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Home » Topics » News » Inside The GSEs

Inside The GSEs
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Freddie CEO Don Layton Announces His Retirement. (Good Luck Finding a Successor)

September 6, 2018
Paul Muolo
Finding a suitable candidate could prove difficult because of a $600,000 salary cap placed on the position by Congress back in 2015.
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Fannie Mae Hires Ex-FGMC CEO Andy Peters as ‘Strategy Advisor’

September 6, 2018
Paul Muolo
Peters departed First Guaranty Mortgage Corp. earlier this year...
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First-Time Buyers Continue Gaining Share in Red-Hot Purchase Market; PMIs Step Up…

September 6, 2018
John Bancroft
The nation’s PMIs have made a significant dent in the first-timer market, insuring a greater volume of mortgages guaranteed by Fannie and Freddie…
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Freddie CEO Don Layton Announces His Retirement

September 5, 2018
Paul Muolo
For its internal candidate, Freddie has identified David Brickman to succeed Layton.
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Short Takes: That Was Then, This is Now (Fannie/Freddie) / Not Much Traction / Invitation Homes’ SFR Portfolio: 80,000 Rentals / Former FHFA Chief Nominated by Trump / A New Hire for Pavaso

September 5, 2018
Paul Muolo
Since 2012, Fannie and Freddie have been minting money...
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29 Trade Groups and Organizations Ask White House and Congress to ‘Cement’ GSE Progress

September 5, 2018
Paul Muolo
The letter – signed by trade groups both large and small – comes a day before the 10th anniversary of the federal takeover of Fannie and Freddie...
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Mortgage Banking Income at Depositories Held Steady in 2Q18, Call Reports Show

September 4, 2018
John Bancroft
For many depositories, there’s a significant mismatch between their reported mortgage banking income and what’s on their call reports…
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Trades Working on a ‘Don’t Do Anything Rash’ GSE Letter to Treasury

September 4, 2018
Paul Muolo
There’s a growing concern about a potential reduction in GSE loan limits…
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GSE Buybacks Declined in 2Q18, but Pipeline of Pending Demands Grew

September 4, 2018
John Bancroft
Only a trace amount – 0.5 percent – of unresolved buyback cases were related to loans purchased by the GSEs before 2009.
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GSE Buybacks Decline in 2Q18 But Pipeline of Pending Demands Grew

August 31, 2018
Mortgage lenders selling loans to Fannie Mae and Freddie Mac had to repurchase fewer defective loans in the second quarter of 2018, according to a new Inside The GSEs analysis. GSE sellers repurchased $226.84 million of home loans during the second quarter or provided some other form of indemnification. That was down 5.8 percent from the first three months of the year and represented the lowest quarterly buyback total since the fourth quarter of 2016. Freddie repurchases were up 5.3 percent from the first quarter, while Fannie’s fell 17.6 percent. On a year-to-date basis, combined GSE buybacks were down 7.2 percent from the first half of 2017. Again, Fannie volume was down, Freddie’s was up.
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