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
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