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
GSEs’ Single Security on Track for Implementation June 3. Otting Supports it 100% February 25, 2019 Brandon Ivey FHFA’s Mary Ellen Taylor noted the project aims to increase liquidity in the to-be announced MBS market and is not an effort to combine Fannie and Freddie into one entity.Read More
NAR Dissects GSE Reform Proposals, Has a Few Ideas of its Own February 25, 2019 Dennis Hollier NAR makes a persuasive case that Fannie and Freddie should be restructured as strictly regulated, shareholder-owned utilities…Read More
Short Takes: Kushner Getting Cushy with Fannie and Freddie? / Working with Lenders, Not Property Owners / Prepayments Fall to 18-Year Low / More Funding for Better.com February 25, 2019 Paul Muolo A Freddie spokesman confirmed to us what we’ve always assumed: “We are not a primary lender.” Read More
What We’re Hearing: Franklin Raines’ Dream / FannieMae.com? / The Hype Behind Digital Mortgages and Cost Savings / Replacing Moderately Paid Workers with Expensive Programmers / Calabria a Lock? / NAR's GSE Ideas February 22, 2019 Paul Muolo And here’s another farce: Once the system is built, maintaining it will be cheap (because regulations and products never change)…Read More
Banks Stock Up on Fannie/Freddie MBS as 2018 Ends February 22, 2019 John Bancroft The biggest increase in held-to-maturity and available-for-sale accounts was in agency pass-through securities…Read More
Non-Agency Pricing for GSE-Eligible Loans in Flux February 21, 2019 Brandon Ivey Doyle noted it was the first time in a while that GSE-eligible loans put out for bid to non-agency investors failed to trade.Read More
Alter the Fannie/Freddie Dividend Payment: Yes or No? February 21, 2019 Paul Muolo If the dividend payment is altered, look for GSE stocks to rally even more…Read More
FHFA IG: Director Watt Violated Ethics Rules, White House Had Report in Late November but Didn’t Act February 19, 2019 Paul Muolo To date, Watt has denied legal wrongdoing…Read More
What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orm February 15, 2019 Paul Muolo On the doorstep: The recap and release of Fannie and Freddie?Read More