The Fairholme-GSE Case: Not Quite Over (Probably) April 8, 2024 Dennis Hollier The final legal process could stretch out for another year or two...Read More
First-Quarter Agency MBS Volume Up on Annual Basis April 5, 2024 John Bancroft Purchase-mortgage volume at Ginnie Mae increased by 13.9% on an annual basis in the first quarter of 2024.Read More
Assessing the Impact of the 2021 Cap on GSE Business April 4, 2024 Dennis Hollier Researchers found that local banks exploit their superior information about housing prices when deciding whether to hold loans in their portfolio.Read More
FHFA Conducting Targeted Exams of Nonbanks March 29, 2024 Brandon Ivey Between October 2021 and August 2023, 21 exams were conducted.Read More
Short Takes: FHFA to Improve Exam Practices / Better Taps Real Estate Agents / Doma Plans to Go Private / Pending Home Sales Up Slightly March 29, 2024 Brandon Ivey FHFA is working on internal guidance to improve its exams of nonbank mortgage companies.Read More
The 4Q23 Buyback Picture: a Sharp Decline at Freddie, an Increase for Fannie March 25, 2024 John Bancroft Most lender buybacks are linked to mortgage-backed securities issued within the past two years.Read More
CHLA Brings Employment-Verification Costs to Regulators March 22, 2024 Brandon Ivey CHLA asked FHFA and FHA to scrutinize employment-verification prices charged by Equifax.Read More
Fairholme GSE Lawsuit Is Over; Time for the Appeal? March 21, 2024 Dennis Hollier Now that Judge Lamberth has issued his memorandum and order, the litigants can prepare for the (inevitable?) appeal.Read More
DeMarco Critical of FHFA’s Handling of Title Pilot March 19, 2024 Brandon Ivey "Using third parties to circumvent this insurance feature creates uncertain financial risks for lenders and for Treasury Department’s ongoing financial support of the GSEs," said Edward DeMarco, president of the Housing Policy Council.Read More
Freddie Mac Taps President as Interim CEO March 18, 2024 Dennis Hollier If Hutchins becomes the "permanent" CEO of Freddie, the change, ironically, would result in a pay cut...Read More