Alter the Fannie/Freddie Dividend Payment: Yes or No? February 21, 2019 Paul Muolo If the dividend payment is altered, look for GSE stocks to rally even more…Read More
Federal Court in California Certifies LO Class Action Case Against Wells Fargo February 20, 2019 George Brooks Wells Fargo also is accused of not paying loan officers for “non-sales” work…Read More
Short Takes: More on the Watt FHFA IG Report / Of Counsel / Signs of Life in Application-land / Ex-Fannie Employee Took Kick-Backs / A New President at Stearns Lending February 20, 2019 Paul Muolo A former Fannie Mae employee faces up to 20 years in prison...Read More
SIFMA Wants Changes to VA Cash-Out Interim Rule February 19, 2019 George Brooks SIFMA noted that while Ginnie’s actions to curb abusive refinancing have been helpful, they have not solved the problem…Read More
FHFA IG: Director Watt Violated Ethics Rules, White House Had Report in Late November but Didn’t Act February 19, 2019 Paul Muolo To date, Watt has denied legal wrongdoing…Read More
What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orm February 15, 2019 Paul Muolo On the doorstep: The recap and release of Fannie and Freddie?Read More
FHFA IG Report: Director Watt Violated Ethics Rules. Trump Had Report in Late November but Didn’t Act February 15, 2019 Paul Muolo The report, dated Nov. 29, 2018, was posted to the IG’s website Friday, Feb. 15.Read More
Lower Earnings for Fannie and Freddie, 4Q18 Dividend Payment On Track (For Now) February 14, 2019 Paul Muolo It’s rare but Fannie and Freddie reported results on the very same day…Read More
Short Takes: Leaving Behind His Personal Views Regarding Fannie and Freddie / Reporting Results on the Very Same Day, a Rarity / If Only They Could’ve Kept Their Earnings / CHLA Backs Calabria February 14, 2019 Paul Muolo Fannie and Freddie rarely report quarterly results on the same day, but they did so this morning...Read More
FHFA Nominee Mark Calabria Promises to Leave His Personal GSE Views at the Door February 13, 2019 Paul Muolo The nominee promises not to impose his personal views on Fannie and Freddie...Read More