SBC Chairman Crapo Schedules Two Days of Hearings on GSE Reform March 14, 2019 Paul Muolo NAR would like to see Fannie and Freddie restructured as tightly regulated shareholder-owned utilities...Read More
CFPB Promises to Resolve GSE ‘Patch’ Responsibly March 14, 2019 Yemeng Yang In January, the CFPB released a five-year look-back report assessing the implementation and effect of the ability-to-repay rule… Read More
Freddie Mac’s MBS Business Rebounds in February March 13, 2019 John Bancroft Fannie Mae saw its monthly MBS output decline by 18.1% from January…Read More
Phoenix Capital and MIAC Unveil New MSR Auctions March 13, 2019 Paul Muolo MIAC is also ready to take final bids on a $315.3 million Fannie/Freddie/Ginnie Mae MSR portfolio…Read More
In New Budget, White House Hikes Value of GSE Senior Preferred by 21% March 12, 2019 Dennis Hollier However, there is no detailed explanation on the accounting…Read More
Short Takes: Banking on a GSE Dividend / Maybe Next Time Around / Democrats Put CFPB Chief Kraninger on the Grill / Home Point Expands Correspondent Presence / A New Creative Hire for Guaranteed Rate March 12, 2019 Paul Muolo and Yemeng Yang Kraninger faced some tough questions from Sen. Warren...Read More
IGs Asked to Investigate GSE Insider Trading Allegations Tied to FHFA/OCC Employees March 11, 2019 Dennis Hollier Two public watchdog groups are demanding an IG probe into possible media leaks and a spike in the stock price of GSE shares...Read More
Final Rule on UMBS Issued; June Launch Date Remains March 6, 2019 Paul Muolo and Brandon Ivey The Federal Housing Finance Agency last week issued a final rule aimed at improving liquidity of the to-be-announced MBS as well as the new uniform MBS, which makes its debut in early June ...Read More
Agency MBS Production Declined in January but Trading Volume Soared March 4, 2019 Paul Muolo The bravura performance came during a month when GSE and Ginnie Mae MBS issuance totaled just $80.7 billion…Read More
Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage March 4, 2019 Paul Muolo, Brandon Ivey, and George Brooks More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...Read More
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