GSE Noncore Business: Volumes Wax, Percentages Wane March 13, 2020 Dennis Hollier Even as the percentage of GSE high-DTI loans fell, an odd thing happened: The actual dollar volume of these assets surged.Read More
Audit Finds FHFA Unprepared to Regulate GSEs March 13, 2020 Dennis Hollier According to the FHFA IG, the agency is still not adequately staffed to assess the safety and soundness of Fannie and Freddie.Read More
Fannie and Freddie Crank Up Multifamily CRT March 13, 2020 Dennis Hollier Over the past six weeks, Freddie has issued eight multifamily offerings totaling $6.1 billion, and Fannie more than $10 billion.Read More
Seller Buybacks Drop Again But Dispute Pipeline Grows February 28, 2020 John Bancroft Although only a minuscule share of GSE loans are subject to buyback requests, officials still keep a spotlight on the issue. Fannie recently refreshed its seller QC self-assessment. (Includes data chart.)Read More
FHLB ‘Plan’ to Buy Freddie Could Work February 28, 2020 Dennis Hollier Lawrence Parks, a former FHLB-SF executive, believes an FHLB plan to buy Freddie seems as plausible as other ideas that pass for GSE reform. Read More
GSEs Seek New Credit Score Models February 28, 2020 Dennis Hollier Companies will have to shell out $200,000 in application fees for every credit score model they think can compete with the FICO template. Read More
Fannie, Freddie Reform Plan Not Yet Fleshed Out February 28, 2020 Dennis Hollier Treasury and FHFA say it is still “premature to comment on specific capital levels” necessary to release the GSEs from conservatorship.Read More
Mike Bloomberg’s GSE Merger Plan Draws Attention February 28, 2020 Dennis Hollier Presidential candidate Mike Bloomberg’s plan to merge the GSEs actually got the other Democratic candidates to talk about MBS. Read More
Freddie Taps Corley to Head Single-Family February 28, 2020 Dennis Hollier Freddie promotes Donna Corley as EVP of single-family business. Read More
Launch of CECL Provokes Yawns at Fannie and Freddie February 28, 2020 Dennis Hollier Freddie mentioned CECL almost as a throwaway line in its earnings call, while Fannie said its CECL impact will be more substantial. Read More