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Inside The GSEs
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Short Takes: 25 Comments So Far on GSE Capital / Count Stegman and DeMarco Among Them / A FHFA Director Candidate? / China Changes Gears on U.S. RE / Large Georgia Bank Buys Florida Depository

July 25, 2018
Carisa Chappell and Paul Muolo
Among those weighing in on GSE capital: Michael Stegman, senior fellow at the Milken Institute, and former FHFA Acting Director Ed DeMarco...
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Freddie Official: Big Data and Advanced Analytics will Change the Business

July 25, 2018
Brandon Ivey
Chris Boyle, chief client officer at Freddie Mac: “I don’t know how half of you make money.”
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Flagstar Posts Decent Originations but Expresses Concern About GOS

July 25, 2018
Paul Muolo
At June 30, Flagstar serviced $120.3 billion in home mortgages, but 77.5 percent of that represents subservicing contracts…
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Concerns Resurface About GSE ‘Charter Creep’; MBA Gets Vocal

July 24, 2018
Paul Muolo
But AEI researchers weren’t the only ones throwing bombs…
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Congressionally Mandated Cap on GSE CEO Pay a Factor in Mayopoulos’ Departure at Fannie?

July 24, 2018
Paul Muolo
Fannie’s board soon will begin its search for a new CEO – a position that will need the blessing of its largest shareholder, the U.S. Treasury Department.
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FHFA Says No Decision in 2018 Regarding Updating Credit Score Models

July 24, 2018
Carisa Chappell
After two years of work, the FHFA throws the idea out the window...
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Short Takes: Academy Mortgage Says It’s Not for Sale / Living on $600,000 Per Year in the Washington, DC, Area / Don Layton? / FHFA and Treasury Must Sign Off / Fannie’s Top Earners

July 24, 2018
Paul Muolo
Among Fannie’s top five executives, all earn more money per year than Mayopoulos...
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Industry Not Surprised by Mayopoulos’ Departure at Fannie; His #2 Makes Five Times What He Earns

July 24, 2018
Paul Muolo
Fannie’s board soon will begin its search for a new CEO – a position that will need the blessing of its largest shareholder, the U.S. Treasury Department.
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Nonbanks Continue Gaining Share in GSE Servicing Business

July 23, 2018
John Bancroft
The top grower in the nonbank world was Freedom Mortgage, which upped its GSE servicing by $19.36 billion, 29.7 percent…
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Another Record Non-QM Production Quarter for Angel Oak. Head Count Reaches 527

July 23, 2018
Paul Muolo
Since 2015, Angel Oak Capital Advisors has completed seven non-QM securitizations...
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