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FHFA Mandates 4% Tier I Capital for the GSEs

November 19, 2020
Paul Muolo and Dennis Hollier

The industry was not expecting the FHFA to give ground on 4% Tier I capital for Fannie and Freddie. Now for the big question: What does it mean for lenders?


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Freddie CEO Brickman’s Departure: The First of Many at the GSEs?

November 19, 2020
Dennis Hollier
Andrew Bon Salle, who runs Fannie’s single-family business, will be leaving later this year. Also, several other key GSE executives are planning departures, according to former and current staff.
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Rocket Outearns Freddie, Gaining on Fannie

November 12, 2020
Paul Muolo
A mortgage boom for the ages? So far this year, Rocket (Quicken Loans) has outearned one GSE and is within striking distance of the other.
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Will Biden Undo GSE Reform, Fire Calabria?

November 12, 2020
The latest speculation inside the Beltway relates to what possible changes a new Democratic administration might make to Fannie Mae and Freddie Mac.
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Court Dismisses Charges in $500 Million MF Mortgage Fraud Case

November 5, 2020
Dennis Hollier
A federal judge found that the government’s failure to provide evidence in a timely manner violated the defendants’ constitutional right to a speedy trial. But the case was dismissed without prejudice.
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An Earnings Homerun for the GSEs? Serious Delinquencies Rise

October 29, 2020
Paul Muolo and Dennis Hollier
The third quarter was good to the two mortgage giants, but it wasn’t completely worry-free: Serious delinquencies spiked.
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Consumer Appetite for Condo Loans Shrinking

October 29, 2020
Dennis Hollier
Only 20% of mortgage lenders that originate condo loans expect their volume to increase, according to a new survey from Fannie Mae.
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GSEs Want Most COVID Reforms to be Permanent

October 22, 2020
Dennis Hollier
The payment deferral option will go a long way in providing a much more seamless way for borrowers to get back on track in paying their mortgages, according to the CEOs of Fannie and Freddie.
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FHFA Moves to Clamp Down New GSE Products, Activities

October 22, 2020
Dennis Hollier
A new rule proposed by the FHFA this week would ensure Fannie Mae and Freddie Mac “stay focused on their core mission and do not stray into business the market already serves well” after they exit conservatorship.
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CFPB Extends QM Patch Beyond Early Next Year

October 22, 2020
Yemeng Yang
The qualified-mortgage patch will stay in place until the “mandatory compliance date” for the new general QM definition, which the bureau is still working to finalize.
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Latest Imf News

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Featured Data

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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