Short Takes: An Explanation From Freddie? / A Tale of Two Credit Losses / Cloud Lifting? / Applications Suffer / loanDepot Insiders Keep Selling February 22, 2023 Paul Muolo The latest seller of loanDepot stock: Managing Director Dan Binowitz...Read More
HFSC Republican Leadership Slow to Act on Housing Issues February 17, 2023 Dennis Hollier Still no sign of Republican activity on the housing finance front, despite their new majority in the House.Read More
Fannie Earnings Tumble as Provisions Rise February 14, 2023 Dennis Hollier A forecast decline in home prices forces Fannie to set aside money for future losses.Read More
GSE CRT Issuance Ends 2022 with a Thud February 13, 2023 Dennis Hollier Neither Fannie Mae nor Freddie Mac issued a traditional credit-risk sharing transaction in the fourth quarter.Read More
GSE Deliveries Suffer in January, Refis at 11-Year Low February 8, 2023 Dennis Hollier Overall, Fannie/Freddie MBS issuance in January was down 73.1% from a year ago.Read More
Freddie QC Chief: Mortgage Defect Rates Remain Elevated February 6, 2023 Dennis Hollier The Fannie official began his presentation with the top 10 defects discovered by his QC team...Read More
MBA Chief Broeksmit: LLPA Grids are Complicated, Complex February 3, 2023 Dennis Hollier The new pricing grids from FHFA boast 216 "cells"...Read More
FHFA Slashes Commingling Fee but Is It Enough? January 27, 2023 Dennis Hollier Some analysts wonder if the fee cut is sufficient enough to drive the GSEs to resume issuing MBS with commingled collateral.Read More
Fannie to Adjust Quality Control Standards January 26, 2023 Brandon Ivey The GSE will set minimum pre-funding quality control requirements and deliver QC results to lenders more quickly.Read More
Large Banks Show Gains on GSE Servicing January 23, 2023 Dennis Hollier Much of the shift in 4Q22 occurred at large banks...Read More