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Home » Topics » Agency MBS » Issuers

Issuers
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Standing in the Way of Huge GSE Earnings: Not Much

October 22, 2020
Paul Muolo
What might the GSEs earn in the third quarter? Based on their securitization volume, it should be a ton. Just subtract the COVID hit.
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Freedom Passes on an IPO But Taps Debt Market for $500M

October 15, 2020
Paul Muolo and Yemeng Yang
Freedom Mortgage isn’t likely to go public this year but it’s tapping the debt market once again. Fitch weighs in.
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All’s Quiet on the Ginnie PTAP Front. Maybe Later?

October 8, 2020
Paul Muolo
Accelerating delinquencies and forbearance claims have yet to cause a liquidity crisis for Ginnie Mae issuers. How can that be? Funny you ask...
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CSBS Moves Ahead with Nonbank Servicing Standards

October 1, 2020
Paul Muolo and Brandon Ivey
As nonbank MBS servicers continue to gain market share, additional regulation looms large. The latest effort comes from the CSBS.
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Raking in the Dough, PFSI Taps the Debt Market

September 24, 2020
Paul Muolo
Another day and another debt offering by a mortgage company. This time around the issuer is PennyMac Financial, a top-ranked Ginnie Mae issuer.
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The Coming Storm: A Resurgence in Ginnie Buyouts?

September 17, 2020
Paul Muolo
Ginnie Mae buyouts have simmered down the past few months but the improvement may be ephemeral. And nonbanks might be leading the charge.
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Rate-Lock Disaster Averted (for Now) Over GSE LLPA Charge

August 27, 2020
Paul Muolo
The controversial refi-related LLPA from Fannie Mae and Freddie Mac has been delayed until later in the year. Might it be killed outright? (Lenders can only hope.)
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New Requirements Issued for MyGinnieMae Users

August 6, 2020
Maria Volkova
Ginnie Mae’s online portal will be the sole avenue to access all its systems, including GinnieNET and GMEP, from Dec. 1.
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Ginnie Not Exactly Swamped with New Issuer Applications

July 30, 2020
Paul Muolo
Where are all the Ginnie Mae applicants? The waiting list has dwindled to a trickle. Reason: The pandemic and related issues.
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Should the Fed Create a Liquidity Facility for MBS?

July 23, 2020
Paul Muolo
Former Ginnie President and current PennyMac Director Ted Tozer thinks so.
Read More
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