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Inside The GSEs
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Commercial MBS Issuance Rebounds from a Slow Start

August 9, 2018
John Bancroft
Meanwhile, Fannie Mae and Freddie Mac accounted for 82.5 percent of all multifamily loans securitized in the first half…
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GSE Shareholders Propose New Theory in their Legal Challenge: the FHFA is Unconstitutional

August 9, 2018
Carisa Chappell
Legal argument: If the FHFA is unconstitutional, then the net worth profit sweep must be…
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Private MIs Boost Market Share in 2Q18, Report Post-Crisis Record in Earnings

August 9, 2018
John Bancroft
Arch wrote $19.94 billion of traditional policies in the second quarter, ranking first overall, according to exclusive figures compiled by Inside Mortgage Finance. Radian was second with $16.36 billion…
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More of the Same from Ditech: A Net Loss, Lower Originations and Liquidity Concerns

August 9, 2018
Paul Muolo
In June, Ditech agreed to sell MSRs to New Penn Financial...
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Impac Reports Large Loss for 2Q18, Blames Cash Call. Is Keen to Grow Non-QM Production

August 9, 2018
Paul Muolo
A spokesman said Impac is now funding $100 million per month in nonprime loans and plans to grow the business further.
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Fannie/Freddie Regulator is Drawing More Attention in Waning Months of Watt’s Tenure

August 9, 2018
Mel Watt isn’t likely to ride quietly off into the sunset as his term as director of the Federal Housing Finance Agency draws to a close at the end of this year.
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House Subcommittee Plans Hearing on ‘Waste, Fraud and Abuse’ Allegations at the FHFA. The GSEs?

August 9, 2018
Carisa Chappell
There was no mention of Freddie Mac’s CEO, Don Layton.
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Mortgage Banking Income Fades at Banks

August 8, 2018
John Bancroft
Second-ranked JPMorgan Chase had a similarly disappointing quarter.
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Another Record Non-QM Production Quarter for Citadel. 2018 Production Could Top $1.8 Billion

August 8, 2018
Paul Muolo
At the end of July, Citadel serviced $1.75 billion of non-QMs…
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Redwood Reports Lower Earnings, but a Rise in Loan Purchases

August 8, 2018
Paul Muolo
At June 30, Redwood held $5.5 billion of residential loans on its books, up 40.6 percent from a year ago.
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