Fifth Circuit Remands Collins GSE Case to District Court March 10, 2022 Dennis Hollier The five dissenting judges were even more skeptical, arguing that a remand was unnecessary...Read More
Fannie’s and Freddie’s ‘Release’ Date? See You in 2037 March 2, 2022 Paul Muolo KBR writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion"...Read More
GSE Multifamily Earnings: A Nice Gain for Fannie, Freddie Not So Much February 28, 2022 Dennis Hollier In particular, Fannie benefited from loan-loss recaptures...Read More
Federal Circuit Tosses Most GSE Shareholder Cases February 23, 2022 Dennis Hollier The judges rejected shareholder appeals based on both direct and derivative claims.Read More
In a Few Weeks, GSE Nonbank Eligibility Requirements? February 22, 2022 Paul Muolo BTIG predicts the FHFA’s proposal likely will dovetail with many of the prudential requirements for nonbanks finalized by the CSBS...Read More
A Big Surprise? Deliveries Above the 2021 Baseline Loan Limit Spike in January February 17, 2022 Based on trends from prior years, roughly $25.0 billion of mortgages above the 2021 conforming loan limit would have been expected to be delivered to Fannie and Freddie in January...Read More
Secondary Market Deliveries Earn a Reprieve in January February 16, 2022 Dennis Hollier The year-over-year drop in production was almost across the board, with nearly 80% of the top 100 sellers showing declines in January...Read More
A Stellar Year and Quarter for Fannie Mae, Net Worth Climbs to $47.4 Billion February 15, 2022 Paul Muolo and Dennis Hollier Fannie's net worth keeps climbing but its new CFO notes the MBS guarantor is "significantly" undercapitalized...Read More
New Capital Requirements Expected for Nonbank Servicers February 14, 2022 Dennis Hollier Others, however, believe the regulator won't act until the Senate confirms a permanent director for the agency.Read More
In 4Q21, An Adjustment for Conventional Origination Volumes February 10, 2022 Rocket Mortgage ranked as the top originator of conventional-conforming loans with an estimated $279.3 billion in volume.Read More