The Federal Housing Finance Agency this week moved to further cement its existing policies that require Fannie Mae and Freddie Mac to move in lockstep on matters that affect MBS prepayment speeds as a federal regulation.
In anticipation of the single-security launch in June 2019, Freddie Mac is working on exchange paths to make the transition from two markets to one go much more smoothly.
SG Capital Partners, a boutique investment banking firm chock full of former Goldman Sachs executives, has launched a new wholesale lender to originate non-qualified mortgages, most of which will wind up in MBS deals.
If Rep. Jeb Hensarling’s new housing finance reform bill becomes law, the common securitization platform of Fannie Mae and Freddie Mac and the “disclosure framework from Common Securitization Solutions” will be transferred into a private, nonprofit corporation or “exchange.”
With nonbanks dominating Ginnie Mae’s single-family MBS program, liquidity is an important factor in the issuance and servicing of Ginnie MBS and has been the agency’s focus in recent years.
JPMorgan is the parent company of the nation’s second largest residential lender, Chase. Trump last decade started a small mortgage brokerage operation in Long Island and then killed it...
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