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Mortgage Data Initiatives Viewed as Valuable To Lenders, But They Also Create Challenges

February 2, 2018
Data initiatives meant to streamline technological innovations and provide better information are actually giving mortgage lenders a hard time. A new report by Fannie Mae showed that 74 percent of lenders agree that attempts to standardize data are needed, but many run into challenges in implementation.
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Ginnie Mae Plans Broad Improvements to Pool Disclosures to Benefit Market Players

February 2, 2018
Ginnie Mae is planning to make enhancements to its disclosure offerings in 2018 and 2019 to benefit MBS issuers and investors.
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NAR Wants FHFA to Reduce G-Fees, LLPAs

February 2, 2018
Paul Muolo
The NAR request comes at a time of rising interest rates…
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GSE Credit-Risk Transfers Slowed Significantly in 4Q17

February 2, 2018
John Bancroft
Fannie and Freddie issued just $2.01 billion of structured credit notes during the fourth quarter, a sharp 44.5 percent drop from the previous period…
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Housing Finance Reform Waits for the Democrats to Show Up. (Don’t Hold Your Breath)

February 1, 2018
Paul Muolo
Bill Maloni, a retired Fannie executive who’s been tracking the reform debate for years, believes the Corker bill, if enacted as is, eventually will place the secondary market in the hands of the megabanks.
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Trump White House Working on a ‘Short List’ to Replace FHFA Director Mel Watt?

February 1, 2018
Paul Muolo
Calabria is a former director of financial regulation studies at the Cato Institute, a conservative think tank that would like to do away Fannie and Freddie…
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Ginnie Raises Some Caution Flags for MBS Servicers: Delinquency Rates, Business Models and Undue Risk

February 1, 2018
Ginnie Mae late last week cautioned servicers in its single-family mortgage-backed securities program to pay more attention to “acceptable risk parameters” that could affect their participation in the program.
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Corker’s GSE Bill Raises a Host of Questions. Five or Six MBS Guarantors Need to be Up and Running For it to Work

January 31, 2018
Paul Muolo
The FHFA would be tasked with maximizing profits on any asset sales by Fannie and Freddie, according to the Corker bill…
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Dever, Iannicola Latest Additions to Short List for CFPB Director. Or Maybe Jerry Buckley?

January 30, 2018
Thomas Ressler
“Jerry Buckley would fit the bill perfectly,” said one industry lobbyist...
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More Lenders Contributing to Prime Jumbo MBS; Flagstar Becomes a Player

January 30, 2018
Brandon Ivey
Flagstar contributed $1.02 billion to jumbo MBS last year, or 9.4 percent of the total market…
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