What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director March 1, 2019 Paul Muolo Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs? Read More
How Soon Can the Calabria Vote Reach the Senate Floor? May? March 1, 2019 Dennis Hollier One GOP staffer told Inside Mortgage Finance the combination of strong industry support for Calabria, plus the nominee’s “bravura performance” at his confirmation hearing, probably sealed the deal on a quick trip.Read More
Short Takes: A Mega Servicing Deal Approaching? / ‘Goldilocks’ Pricing / The Ditech Portfolio? / Fannie & Freddie Common Take a Rest / FHFA’s Final UMBS Rule / Bell Bank Opens AZ Branch, Mortgages on the Menu February 28, 2019 Paul Muolo The share price of Fannie Mae and Freddie Mac common has been on a mild downward slope since Feb. 22. Meaning?Read More
SFIG Speakers Expect Administrative Reform of the GSEs. Capital Build? Yes February 27, 2019 Brandon Ivey Michael Stegman: “Clearly, there is going to be some kind of capitalization of the GSEs..."Read More
Pershing Square’s GSE ‘Lottery Ticket’ Riding High February 27, 2019 Paul Muolo Company documents available on Pershing Square’s website show that as recently as mid-November, Fannie and Freddie were in the “detractor” column…Read More
Short Takes: HomeBridge Eyes HomeStreet’s Mortgage Network / As for the Mortgage Servicing Portfolio… / Figuring Out the Calabria Vote / A Rally for Ocwen / A Red Hot MSR Market / A Glum Assessment on Mortgages from Joe Garrett & Co. February 27, 2019 Brandon Ivey and Paul Muolo Ocwen's share price took off like a rocket Wednesday morning...Read More
SFIG Chief Michael Bright Shrugs Off GSE Reform Talk February 26, 2019 Brandon Ivey Former Ginnie Mae chief Michael Bright: “These decisions have not been made..."Read More
Calabria Nomination to Head FHFA Clears Senate Banking Committee February 26, 2019 Paul Muolo It was a party-line vote. Not one Democrat voted for the nominee...Read More
Short Takes: How Fast for Calabria? Very Fast / It Pays to Have a Godfather / What About a ‘Hold’? / Record Attendance at SFIG Vegas / Mixed Opinions on Expanded-Credit February 26, 2019 Brandon Ivey and Paul Muolo Now for the big question: Will any Democratic senators put a hold on the Calabria nomination?Read More
Buybacks of Fannie/Freddie Loans Fell to a Record Low Last Year February 25, 2019 John Bancroft Total lender buybacks fell 14.4% last year…Read More