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FHFA Releases 2023 Scorecard for GSEs

January 6, 2023
Dennis Hollier
Subtle differences between 2022 and 2023 objectives speak to both new priorities and goals reached.
Read More

Fannie Picks Climate Risk Assessment Firm

January 6, 2023
Dennis Hollier
Jupiter Intelligence will provide Fannie with climate data and analytics for at-risk communities in Baltimore and Memphis.
Read More

GSEs Receive Year-end NAIC Designations for CRT

January 6, 2023
Dennis Hollier
Nearly 80% of Freddie’s STACRs received an NAIC 1 designation, the highest rating.
Read More

Another Appeal in Collins v. Treasury

January 6, 2023
Dennis Hollier
Attorneys for a group of Fannie Mae and Freddie Mac shareholders seeking to overturn the net worth sweep will take another swing at the Fifth Circuit Court of Appeals.
Read More

Some Positive News: Money Managers Need Yield

January 5, 2023
Paul Muolo
A tough beginning to 2023 for non-QM lenders and securitizers? It looks that way, but the irony is that money managers, insurance companies and others continue to have a strong appetite for yield.
Read More

CMBS Issuance Expected to Decrease Further in 2023

January 5, 2023
Sam Manas
Kroll Bond Rating Agency expects single-borrower/large loan volume to decrease, while Moody’s said interest rates, lower prepayment rates, fewer property acquisitions and limited loan maturities will weigh on issuance.
Read More

Congress Closes Out 2022 With New FHA Funding; VA Appraisals

January 5, 2023
Brandon Ivey
In the lame duck session, Congress managed to pass a spending bill with funding for FHA IT modernization. A separate bill updating standards for VA appraisals also made it to President Biden’s desk.
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How UWM’s Ishbia Parlayed His Stake Into the Suns

January 5, 2023
Paul Muolo
UWM chief Mat Ishbia is about to become the owner of an NBA team. Does he have enough money to make the grade? It certainly looks that way.
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Mortgage-Related Activity in Congress Expected to Be Limited

January 5, 2023
Brandon Ivey
Divided leadership in Congress means bipartisanship will be required to get bills to President Biden’s desk. Not many mortgage-related bills are expected to make it that far in the next two years.
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RoundPoint Settles Servicing Allegations in Bay State

January 5, 2023
Sam Manas
The mortgage servicer reached a relatively modest settlement with the Massachusetts Attorney General’s Office to resolve alleged violations of mortgage servicing and debt collection regulations.
Read More
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