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Inside The GSEs
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Fannie Mae Hires Ex-FGMC CEO Andy Peters as ‘Strategy Advisor’

September 6, 2018
Paul Muolo
Peters departed First Guaranty Mortgage Corp. earlier this year...
Read More

Freddie CEO Don Layton Announces His Retirement. (Good Luck Finding a Successor)

September 6, 2018
Paul Muolo
Finding a suitable candidate could prove difficult because of a $600,000 salary cap placed on the position by Congress back in 2015.
Read More

In His Waning Days as HFSC Chairman, Hensarling Introduces New GSE Reform Bill. (Yes, Really)

September 6, 2018
Paul Muolo
One housing lobbyist dismissed the bill as misguided, adding: “This is like someone laying on their death bed after drinking and sinning and finally realizing they need to get baptized.”
Read More

Agency MBS Production Up Again in August. For Purchase Business, a Post-Crisis High

September 6, 2018
John Bancroft
August often sets the high-water mark for annual purchase-loan business for the agencies…
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29 Trade Groups and Organizations Ask White House and Congress to ‘Cement’ GSE Progress

September 5, 2018
Paul Muolo
The letter – signed by trade groups both large and small – comes a day before the 10th anniversary of the federal takeover of Fannie and Freddie...
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Short Takes: That Was Then, This is Now (Fannie/Freddie) / Not Much Traction / Invitation Homes’ SFR Portfolio: 80,000 Rentals / Former FHFA Chief Nominated by Trump / A New Hire for Pavaso

September 5, 2018
Paul Muolo
Since 2012, Fannie and Freddie have been minting money...
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Freddie CEO Don Layton Announces His Retirement

September 5, 2018
Paul Muolo
For its internal candidate, Freddie has identified David Brickman to succeed Layton.
Read More

GSE Buybacks Declined in 2Q18, but Pipeline of Pending Demands Grew

September 4, 2018
John Bancroft
Only a trace amount – 0.5 percent – of unresolved buyback cases were related to loans purchased by the GSEs before 2009.
Read More

Trades Working on a ‘Don’t Do Anything Rash’ GSE Letter to Treasury

September 4, 2018
Paul Muolo
There’s a growing concern about a potential reduction in GSE loan limits…
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Mortgage Banking Income at Depositories Held Steady in 2Q18, Call Reports Show

September 4, 2018
John Bancroft
For many depositories, there’s a significant mismatch between their reported mortgage banking income and what’s on their call reports…
Read More
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