Industry Group Calls for Mark-to-Market Suspension April 10, 2020 Dennis Hollier The Real Estate Roundtable urged regulators to suspend mark-to-market rules as the industry fights off the economic impact of the coronavirus. Read More
Don Layton’s Unconventional Cure for the Liquidity Crisis April 10, 2020 Dennis Hollier Former Freddie Mae CEO Don Layton suggests short- and long-term solutions for the liquidity problems faced by nonbank mortgage servicers. Read More
Milbank to Advise FHFA on Ending Conservatorships April 10, 2020 Dennis Hollier Milbank has won a one-year, $3 million contract from the FHFA to provide legal services related to ending the conservatorships.Read More
Freddie Prices K-Deals Worth $1.7 Billion April 10, 2020 Dennis Hollier Freddie Mac priced two K-deals, which include separate floating-rate tranches linked to LIBOR and SOFR. Read More
We’ve Got Two Months to Fix This: Calabria March 27, 2020 Dennis Hollier If the coronavirus crisis goes on for more than six to eight weeks, FHFA Director Mark Calabria sees mortgage servicers under “a lot of stress.”Read More
GSEs and the Dollar Roll Shuffle (Also Happened) March 27, 2020 Dennis Hollier The Federal Housing Finance Agency this week temporarily allowed Fannie and Freddie to finance mortgage-backed securities.Read More
FHFA Puts Capital Rule on Hold March 27, 2020 Dennis Hollier One of the early casualties of the coronavirus outbreak is the much-anticipated, re-proposed capital rule for Fannie Mae and Freddie Mac.Read More
Appraisals and Income Verification Guidance Amid COVID-19 March 27, 2020 Dennis Hollier Fannie and Freddie are providing “alternative flexibilities” to reduce the need for appraisers to inspect the interior of a home.Read More
Fed MBS Purchases Pause Mortgage Market Skid March 27, 2020 Dennis Hollier Federal Reserve operations this week swallowed up more than $39.8 billion in agency MBS, including about $31.7 billion in uniform MBS. Read More
Multifamily Borrowers and Renters also Get Relief March 27, 2020 Dennis Hollier The GSEs have extended their forbearance programs to include multifamily borrowers and renters experiencing hardship due to COVID-19.Read More
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