Freddie Earned $2.7 Billion (Net) in 3Q18. Treasury Will Get $2.6 Billion October 31, 2018 Paul Muolo Freddie said it expects to make the $2.6 billion dividend payment in December.Read More
Nonbanks Kept Growing Origination Share in 3Q18 October 31, 2018 John Bancroft Year-over-year, United Wholesale Mortgage had the largest gain at 52.2 percent, based on originations through the first nine months of 2018.Read More
Short Takes: Judging Risks and Rewards at Freddie / The Gift that Keeps on Giving: The Trump Tax Cut / Despite Some Losses, Mortgage Bankers Remain Liquid / An Earnings Decline at Radian / Leaving Wells Fargo for a Nonbank October 31, 2018 Carisa Chappell and Paul Muolo Freddie Mac benefited to the tune of $200 million (pre-tax) by reducing the write-down on its net deferred tax asset...Read More
Freddie’s Layton: GSE CRT Economics Sometimes Misunderstood October 31, 2018 Carisa Chappell Freddie CEO Don Layton said the CRT deals are “amazingly efficient…”Read More
Mortgage Complaints Took a Dive in 3Q18 October 30, 2018 John Bancroft Wells Fargo once again led the complaint pack…Read More
Fairholme Tells Investors Court Ruling ‘Should Advance’ the ‘Re-IPO’ of Fannie and Freddie October 30, 2018 Paul Muolo Fairholme adds: “This is good news when you count the cash that Fannie and Freddie have earned and will earn.”Read More
Digital Footprint Useful for Predicting Loan Defaults October 30, 2018 Brandon Ivey Fun fact: Consumers with their names in the email address were 30 percent less likely to default than other customers.Read More
A Sure Bet for the New FHFA Director: No More GSE Pilot Programs? October 29, 2018 Paul Muolo The fact that these initiatives were ever approved by the FHFA angered critics of the government-sponsored enterprises…Read More
Prestwick Announces Auction of GSE, Private Investor MSRs October 29, 2018 Paul Muolo Fannie Mae receivables dominate the package at $70.9 million...Read More
Short Takes: Bill Dallas Speaks / FoA’s New Reverse Product / A Blow-Out Earnings Number from Freddie? / Fannie? / No Permanent President for Ginnie, Still / Former FHLB Chicago Exec Named President of CU Mortgage Firm October 29, 2018 Brandon Ivey and Paul Muolo On Wednesday, Freddie Mac will release third-quarter results...Read More
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