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A Sure Bet for the New FHFA Director: No More GSE Pilot Programs?

October 29, 2018
Paul Muolo
The fact that these initiatives were ever approved by the FHFA angered critics of the government-sponsored enterprises…
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Prestwick Announces Auction of GSE, Private Investor MSRs

October 29, 2018
Paul Muolo
Fannie Mae receivables dominate the package at $70.9 million...
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Short Takes: Bill Dallas Speaks / FoA’s New Reverse Product / A Blow-Out Earnings Number from Freddie? / Fannie? / No Permanent President for Ginnie, Still / Former FHLB Chicago Exec Named President of CU Mortgage Firm

October 29, 2018
Paul Muolo and Brandon Ivey
On Wednesday, Freddie Mac will release third-quarter results...
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Treasury Official Says Reform is a Priority as GSE Execs Bow Out

October 26, 2018
Top officials at Fannie Mae and Freddie Mac extolled the major improvements made at the two GSEs over their decade in conservatorship, and a key Trump administration official reiterated his view that the gains should be preserved.
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A Possible Problem for Ginnie: What if Fannie/Freddie MBS Get an Explicit Guarantee from Uncle Sam?

October 26, 2018
Although legislative reform of Fannie Mae and Freddie Mac is dead for now, Ginnie Mae supporters continue to worry about what might happen to agency MBS spreads if the government-sponsored enterprises get an explicit guarantee on their MBS.
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Freddie’s Layton: CRTs Transforming Housing-Finance System

October 26, 2018
Carisa Chappell
Freddie CEO Don Layton: Some 90 percent of the credit risk on multifamily mortgages is being transferred…
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Incenter Announces Large MSR Auction

October 26, 2018
Paul Muolo
Loans from California account for the largest chunk of receivables at 18.3 percent...
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What We’re Hearing: Cut in Half, Ellie Mae’s Share Price / 1H 2019: A Challenge / Walking the Floor of the MBA Show / A Bullish Outlook for Servicing, Non-QM Lending / If Stocks Tank Further, Good Things Might Happen / High on Chris George’s ‘To Do’ List:

October 26, 2018
Paul Muolo
But putting the negativity aside for a minute, there are a couple of bright spots in the industry: Servicing valuations and non-QM lending...
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Layton Says CRTs Transforming Housing-Finance System

October 26, 2018
During a discussion with Inside The GSEs, Freddie Mac CEO Donald Layton said the credit-risk transfer program is one of the company’s greatest accomplishments.
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New Freddie Mac Underwriting Tool Aids Lending to the Self-Employed

October 26, 2018
Freddie Mac updated its Loan Product Advisor to include a feature for assessing the income of self-employed borrowers in an automated underwriting system, the first such tool in an AUS, officials say.
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