Private Equity Finds Gold in MSR Investments June 21, 2022 Paul Muolo A trust-worthy asset class, at least for now: mortgage servicing rights...Read More
Is There a Role for the CFPB in Bank Mergers? (Perish the Thought) June 21, 2022 Sam Manas The ABA said that although a review of existing banking guidelines are vital, there are already rules for evaluating mergers...Read More
Warehouse Usage Rates Crater as Nonbanks Suffer June 17, 2022 The commitment numbers hardly seem awful but the real damage is in the usage rates...Read More
Mixed Response to GSEs’ Equitable Housing Finance Plans June 17, 2022 Dennis Hollier GSE insiders worry litigation over race-based housing assistance will undermine the enterprises’ equitable housing finance plans.Read More
The Fed Increases Its MBS Holdings. Huh? June 17, 2022 The central bank is unique in that it reports MBS holdings based on the unpaid principal balance of the securities it owns...Read More
Fannie, Freddie Impose Fees on Certain Resecuritizations June 17, 2022 Dennis Hollier The new 50-basis-point upfront fee is intended to offset the cost of capital each enterprise is required to hold for guaranteeing the collateral of its competitor.Read More
GSE Pilot Programs Resurface with Equitable Housing Finance Plans June 17, 2022 Dennis Hollier FHFA chief Sandra Thompson made it clear she is open to a more expansive use of pilots...Read More
ABS/MBS Investors Want Competitive Credit Score Models June 17, 2022 Dennis Hollier An industry survey commissioned by VantageScore shows more support for a FICO alternative than previously thought.Read More
Fannie Introduces New Index for Prepayment Activity June 17, 2022 Dennis Hollier MBS investors will now have access to 18 years of refinance and prepayment data derived from Desktop Underwriter.Read More
FHFA Releases Inaugural Mission Report June 17, 2022 Dennis Hollier Fannie and Freddie bolstered their affordable housing acquisitions in 2021; FHLB not so much.Read More