Federal Court of Appeals Dismisses Leading Shareholder Lawsuits February 25, 2022 Dennis Hollier The ruling makes it unlikely GSE shareholders will ever receive compensation for the value they lost through the net worth sweep.Read More
Multifamily Earnings: Fannie’s Up; Freddie Holds Steady February 25, 2022 Dennis Hollier Credit-related income boosts profits at Fannie Mae; fair value losses at Freddie Mac keep net income growth in check.Read More
Treasury Doubles Estimate on Fannie/Freddie Value February 25, 2022 Dennis Hollier Unexplained fair market gains bolster Treasury’s stake in the GSEs by more than 100%.Read More
Freddie to Further Streamline Income Assessment February 25, 2022 Dennis Hollier The enterprise’s suite of services will soon include the capability to use direct deposit data to assess borrower income.Read More
FHFA Advisory Bulletin on Insider Trading February 25, 2022 Dennis Hollier The enterprises should have procedures supervising “covered parties,” up to and including monitoring their brokerage accounts.Read More
Fannie, Freddie Announce Servicer Awards for 2021 February 25, 2022 Dennis Hollier Many of the largest mortgage servicing companies were left off the podium in the annual awards programs of Fannie and Freddie.Read More
Ginnie Considering Changes to Support CDFIs February 25, 2022 Monica Hogan The new Ginnie Mae chief said the agency hasn’t yet determined what avenues would make sense but “specialized pools” could be a possibility...Read More
MSR Market in Danger of Getting Too Frothy? We're Not There Yet February 25, 2022 Paul Muolo For some large sellers of mortgage servicing rights, the sale of smaller portfolios just isn’t worth their time...Read More
An Earnings Slide for Rocket but Company Declares Special Dividend February 25, 2022 Paul Muolo To date, Rocket has repurchased 20.7 million shares at an average price of $15.08 a unit...Read More
Securitization Rates Adjust Downward in 2021 February 25, 2022 John Bancroft Agency MBS issuance was up again in 2021 but modestly...Read More
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