GSEs - Articles - Page 126 | Inside Mortgage Finance

Fannie Mae Addresses Risk Layering in High-DTI Loans; Analysts Say More Transparency Would Help

April 12, 2018

Fannie Mae last month tweaked its underwriting system to account for the greater risk in loans with high debt-to-income ratios.

Short Takes: A 10 Percent Cut in GSE Loan Limits? (Just a Thought) / Mulvaney Has Saved the CFPB $16 Million / New Rez Buys RPL Pool from Fannie / Directors for New Rez Earn How Much? / NYS Fines Nationstar (aka Mr. Cooper)

April 12, 2018

Paul Muolo and Yemeng Yang

With GSE reform all but dead, rumors about possible administrative changes abound...

The Final Nail in the GSE Reform Coffin: Creation of the $3B Capital Buffer?

April 11, 2018

Paul Muolo

Fitch said the $3 billion reserve should be sufficient to cover income volatility during “the normal course of business, as seen when interest-rate volatility results in valuation adjustments within the GSEs’ derivative portfolios.”

Short Takes: Rep. Waters Doesn’t Hold Back on Criticism of Mulvaney / Next Up: Sen. Warren (CFPB Founder) / When Bank LOs Make More than Their CEOs / G-Rate Steps Up LO Recruitment / Worrying About GSE Servicing Comp (Still)

April 11, 2018

Paul Muolo and Brandon Ivey

According to the consulting firm of Garrett, McAuley & Co., some mortgage loan officers at depositories earn at least four-times what their CEOs make...