Layton Skeptical Trump Admin Will Complete GSE Reform January 24, 2025 Dennis Hollier The administration hasn’t come up with a business plan to replace the current system.Read More
Nonbank Share of GSE Servicing Up Again in 4Q January 23, 2025 Dennis Hollier Nonbanks handled 60.1% of the $6.56 trillion of GSE single-family servicing as of the end of 2024.Read More
Agency MSR Transfers Decline Slightly in 2024 January 22, 2025 John Bancroft Mr. Cooper Group ended the year as the top bulk buyer with $175.93 billion in acquisitions.Read More
Short Takes: TD Bank Considers Sale of Jumbos / Bessent’s Nomination for Treasury Moves Forward / Pulte an Unknown / Interest Rate Hurdle January 22, 2025 Brandon Ivey and James Dohnert TD held $42.98 billion of first-lien mortgages in portfolio as of the end of September.Read More
GSE Reform Not a Top Priority for Trump Administration January 21, 2025 Dennis Hollier Scott Bessent, nominee to head the Treasury, didn’t mention the GSEs in his confirmation hearing last week.Read More
More Agency Servicing Shifts to Ginnie, Nonbanks January 17, 2025 John Bancroft Lakeview Loan Servicing remained the top agency servicer, with a $732.56 billion portfolio.Read More
Trump Nominates Bill Pulte for FHFA Director January 17, 2025 Dennis Hollier The president-elect said Bill Pulte will help “restore the American Dream for all.”Read More
MBS Investor Reaction a Major Factor in GSE Reform January 17, 2025 Dennis Hollier It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.Read More
Short Takes: GSE Bi-Merge Transition Delayed / FHA Updates Loss-Mitigation Waterfall / Updated Damage Estimates for CA Wildfires / A&D to Acquire Flagstar’s Wholesale Business via Mr. Cooper January 17, 2025 Brandon Ivey The GSEs didn't provide a revised timeline for implementing bi-merge credit score policies.Read More
Parrott, Zandi Issue Warning on Administrative GSE Reform January 15, 2025 Brandon Ivey The analysts said only legislation by Congress can address the government guarantee currently applied to Fannie Mae and Freddie Mac.Read More