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Gordon Has Her Job Cut Out as FHA Commissioner

May 26, 2022
Monica Hogan
Even before Julia Gordon took oath as FHA commissioner last week, industry participants were reaching out with calls for action.
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HUD’s Top Priority is Cutting FHA Premiums

May 19, 2022
Brandon Ivey
FHA premium cuts are being closely analyzed by HUD while FHFA and Treasury have had no talks about reforming the GSEs through the PSPAs. MBA also pressed FHFA on LLPA changes for conforming jumbos and mortgages for second homes.
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FHFA Botches Review of Enterprise SEC Filings

May 19, 2022
Dennis Hollier
About half of the FHFA officials who were supposed to review SEC filings of Fannie Mae and Freddie Mac for the second quarter of 2021 failed to appropriately certify accuracy.
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Grapevine: loanDepot, Takeover Bait? / Calabria Drops a Bombshell

May 19, 2022
Paul Muolo and Dennis Hollier
With some mortgage companies trading below their liquidation value, is now the time to stage a takeover? It depends. Meanwhile, former FHFA Director Mark Calabria this week broke his silence on what may lie ahead for Fannie Mae and Freddie Mac.
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GSE Multifamily Profits Decline in 1Q22

May 12, 2022
Dennis Hollier
Falling revenues and a decline in loss reserves at Fannie and Freddie signal the end of the housing boom and a return to revenue normalcy.
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Fannie Mae Scotches Use of Cryptocurrencies

May 12, 2022
Dennis Hollier
Both government-sponsored enterprises have now formally banned the use of virtual currencies for conventional mortgages.
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Former Freddie CEO Says Pandemic Mortgage Rates Were Too High

May 5, 2022
Dennis Hollier
While the Federal Reserve intervened in the mortgage market to lower rates, lenders did not pass along all the savings to homebuyers, the former Freddie chief said.
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Freddie Mac Posts Another Strong Quarter. However…

April 28, 2022
Paul Muolo and Dennis Hollier
Another blow-out earnings quarter from Freddie Mac. But earnings were juiced a bit by loan-loss reserve recaptures. Meanwhile, its net worth continues to increase.
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GSE Servicers Raise Concerns Over Eligibility Requirements

April 28, 2022
Dennis Hollier
Trade groups representing smaller nonbank seller/servicers say it’s the larger nondepositories, with nearly 70% of the market, that pose the biggest risk to Fannie and Freddie.
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Federal Mortgage Programs Ordered to Ignore Medical Debt

April 28, 2022
Dennis Hollier
The Biden administration’s move to reduce the impact of medical debt from consumer credit reporting will make it easier for some homebuyers to qualify for government-backed mortgages.
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Latest Imf News

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