Presidential Candidates Have Plans for GSE Fees March 13, 2020 Dennis Hollier Wells Fargo Securities analysts said if there is going to be a hike in g-fees, it’s likely to be instigated by FHFA Director Mark Calabria.Read More
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
SCOTUS and 5th Circuit Confuse Matters for FHFA and CFPB March 13, 2020 Dennis Hollier While the SCOTUS is still to decide on the CFPB’s fate, the Fifth Circuit Court of Appeals ruled the bureau is constitutional. FHFA implications.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
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
FHFA Testing the Waters for FHLBanks Membership February 28, 2020 Dennis Hollier The Federal Housing Finance Agency is seeking feedback on what financial requirements should be enforced for FHLB membership. Read More
FHFA Releases Funds for Housing Trust, Capital Magnet February 28, 2020 Dennis Hollier The Housing Trust Fund and the Capital Magnet Trust will receive $326.4 million and $175.8 million, respectively, for 2019. Read More
Net Worth of GSEs Doubles in 4Q19 February 14, 2020 Dennis Hollier The hiatus in the net worth sweep added $12.53 billion to the GSEs’ combined net worth over the last six months of 2019, including fourth-quarter profit of $4.27 billion at Fannie and $2.45 billion at Freddie. (Includes data chart.)Read More