Ginnie Seeks Common Ground with FHFA on Capital Requirements May 4, 2022 Monica Hogan The Ginnie chief said alignment "simplifies" issuers’ capital and liquidity planning...Read More
An Earnings Decline at Fannie, Interim CEO Benson Tempers Expectations May 3, 2022 Paul Muolo and Dennis Hollier Fannie's interim CEO David Benson predicts a recession is coming next year...Read More
Servicers Raise Concerns Over GSE Eligibility Requirements May 2, 2022 Dennis Hollier MBA criticized FHFA’s plan to impose a 2% liquidity requirement on servicers’ hedging position in the TBA market...Read More
A Strong 1Q22 Profit for Freddie April 28, 2022 Paul Muolo Freddie took in new business of $207.0 billion in the January-March period, down 23.6% sequentially...Read More
And the Beat Goes On: Nonbanks Continue to Gain in GSE Servicing April 26, 2022 Dennis Hollier Federally insured depositories with assets north of $1 trillion saw their GSE servicing balances remain essentially unchanged in the first quarter...Read More
Missing in Action: The Mortgage Industry’s Recommendations Regarding FHFA's Strategic Plan April 25, 2022 Dennis Hollier MBA expressed reservations about FHFA’s pursuit of examination authority over nonbank servicers, efforts to ensure a level playing field and more...Read More
Private Mortgage Insurers Gain Share in Crumbling Agency Market April 21, 2022 John Bancroft The FHA saw a steep 21.1% decline in volume, while the VA posted an 18.4% decline from the fourth quarter...Read More
Fannie and Freddie Kill Minimum Credit Scores for 'Affordable' Refis April 14, 2022 Dennis Hollier Note: Borrowers must still have a credit score, which must be provided at delivery.Read More
Getting Into Conservatorship? Easy. Getting Out? Hard April 11, 2022 Dennis Hollier The most obvious is a series of complex conversations that must take place between FHFA and Treasury...Read More
GSE Originators Move to Loosen Credit Standards April 8, 2022 Namrata Bhatia In the first quarter of 2022, 16.46% of loans securitized by Fannie and Freddie had credit scores ranging from 620 to 699...Read More
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