FHFA Information Security ‘Not Effective,’ Audit Finds August 9, 2024 Dennis Hollier A 2024 IT security audit found that FHFA still had several recommendations from prior audits remaining open.Read More
The Rising Cost of Having a Place to Call Home August 9, 2024 Dennis Hollier FHFA economists estimate that the average required monthly payment for a new mortgage rose 57% between 2022 and the end of 2023.Read More
Uncertainty on Fed Moves an Issue for Treasuries August 8, 2024 Dennis Hollier Researchers show that an increase in uncertainty about the Fed’s balance sheet policy boosts the yield on long-term Treasuries and increases the duration of non-agency MBS.Read More
GSEs’ Mortgage Portfolios Increase in Second Quarter August 6, 2024 Dennis Hollier Holdings of both mortgage-backed securities and mortgages rose in the quarter, with MBS totals up 5.9% and mortgages up 4.1%.Read More
GSEs Boost Mortgage Portfolios in Second Quarter August 1, 2024 Dennis Hollier Lender liquidity accounts of the government-sponsored enterprises grew faster than profits as volumes increased. (Includes data table.)Read More
Diversification Helps Fannie CRT Following Hurricane Beryl August 1, 2024 Dennis Hollier Fannie Mae releases data on the potential impact the historic storm may have had on CAS and CIRT deals.Read More
GSE Profits Slow to Respond to Market Improvement August 1, 2024 Dennis Hollier Second-quarter acquisitions increased at the government-sponsored enterprises, but profits remained stable as credit reserves shifted.Read More
Rethinking the Relationship Between CDFIs, FHLBanks August 1, 2024 Dennis Hollier FHFA hosted a symposium on improving the relationship between the FHLBanks and CDFIs.Read More
Large Nonbanks Gain GSE Servicing Share in Second Quarter August 1, 2024 Dennis Hollier At the end of June, large nonbanks accounted for 39.0% of all government-sponsored enterprise servicing, up from 37.6% in March.Read More
Freddie Profits Lag Increase in Revenues July 31, 2024 Dennis Hollier Increases in loan loss provisions in the second quarter offset the beneficial impact of higher interest rates.Read More