Nation’s Largest ‘mREIT’ Annaly Pounces Again, Agrees to Buy MTGE May 3, 2018 Paul Muolo Roughly two years ago, Annaly bought Hatteras Financial, Winston-Salem, NC, in a deal valued at $1.5 billion.Read More
NAR Sees $6.5B in GSE Profits and Asks the FHFA for Reductions in G-Fees, More May 3, 2018 Paul Muolo The NAR is hoping that a cut in g-fees (and LLPAs) ultimately will be passed down to consumers – who buy homes from NAR’s members.Read More
Short Takes: Investors Unite: Mel Watt is the Only One ‘Tuned into Reality’ / Strong 1Q18 Results for Nationstar / Loan Production Not so Bad Either / Finance of America Wants Brokers to Call it This / Correction on New Day May 3, 2018 Paul Muolo Investors Unite: "We’re in trouble if the secret plan for GSE reform rests on axing the only public official who is actually tuned into reality…”Read More
Finally, Agency MBS Issuance Heads North After a Weak 1Q18 May 3, 2018 John Bancroft Freddie Mac had the biggest monthly increase at 22.9 percent…Read More
Price War on GSE Guarantee Fees Ended in Early 2018 in Response to FHFA Directive… May 3, 2018 John Bancroft and Carisa Chappell Freddie CEO Donald Layton told Inside MBS & ABS that implementation of the FHFA directive “has largely been complete.”Read More
Fannie Mae Has a Blowout 1Q18, Will Make a $938M Dividend Payment to Treasury May 3, 2018 Paul Muolo and Carisa Chappell Come June, Fannie Mae will cut a new dividend check to Uncle Sam...Read More
Net Income of $8.3M for Great Ajax, REIT Looks to Acquire More RPLs May 2, 2018 Brandon Ivey Great Ajax’s forte is buying re-performing mortgages…Read More
Freddie CEO Don Layton Weighs in on IMAGIN Pilot Program May 1, 2018 Carisa Chappell Early on, research firm B. Riley FBR described IMAGIN as “an offshore structure [that] could enable a lower price.”Read More
Freddie Posts Strong 1Q18 Profit Thanks to G-Fee Income, Gains from Derivatives (and No More DTA Hits) May 1, 2018 Paul Muolo Even though the GSE posted a strong profit, it saw MBS issuance fall 37.2 percent in the first quarter... Read More
Redwood Trust to Acquire Minority Stake in Non-Agency Lender 5 Arches April 30, 2018 Brandon Ivey “The opportunity for us is clear,” said Christopher Abate, president of Redwood. “Capital needs in this still emergent sector of housing finance continue to rise..."Read More