourced from the industry's most widely used automated underwriting system, Fannie Mae's Desktop Underwriter, to provide lenders, investors, and other market participants with increased transparency on the past week's refinance activity and trends. 

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