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Inside The GSEs
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The Poor Performance of the Fairholme Fund? Blame Fannie and Freddie

August 1, 2018
Paul Muolo
Fairholme: “Fund performance was disappointing in the first half mostly due to the decline in the preferred shares of Fannie Mae and Freddie Mac…”
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Short Takes: Treasury Department Makes Recommendations on the FCA / A Strong Showing by Arch MI / Synergy One Looks to Add Loan Officers / Under a GOP FHFA Director, the Conservatorships Will End / Churchill Mortgage Names Regional Managers

August 1, 2018
George Brooks and Paul Muolo
A prediction: “Watch for an end to the GSE conservatorships under a Republican Director at the FHFA...
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Another Strong Profit for Freddie Mac: $2.4 Billion; A $1.6 B Dividend Payment is Expected

July 31, 2018
Paul Muolo
CEO Don Layton: "...we are generating a consistent stream of new innovations for our customers."
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Another Strong Profit for Freddie Mac: $2.4 Billion; A $1.6B Dividend Payment is Expected

July 31, 2018
Paul Muolo
Once the $1.6 billion is upstreamed to Treasury, Freddie will have an account surplus of $42.4 billion...
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Short Takes: The $600,000 Man / Freddie CEO Layton Says He Thinks About Leaving … And Staying / More CRTs on the Way? / FHFA Extends Capital Comment Period / A New Hire for MGIC

July 31, 2018
Carisa Chappell and Paul Muolo
Layton said Freddie is exploring the use of additional credit risk transfers...
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FHA/VA Serious Default Rates Down in 2Q18

July 30, 2018
John Bancroft
FHA officials are worried about rising concentrations of higher-risk loan characteristics…
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Certain Industry Factions Concerned About Growing GSE Footprint in Multifamily

July 30, 2018
Carisa Chappell
Fannie and Freddie have increased their market share in multifamily to 60 percent compared to 52 percent two years ago, according to former Obama administration official Michael Stegman…
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Buck Up, Nonbanks. The FHLB Chicago is on Your Side

July 30, 2018
Paul Muolo
REITs exploited the captive loophole earlier in the decade, gaining access to low-cost FHLBank advances.
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Speculation Mounts: Will Watt Step Down Early from the FHFA?

July 30, 2018
Paul Muolo
EEO investigations, according to one observer, must be completed within 180 days.
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As GSEs Ready 2Q18 Results, the Industry’s Lobbying Focus Shifts from Capitol Hill to Pennsylvania Avenue

July 27, 2018
Fannie Mae and Freddie Mac in a few days are expected to report second-quarter results that likely will top earnings of the prior period when they posted a combined net profit of $6.5 billion, according to an analysis by Inside MBS & ABS.
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