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Short Takes: A Government Shutdown-Related Reminder from Fannie Mae / A Fundraising Record for MBA’s MORPAC / Rising Worries, Falling Rates / Nervous / AI Gets a New (Annual) President

January 2, 2019
Paul Muolo and Brandon Ivey
At press time, the yield on the benchmark 10-year Treasury was at 2.67 percent, the lowest reading in almost 12 months…
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GSE Credit Scoring Models: The Future is Unwritten

December 31, 2018
Dennis Hollier
Fannie and Freddie tossed out the idea of creating their own internal models as impractical...
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Short Takes: Worrying About the IRS / NRMLA Talking to Members about the HECM Situation / Most Underwriting Can Continue / Mnuchin’s Future / OCC Hires SBC Attorney

December 31, 2018
Paul Muolo
Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."
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FHFA Nominee’s Past Comments Could Come Back to Haunt Him (With Democrats at Least)

December 26, 2018
Dennis Hollier
As the former director of financial regulation studies at the Cato Institute, Mark Calabria brings a decidedly libertarian perspective to housing finance.
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GSE Seller Buybacks Hit Record Low, Uptick in Unresolved Claims

December 26, 2018
John Bancroft
Buybacks by GSE seller/servicers set a new quarterly low…
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Short Takes: Trouble Ahead for FHA? / Steve Mnuchin’s Christmas Eve Massacre / Significant Players in the Mortgage Market / Who Knows / Who Put the Thought in the Treasury Secretary’s Head? / Craig Phillips Rising? / A New Hire for StoneHill

December 26, 2018
Paul Muolo
Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…
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CBO Renews Calls for G-Fee Increase, Loan Limit Reduction

December 21, 2018
In what’s become a nearly annual event, the Congressional Budget Office this week suggested raising the guarantee fees charged by Fannie Mae and Freddie Mac, and/or lowering the loan limit, in order to reduce the federal deficit.
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Have Yourself a Merry Little … Okay Maybe Not in 2019. Lenders Feeling Anxious These Days

December 21, 2018
Brandon Ivey
The profit margin outlook has declined for nine consecutive quarters…
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Securitization Rates Nudge Higher in 3Q18 as Issuance Catches Up with Primary Market

December 21, 2018
John Bancroft
The securitization rate increased to 71.6 percent in 3Q18 compared to 65.0 percent in the previous period…
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SIFMA Meets with White House Officials on GSE Single-Security Initiative

December 21, 2018
John Bancroft
The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...
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