Sizeable Cuts at Ginnie Mae. Trouble Ahead? February 20, 2025 Paul Muolo Ginnie Mae has no president and over the past weekend it lost 27% of its workforce. And delinquencies on underlying loans are rising. Time to worry?Read More
GSE Mortgage Holdings Continue to Grow February 20, 2025 Dennis Hollier But Fannie Mae and Freddie Mac pursued different strategies in their retained mortgage portfolios. (Includes data table.)Read More
GSE Earnings: Multifamily Gains at Freddie February 20, 2025 Dennis Hollier Freddie Mac’s superior performance in 2024 was largely due to higher profits in its multifamily business.Read More
Banks Partnering With Asset Managers for Flow-Based Loan Sales February 20, 2025 James Dohnert Banks are increasingly turning to nonbank partners to reduce their mortgage portfolios.Read More
More Securitization of Home Equity Investments Expected February 20, 2025 Shannon Clark 2025 may be the year that home equity investment products rapidly expand into the securitization market, according to HEI provider Hometap.Read More
Toyota Revs Up ABS Issuance With First Deal of the Year February 20, 2025 James Dohnert The deal received a preliminary AAA rating from S&P Global Ratings.Read More
Grapevine: CMBS With GSA Leases; Non-Agency MBS Deals February 20, 2025 Namrata Bhatia The Washington, DC, metro area has the most GSA-leased space by metropolitan statistical area, totaling 6.2 million square feet.Read More
Severe Turbulence Expected From HUD, FHA Job Cuts February 20, 2025 Paul Muolo Can HUD, FHA and Ginnie survive with 50% fewer workers? Fasten the seat belt and put on your helmet. We may soon find out.Read More
GSE Earnings Supported by Equity Gains February 20, 2025 Dennis Hollier Steady growth in retained earnings means Fannie Mae and Freddie Mac now have a large pile of interest-free capital to invest.Read More
CSBS Prudential Standards for Nonbanks Gaining Traction February 20, 2025 Shannon Clark Multiple states are drafting exam procedures that align with the prudential standards established by the CSBS.Read More