Short Takes: Great Expectations? / One Stock You Can Bet On / How Big Is PIMCO in Mortgages? Very Big / Another Departure at Ginnie Mae May 16, 2019 Paul Muolo Finding value in GSE equities: It's complicated...Read More
Jumbo Lending Stands Out in 1Q19 Production Slump May 16, 2019 John Bancroft Conventional-conforming loans still accounted for over half of total first-lien originations in 1Q19 but volume was down 9.0% sequentially...Read More
Economists at the NAR Show: Not So Fast, Mr. Calabria May 16, 2019 Dennis Hollier New FHFA director Mark Calabria spoke at the NAR legislative conference this week and then economists on a later panel picked apart his ideas...Read More
Short Takes: A New Mortgage Benchmark Has Arrived / Next Up for Calabria: the MBS Secondary in NYC / The Chicago Way / A Loss for Cherry Hill, but… / A New Deputy Director at the CFPB May 15, 2019 Paul Muolo April was a record month for nonbank mortgage giant Guaranteed Rate...Read More
NAR Should be Happy: FHFA Will Leave Untouched the 30-Year FRM, Loan Limits May 15, 2019 Paul Muolo Next up for Calabria: A policy speech before the Mortgage Bankers Association...Read More
Short Takes: Former FHA Chief Stevens Weighs in on Administrative Reform of the GSEs / Watch the Swim Lanes / New Executive Hires for Angel Oak / Redwood Preps Prime Non-agency MBS / Not All Agree on CLO Standards May 14, 2019 Paul Muolo and Brandon Ivey Will new FHFA chief Mark Calabria narrow the GSE swim lanes?Read More
Chase to Issue its First Post-Crisis MBS Backed by Investment Properties May 14, 2019 Brandon Ivey A number of lenders and issuers have seen better execution for GSE-eligible investment-properties in non-agency MBS instead of delivering the product directly to Fannie and Freddie...Read More
Short Takes: China, Trade and Falling Rates / Rethinking the Downpayment Idea / Understanding Reverse Mortgages / It’s Official: Hill Vet Clinton Jones Joins the FHFA May 13, 2019 Paul Muolo and Dennis Hollier The way FHFA Director Mark Calabria keeps adding staff, the agency might need more office space...Read More
Calabria Building His ‘Dream Team’ at FHFA, In Anticipation Of? May 10, 2019 Dennis Hollier Calabria's hiring spree at the FHFA reminds us of the Tom Waits's song, "What's He Building In There?"Read More
CMBS Issuance Nicked, GSE MF MBS Off 29 Percent in 1Q19 May 10, 2019 John Bancroft Ginnie Mae multifamily securitization fell 34.4% in the first quarter.Read More
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