Retail Loans Less Risky in Agency Market February 7, 2018 John Bancroft Although Freddie Mac had a higher average credit score than its rival GSE, Fannie Mae had slightly lower average DTI and LTV ratios… Read More
Freddie Mac Looks to Carve Out New Niche for Specified Pools February 7, 2018 Carisa Chappell Mortgages with low loan balances appeal to investors because of their lower prepayment risk…Read More
Short Takes: The FHFA Version of Mick Mulvaney / Political Appointees at the FHFA? / Waiting on Hensarling’s GSE Draft / A Strong Profit for Genworth / Reverse Lender Goes Forward February 7, 2018 Paul Muolo Rep. Hensarling, a Republican from Texas, has yet to unveil a legislative blueprint…Read More
Chairman of House Financial Services Subcommittee Pondering GSE Reform February 6, 2018 Carisa Chappell and Paul Muolo MBA’s Dave Stevens worries about what might happen to the mortgage market under a Trump-appointed FHFA director…Read More
TIAA Preps Jumbo MBS with Loans Originated by Unit Formerly Known as EverBank February 6, 2018 Brandon Ivey In recent years, only two other banks have issued jumbo MBS: JPMorgan Chase and Flagstar...Read More
Short Takes: What Stock Market Correction? / Bond Prices? / Fretting Over Fannie-Freddie Common / The GSE Message from Jeb and Steve / BlackRock Likes Genworth / New Penn Gets a New President / FSR Chief Pawlenty Departs February 6, 2018 Carisa Chappell and Paul Muolo The price of Fannie Mae and Freddie Mac common is getting smacked around...Read More
GSE Single-Family Business Off to a Weak Start in January February 5, 2018 John Bancroft It was the GSEs’ weakest monthly output since May 2017…Read More
Citadel Posts Record Originations in January. Angel Oak is Busier than Ever February 5, 2018 Paul Muolo Citadel is working on its first MBS deal…Read More
Fannie’s Re-entry into the LIHTC Market: $100 Million for Affordable Rentals February 5, 2018 Carisa Chappell The Raymond James Affordable Housing Fund is part of the GSEs’ effort to provide capital for affordable rental housing and underserved markets. Read More
Short Takes: Ginnie is Good, but is it That Good? / Brunts Bolts Freddie for USB / Moody’s Downgrades New Rez, Citing Reliance on Subs / The Wild Ride of the 10-Year Treasury / New Mortgage Chief at SunTrust February 5, 2018 Paul Muolo On Friday, Moody’s downgraded the issuer rating of New Residential Investment Corporation...Read More
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