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Ginnie Ready to Unleash 40-Year Pool Types. Re: COVID

June 28, 2021
Maria Volkova
Also, there will be no restrictions on loan size...
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Mortgage M&A Remains Hot. Caveat: Sellers Remain Picky

June 28, 2021
Paul Muolo
The mortgage M&A market is pockmarked with indecisive sellers...
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At FSOC, Calabria Takes One Last Swipe at the GSEs

June 28, 2021
Dennis Hollier
After warning the council about the risks posed by government money market funds, Calabria went on to point out that these funds have large exposures to Fannie Mae, Freddie Mac and the Federal Home Loan Banks.
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The Beat Goes On: Nonbanks Expand Their Control of the Origination Market

June 25, 2021
John Bancroft
Ball game over for depository residential originators?
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Decimated: GSE Shareholders (Except Treasury)

June 25, 2021
Paul Muolo
The common and “junior” preferred investors were (more or less) given up for dead in late 2008...
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Biden Nominates Julia Gordon to Lead FHA ... CFPB AD Uejio Tapped for HUD Post

June 25, 2021
Maria Volkova and Lisa Burden
After months of rumors, Julia Gordon was tapped to lead FHA...
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A Stock ‘Trade’ That is Over: Fannie and Freddie

June 25, 2021
Paul Muolo
Investors in Fannie/Freddie common (and preferreds) were licking their wounds this week after the Supreme Court essentially ruled against them. Moral of the story: Stock speculation is not for the weak of heart.
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Bank Lending, Secondary Market Sales Down in 1Q21

June 25, 2021
John Bancroft
New loan production in bank mortgage banking operations was down slightly in the first quarter. Loan sales also slumped. (Includes two data charts.)
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CFPB Should Think Outside the Box: Kraninger

June 25, 2021
Lisa Burden
In her first interview since leaving office, former CFPB Director Kathy Kraninger touted her policy encouraging responsible business conduct and explained why she focused on supervision rather than enforcement.
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Is Tech the Way to Pivot from a Refi to a Purchase Market?

June 25, 2021
Lisa Burden
Experts believe a properly configured customer relationship management system can help lenders survive the change from a refi-heavy market to a purchase one.
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