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Inside The GSEs
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Nonbanks Continue to Build Market Share

December 27, 2018
John Bancroft
Nonbanks among the top 100 reported a mild 0.9 percent drop in new business, while depository institutions saw production fade 4.0 percent.
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Short Takes: Trouble Ahead for FHA? / Steve Mnuchin’s Christmas Eve Massacre / Significant Players in the Mortgage Market / Who Knows / Who Put the Thought in the Treasury Secretary’s Head? / Craig Phillips Rising? / A New Hire for StoneHill

December 26, 2018
Paul Muolo
Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…
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GSE Seller Buybacks Hit Record Low, Uptick in Unresolved Claims

December 26, 2018
John Bancroft
Buybacks by GSE seller/servicers set a new quarterly low…
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CFPB Details HMDA Data Fields That will be Released Publicly, Opts for Borrower Privacy

December 26, 2018
Brandon Ivey
The loan originator’s unique identifier assigned by the Nationwide Mortgage Licensing System and Registry will not be disclosed publicly…
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FHFA Nominee’s Past Comments Could Come Back to Haunt Him (With Democrats at Least)

December 26, 2018
Dennis Hollier
As the former director of financial regulation studies at the Cato Institute, Mark Calabria brings a decidedly libertarian perspective to housing finance.
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GSE Roundup

December 21, 2018
Miscellaneous news items about the government-sponsored enterprises.
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Testimony on the Long-Delayed House Hearing on Housing Reform

December 21, 2018
On Friday, just two days before the Congress recessed for the holidays, House Committee on Financial Services Chairman Jeb Hensarling, R-TX, surprised industry observers by holding the long-delayed hearing on his pet project, “The Bipartisan Housing Finance Reform Act of 2018.”
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GSEs Must Focus on Access to Credit, Foreclosure Prevention

December 21, 2018
There are no surprises in the Federal Housing Finance Agency’s 2019 scorecard, which outlines its conservatorship priorities over the coming year for Fannie Mae, Freddie Mac and their joint venture Common Securitization Solutions. The report underscores goals dating from the FHFA’s 2014 strategic plan.
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Banks Hold $553 Billion of FHLB Advances

December 21, 2018
Banks held $553.4 billion of Federal Home Loan Bank advances at the end of the third quarter, according to Inside The GSEs analysis of call reports.
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Calabria’s Past Comments on GSEs, Securitization and More

December 21, 2018
“Securitization is the false god that failed us.” These are the words of Mark Calabria, the conservative economist whom the Trump administration nominated last week as director of the Federal Housing Finance Agency, replacing Mel Watt, whose term ends in January.
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