Stop the Presses: A GSE Bill Passes the House Financial Services Committee but… December 14, 2017 Carisa Chappell The panel approved the bill on a partisan vote of 33 to 27. It was one of 13 bills advanced by the panel…Read More
Short Takes: Keeping Tabs on GSE Dividends / The GOP Tax Plan and DTAs / Good News for ‘Conforming’ Jumbos? / LendingTree Getting Frothy? / First Republic Bank Stands Out in Second Liens December 14, 2017 Brandon Ivey and Paul Muolo The share price of online loan broker LendingTree is looking a bit pricey these days at $337.80 a unit...Read More
MBA Chief Dave Stevens: The GSE Capital Buffer is a Distraction December 14, 2017 Paul Muolo The CHLA repeated its plea that FHFA Director Mel Watt withhold GSE dividend payments to Treasury and allow Fannie and Freddie to build capital…Read More
Short Takes: GSE Dividend Payments: All Systems Go? / Cutting GSE Shareholders out of the Equation? / Wintrust Buying Mortgage Assets from VA Lender / UWM and MC Strike Deal / Chase Exec Bolts for Hamilton December 13, 2017 Paul Muolo In a new blog posting, Investors Unite asks the basic question: “Are Fannie’s and Freddie’s foes driving GSE reform?”Read More
JPM’s New Non-Agency MBS Chock Full of ‘Agency Eligible’ Loans December 12, 2017 Brandon Ivey The conforming mortgages in the deal were largely originated by correspondent lenders…Read More
REITs and Nonprime Lenders Look to Strike ‘Working Relationships’ December 12, 2017 Paul Muolo Mike Fierman, managing partner and co-CEO of the Angel Oak Companies: “I get calls every day” from investment funds.Read More
The Industry Shows Concern (Once Again) about GSE Technology and Potential Abuses December 11, 2017 Carisa Chappell MBA: Fannie and Freddie should only undertake those activities that support secondary market liquidity…Read More
Short Takes: And Now for a Word About Bitcoin / Can Trump Clear the Air? / Consultant Wonders about Endorsements / MIAC Selling NPLs, RPLs / Farmer Mac CEO Fired with No Severance December 11, 2017 Paul Muolo One of these days an answer will arrive, but until a mortgage company is sold for Bitcoins, we’ll stay on the sidelines…Read More
Agency MBS Issuance Up Slightly in November. Another Big Month for Freddie December 8, 2017 John Bancroft It was Freddie Mac’s second-largest month of the year...Read More
Agency MBS Issuance Up Slightly in November As Freddie Mac Notches Another Big Month December 8, 2017 Issuance of agency single-family MBS was up modestly in November, stemming a two-month slide in production, according to a new Inside MBS & ABS ranking and analysis.Read More