Congress Pushes FHFA to Revise Capital Rules for FHLB Members December 2, 2022 Dennis Hollier If the nation goes into recession, paper losses on Treasuries and MBS may deprive small community banks from accessing critical FHLBank advances.Read More
Mortgage Brokers Push for Removal of Cash-Out Fee December 2, 2022 Dennis Hollier Mortgage brokers argue homeowners shouldn't have to pay fees to fund governmental policy initiatives.Read More
District Court Tosses Collins v. Yellen (For Good?) December 2, 2022 Dennis Hollier A district court judge in Houston said the plaintiffs weren’t able to prove that they were harmed because President Trump was prevented from removing FHFA Director Mel Watt from office for two years.Read More
GSEs Set Stage for New Conforming Loan Limits December 2, 2022 Dennis Hollier As of Jan. 1, Fannie Mae and Freddie Mac will for the first time be able to purchase one-unit single-family loans worth more than $1 million.Read More
Fannie Releases Cohort-Level Social Data December 2, 2022 Dennis Hollier A new Fannie chartbook provides detailed cohort-level data on the socially oriented lending backed by the enterprise.Read More
Analysts Discuss TBA vs. Specified-Pool Pricing December 2, 2022 Dennis Hollier Tight spreads in the money markets keep some liquidity in the to-be-announced market.Read More
Fannie Releases a Loan Defect Taxonomy for 2022 December 2, 2022 Dennis Hollier A table comprised of 13 categories and dozens of subcategories itemizes all the ways a mortgage loan can go bad.Read More
Fannie Wraps Up CRT for the Year December 2, 2022 Dennis Hollier Fannie’s last CIRT transaction of 2022 covers $343 million in credit risk on $10.1 billion in single-family loans.Read More
Higher Interest Rates Juice FHLBanks’ 3Q22 Earnings November 18, 2022 Dennis Hollier Systemwide, FHLBank advances grew 36.5% in the third quarter, helping drive a 51.1% sequential increase in profits. (Includes three data charts.)Read More
FHFA Reduces Multifamily Caps as Market Contracts November 18, 2022 Dennis Hollier The volume of multifamily loans the enterprises can purchase will be smaller in 2023, but the FHFA also expanded the mission-oriented qualifications.Read More