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Inside The GSEs
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Calabria Defends Living Wills; Industry Panel Not Convinced

May 14, 2021
Dennis Hollier
Industry stakeholders believe the creation of GSE “wills” are a good exercise to go through, but suspicions abound.
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The Reach of Low-Income Refi Programs Underestimated

May 14, 2021
Dennis Hollier
Out of the $3.158 trillion unpaid principal balance in Fannie’s population of outstanding MBS, $201.3 billion would be eligible for a refi under the new program.
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FHFA Hears Complaints from Small MF Lenders

May 14, 2021
Dennis Hollier
Even though the GSEs actively support small lenders on the single-family side of the house, critics say their multifamily businesses continue to favor larger financial institutions.
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FHFA Announces RFI on Short-Term Rentals

May 14, 2021
Dennis Hollier
The GSEs’ aversion to projects that include transient rental income has riled investors and second-home buyers in some resort communities.
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Death of an Index. (No, We Aren’t Talking About LIBOR)

May 14, 2021
Dennis Hollier
Fannie and Freddie prepare to replace the 11th District Monthly Weighted Average Cost of Funds Index or COFI.
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Genworth Puts Mortgage Insurance IPO on Hold

May 14, 2021
Dennis Hollier and Paul Muolo
Has Genworth Financial found a buyer for its lucrative mortgage insurance subsidiary Enact? Or was it just Mr. Market and his valuation?
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Fannie Mae CFO Brown to Leave at Month’s End

May 14, 2021
Dennis Hollier
Is Brown’s departure the latest sign that the C-suites of the GSEs no longer expect the conservatorship to end soon?
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Freddie Steps Up Its Multifamily Offerings

May 14, 2021
Dennis Hollier
Over the past two weeks, Freddie courted the debt market with four multi-family offerings worth a total of $2.93 billion.
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Items on Fannie’s Menu This Week: NPL and RPL Deals

May 14, 2021
Dennis Hollier
Fannie continues to cut the size of its retained mortgage portfolio.
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The Profits Keep Rolling Along at Fannie and Freddie

April 30, 2021
Paul Muolo
Fannie and Freddie once again turned in stellar results. In the first quarter, profits increased along with their net worth positions. (Includes data chart.)
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