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Fannie Mae ‘Deferred Tax' Issue Could Be Resolved by the End of Next Week

March 28, 2013
Paul Muolo
Fannie Mae could have an answer to its 'deferred tax asset' issue by the end of next week, freeing up billions of dollars in money.
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FHFA, GSEs Announce Streamlined Mod Effort As Fannie, Freddie Loss Mit Activity Slows Further

March 28, 2013
Fannie Mae and Freddie Mac this week introduced another new, simplified loan modification program designed to help troubled borrowers avoid foreclosure and stay in their homes at a time when loss mitigation activity by the two government-sponsored enterprises appears to be losing steam. (Includes one data chart)
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Servicers Will Solicit Candidates Under New FHFA/GSE Modification Initiative

March 27, 2013
Paul Muolo
Severely delinquent Fannie Mae/Freddie Mac borrowers may get a shot at a streamlined refi under a new program unveiled Wednesday.
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Short Takes: MBA Hikes Origination Forecast, Applications Rise / Rep. Waters Applauds Move to Ban Incentive Payments on Force-Placed / Appraisal Complaints Continue / EverBank is How Large in Warehouse Lending?

March 27, 2013
Paul Muolo
Residential loan production for 2013 may turn out to be better than originally projected, thanks to a vastly improved purchase-money business.
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Short Takes: Are Loan Standards Really Loosening? / Two Harbors Looking Frothy? / Oil, Gas, and Servicing / Senate Banking Committee Chairman Retiring? / The Never Dying Story: Force-Placed Insurance

March 26, 2013
George Brooks, Paul Muolo, and Thomas Ressler
Urban legend: mortgage lenders are beginning to loosen loan standards. Well, maybe only for "rich" clients.
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IG Slams FHFA For Lack of Monitoring on How It Oversees Contractual Compliance

March 26, 2013
Charles Wisniowski
When Fannie Mae and Freddie Mac work with counterparties, they have contractual agreements that loans sold to them comply with federal and state laws governing the origination and servicing of mortgage loans.
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Banks, Thrifts Hike Their Holdings of First- Lien Mortgages

March 25, 2013
Brandon Ivey
Holding fixed-rate mortgages in portfolio was considered a dangerous practice for depositories, but no more.
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FHLB MPF Xtra Program Has Explosive Growth in 2012

March 25, 2013
Charles Wisniowski
The FHLB's MPF Xtra program – an alternative to the legacy Mortgage Partnership Finance program – saw volumes spike to $6.9 billion in 2012.
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Senate Passes Budget, Including Ban on Using G-Fees for Non-Fannie/Freddie Expenditures

March 25, 2013
Paul Muolo
As part of the budget, an amendment passed the Senate that would prevent any hike in g-fees for non-housing issues.
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Short Takes: Phyllis Caldwell, FHFA Chief? / No Independent IG for CFPB? / Two Harbors Raises More Money / No Word on MBS M&A

March 25, 2013
Paul Muolo and Thomas Ressler
Who is Phyllis Caldwell, and why is she being mentioned for the FHFA job?
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