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Inside The GSEs
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Short Takes: A New Loan Record for Freddie Mac / CFPB Warns Seniors About Reverses / Refis on the Rise a Bit / SFR Official Gets Ginnie Job / A New Hire for Mortgage Network

August 24, 2017
Paul Muolo and Sherry Muolo
According to a Freddie spokesman, the loan represents the “the largest-ever single-asset tax-exempt financing completed” by the GSE…
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Jumbo Lending Increased in 2Q17, but Volume Lagging Last Year’s Pace

August 22, 2017
Brandon Ivey
Wells Fargo regained the title of the top non-agency jumbo lender in the second quarter, besting Chase…
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Short Takes: loanDepot’s Hsieh has Some Fun / Fannie’s Forecast / Finance of America Ramps Up Reverses / Jumbo Credit Standards Loosened, Somewhat / New Regional Hires for Silver Hill

August 22, 2017
Paul Muolo and Brandon Ivey
No update from loanDepot on the IPO, but CEO Anthony Hsieh took some shots at the rumor mill...
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The Final Tally for 2Q17: FHA Lending Up, VA Production Down

August 22, 2017
George Brooks
Nonbank home originators continued to dominate the top five FHA rankings...
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A New Tally: Nonconforming Originations Hit $7 Billion in 2Q17

August 21, 2017
Brandon Ivey
Our ranking of the nonconforming sector is divided among lenders that specialize in the products and those where it accounts for a small slice of production.
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Watt Hinted He Won’t Alter the Dividend Payment Soon but That Doesn’t End the Debate

August 21, 2017
Paul Muolo
One lobbyist told Inside Mortgage Finance this week he believes that Watt eventually will strike a deal on the issue with Treasury, but he was uncertain how it might play out.
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Bank Investment in MBS Sets a New Record: $1.799 Trillion

August 21, 2017
John Bancroft
Total bank investment in residential MBS rose by $36.28 billion during the second quarter…
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Millennials Have Major Homebuying Anxiety

August 21, 2017
Sherry Muolo
Having enough money to make a downpayment was a concern of 63 percent of millennial respondents…
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HARP Lives for Another Year as Fannie and Freddie Outline Its Eventual Replacements

August 18, 2017
The Home Affordable Refinance Program was arguably one of the most successful initiatives aimed at delivering consumer relief in the wake of the housing meltdown. It’s proving hard to kill. The Federal Housing Finance Agency this week extended HARP for another year, until the end of 2018. It was slated to sunset at the end of this year. The program has been extended several times since it was authorized back in 2009. The extra year is...
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Those Incredibly Shrinking GSE MBS Portfolios – a 5.3 Percent Decline in 2Q17

August 18, 2017
John Bancroft
Today, Fannie and Freddie hold $13.50 billion of subprime and Alt A MBS. At the end of 2005, they had a staggering $258.67 billion in such assets.
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