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Senate Committee Reschedules Hearing on Fannie, Freddie Pilots

October 26, 2018
A Senate hearing on Fannie Mae and Freddie Mac pilot programs is back on the schedule for the lame-duck session of Congress following the elections next month.
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GSEs Preparing Industry for 2019 Launch of Major Initiatives

October 26, 2018
Fannie Mae and Freddie Mac said it’s critical that the mortgage industry prepare now to implement both the Uniform Mortgage Data Program and the single security next year.
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Fannie Deploys New Tool to Help Servicers with Investor Reporting

October 26, 2018
Fannie Mae recently introduced a new tool – the Loan Servicing Data Utility platform – to simplify investor reporting.
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A Sure Bet for the New FHFA Director: No More Fannie/Freddie Pilot Programs?

October 25, 2018
As the White House continues looking for the right candidate to head the Federal Housing Finance Agency, industry trade group officials and stakeholders have come to the conclusion that the days of new “pilot” programs for Fannie Mae and Freddie Mac may be over.
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New Residential Reports Strong 3Q18 Results, Bought $43B of MSR During the Period

October 25, 2018
Paul Muolo
The New York-based real estate investment trust has been on an MSR acquisition tear the past three years...
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Private MIs Push for More Transparency in GSE Pricing, Underwriting

October 25, 2018
John Bancroft
While the FHFA has proposed a formal rulemaking on GSE capital, the current standard known as the conservatorship capital framework has not been made public…
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The Final Tally for 3Q18 Originations: $435 Billion. Modest Declines Expected in the Quarters Ahead

October 25, 2018
John Bancroft
The mortgage market was somewhat more top-heavy in the third quarter, with the top 25 lenders accounting for 57.7 percent of total production…
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Short Takes: HUD Chief on GSE Reform / Carson’s Sober Take on Interest Rates / New Rez’s MSR Bet Paying Off? / In Love with a 4 Percent Mortgage / Incenter Executive Leaves for Blue Water

October 25, 2018
Paul Muolo
HUD Secretary Ben Carson had some sobering thoughts about low interest rates...
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Jumbo-Conforming Spread Closer than Perceived

October 24, 2018
Brandon Ivey
During the financial crisis, average interest rates on conforming mortgages were much lower than rates on jumbos…
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Industry Consultant Dave Lykken: Fourth Quarter will be a ‘Blood Bath’

October 24, 2018
Paul Muolo
Rick Roque, managing director of Menlo Company, sees tough times ahead as well...
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