Fannie and Freddie Weigh In on Florida Property Insurance Mess December 20, 2022 Dennis Hollier The Temporary Market Stabilization Agreement is intended to bolster Florida’s property insurance system, but has created widespread confusion...Read More
Second-Level MBS Issuance Tracks 3Q22 Market Slump December 20, 2022 John Bancroft New rules from the FHFA require Fannie and Freddie to hold more capital for commingled Supers...Read More
GSE Seller-Servicers See Mortgage Buybacks Spike YOY December 19, 2022 John Bancroft The worst of all time (WOAT) was 2007, from which sellers repurchased 7.40% of GSE issuance.Read More
Fannie and Freddie On Board With More Streamlined Refis December 14, 2022 Dennis Hollier Freddie believes the change would be especially appropriate for refis that benefit consumers in a concrete way...Read More
Fannie, Freddie Deliveries Continue to Slide in November December 6, 2022 Dennis Hollier In the fourth quarter of 2020, the GSE market share peaked at 64.0%.Read More
Brokers Push for Removal of GSE Cash-Out Fee December 5, 2022 Dennis Hollier NAMB also believes the timing of the increase is poor...Read More
New GSE LLPA Rules Kick In Next Month November 22, 2022 Dennis Hollier The fee reductions were supposed to go into effect as soon as possible...Read More
Higher Interest Rates Juice FHLB Earnings in 3Q22 November 21, 2022 Dennis Hollier The biggest jump was at the Cincinnati FHLB...Read More
G-Fees Rise — Thanks to the ‘Adverse Market’ Refi Charge November 17, 2022 Dennis Hollier FHFA said upfront fees jumped from 11 bps to 13 bps...Read More
Fannie/Freddie CRT Issuance Plummets in 3Q22 November 9, 2022 Dennis Hollier The 58.2% sequential decline in aggregate CRT issuance was the sharpest decline since the start of the pandemic...Read More