A Ratings Upgrade for Fannie and Freddie July 14, 2022 Dennis Hollier The upgrade piggybacks on Fitch’s recent revision of its ratings outlook for Uncle Sam and his IDRs...Read More
Fannie/Freddie Exposure to New Fee on Commingled Securities Differs July 12, 2022 Dennis Hollier Fannie and Freddie have very different levels of exposure to uniform MBS issued by the other...Read More
GSEs and FHFA Focusing on Fourth-Party Risk July 7, 2022 Dennis Hollier Fourth-party risk? It's an issue for Fannie, Freddie and their regulator...Read More
FHFA LLPA Changes Hit High-Balance, Second-Home Deliveries July 5, 2022 John Bancroft At the direction of the FHFA, the GSEs significantly increased LLPAs for high-balance and second-home loans starting with April deliveries.Read More
GSEs Update Seller/Servicers on Recent Equifax Coding Snafu July 5, 2022 Dennis Hollier More importantly, the inaccurate credit scores won’t render the loans ineligible for purchase.Read More
FHFA Undeterred by Criticism of New MBS Fee. However… July 1, 2022 Dennis Hollier The new fee was roundly criticized by MBS investors...Read More
Getting More Expensive: Buying Certain GSE Securities June 30, 2022 Dennis Hollier The big question: Why have the two GSEs suddenly decided to implement the fee?Read More
Fannie, Freddie Impose Fees on Certain Resecuritizations June 22, 2022 Dennis Hollier The motivation for the fee is still somewhat fuzzy...Read More
Trouble Ahead? Seller Repurchases of Fannie/Freddie Loans Spike June 21, 2022 John Bancroft It marks the first time quarterly repurchases topped the $1 billion mark since the second quarter of 2014.Read More
GSE Pilot Programs Resurface with Equitable Housing Finance Plans June 17, 2022 Dennis Hollier FHFA chief Sandra Thompson made it clear she is open to a more expansive use of pilots...Read More