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Short Takes: Ed DeMarco and TBTF / An Accomplishment: G-Fee Parity / Hensarling’s Donors / GSEs Stay Busy on the Multifamily Front / What Mortgage Directors Earn

April 13, 2017
Paul Muolo
In 2012, the g-fee disparity fell to about 6 bps. By 2013 it was just about gone. And you can credit Ed DeMarco…
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Financial Services Roundtable Names Former FHFA Director Ed DeMarco President of its HPC

April 12, 2017
Carisa Chappell
In June of last year, DeMarco co-authored a Milken Institute white paper entitled “Why Housing Reform Still Matters." In it, he argues: "…we need to preserve the liquidity and capacity of an active, globally financed MBS market…”
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Still a Better Deal: Selling ‘Conforming’ Jumbos to Fannie and Freddie. But for How Long?

April 12, 2017
Brandon Ivey
However, conforming jumbos accounted for 36.3 percent of the $1.03 billion non-agency MBS JPMorgan Chase issued in February.
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Short Takes: CFPB Continues to Hire – Examiners / The Ginnie Mae Job? / An End to ‘Implied’ Guarantees / The Ginnie Mae ‘Plan’ / Fears About the Mortgage Interest Tax Deduction

April 12, 2017
Paul Muolo and Thomas Ressler
More CFPB examiners means more CFPB exams? Maybe, maybe not...
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Investment Banker Craig Phillips is Treasury's ‘Point Person’ on GSE Reform

April 11, 2017
Paul Muolo
One trade group said Phillips has already reached out to the industry, gathering opinions on key issues facing the market, including Fannie and Freddie…
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Mortgage Brokers Lost GSE Market Share in 1Q17; Lowest Reading in Six Years

April 11, 2017
John Bancroft
A new Inside Mortgage Trends analysis reveals that the supply of mortgages originated in the wholesale-broker market fell 42.8 percent during 1Q17…
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Treasury Backs Away from Supporting Current FHFA Structure

April 11, 2017
Carisa Chappell
In a March 24 advisory, the Treasury Department announced its change of heart regarding the legal structure of the FHFA…
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Are Nonbanks Losing Their Mojo with Fannie and Freddie? GSE Market Share Slips Again

April 10, 2017
John Bancroft
Single-family volume was down from the unusually high level in the fourth quarter of last year…
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Phoenix Capital Selling $2.5 Billion of Bulk GSE Servicing Rights

April 10, 2017
Paul Muolo
It’s not often that FHLB servicing rights hit the auction block…
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Short Takes: Ocwen’s $6 Million Man / 21 Board Meetings in One Year / GSE Reform on Track for Next Year? / Senate Meeting on GSE Reform / FirstKey’s SFR Deal

April 10, 2017
Paul Muolo
Cowen assigns a 65 percent probability to a GSE bill becoming law next year…
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