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Trouble Ahead? Seller Repurchases of Fannie/Freddie Loans Spike

June 21, 2022
John Bancroft
It marks the first time quarterly repurchases topped the $1 billion mark since the second quarter of 2014.
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Private Equity Finds Gold in MSR Investments

June 21, 2022
Paul Muolo
A trust-worthy asset class, at least for now: mortgage servicing rights...
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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...
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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...
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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.
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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...
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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.
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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...
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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.
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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.
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