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CHLA Seeks Exemption for Smaller Nonbank Servicers

December 17, 2020
Yemeng Yang
State regulators should propose thresholds to relieve smaller nonbank servicers from certain regulatory requirements, said the CHLA.
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Does Net Worth Sweep Mean Nationalization of the GSEs?

December 10, 2020
Dennis Hollier
Justice Stephen Breyer raised eyebrows by characterizing the government’s net worth sweep of Fannie Mae and Freddie Mac profits as nationalization of the GSEs.
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Waters Wants Trump-Era Housing Policies Rescinded

December 10, 2020
Dennis Hollier
House Financial Services Committee Chair Maxine Waters, D-CA, wants various rules and regulations introduced during Trump’s presidency to be rescinded or replaced.
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MBA Forecasts Strong Originations in 2021

December 10, 2020
Yemeng Yang
Purchase-mortgage production is expected to climb to a record high next year, according to industry economists. Refis may not match this year’s unprecedented volume but will still remain strong.
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Mnuchin Nixes Idea of Quick End to GSE Conservatorship

December 3, 2020
Dennis Hollier
In testimony before lawmakers, both Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell stressed that time and care is needed to raise capital before the GSEs exit conservatorship.
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As Coronavirus Surges Again, Forbearance Heads North

December 3, 2020
Yemeng Yang
Particularly concerning is an uptick in borrowers who had previously exited forbearance options but are now once again seeking relief.
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New Loan Limits Mean Good Times Ahead for Redwood?

December 3, 2020
Dennis Hollier
In areas where home price appreciation rises faster than conforming loan limits, Redwood's network of correspondent lenders gives it an edge in the jumbo loan market.
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FHFA Raises 2021 Baseline Conforming Loan Limit

November 25, 2020
Dennis Hollier
The Federal Housing Finance Agency has raised the baseline conforming loan limit for GSE mortgages by $37,850 for next year.
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Will the GSEs Exit Conservatorship Before the Inauguration?

November 25, 2020
Dennis Hollier
FHFA Director Mark Calabria and Treasury Secretary Steven Mnuchin seem to have different motives to take the GSEs out of conservatorship. However: Will they be able to reach an agreement soon?
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OIG: FHFA Still Not Quite Ready to Supervise the GSEs

November 25, 2020
Dennis Hollier
Although FHFA claims to have taken steps to improve its supervisory prowess, no signs of those improvements are apparent, the agency OIG said in its semi-annual report to Congress.
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