MBA Chief Dave Stevens: The GSE Capital Buffer is a Distraction December 14, 2017 Paul Muolo The CHLA repeated its plea that FHFA Director Mel Watt withhold GSE dividend payments to Treasury and allow Fannie and Freddie to build capital…Read More
Jumbo MSR Market Increases, Wells Fargo Continues Dominance December 13, 2017 Brandon Ivey Moody’s noted that mortgages acquired by Chase’s jumbo conduit have performed exceptionally well…Read More
Short Takes: GSE Dividend Payments: All Systems Go? / Cutting GSE Shareholders out of the Equation? / Wintrust Buying Mortgage Assets from VA Lender / UWM and MC Strike Deal / Chase Exec Bolts for Hamilton December 13, 2017 Paul Muolo In a new blog posting, Investors Unite asks the basic question: “Are Fannie’s and Freddie’s foes driving GSE reform?”Read More
JPM’s New Non-Agency MBS Chock Full of ‘Agency Eligible’ Loans December 12, 2017 Brandon Ivey The conforming mortgages in the deal were largely originated by correspondent lenders…Read More
Jumbo Delinquency Rate Increased in 3Q17, but in Line with Overall Market December 12, 2017 Brandon Ivey Late-payment rates rose due to a number of factors…Read More
VA Originations Increased by Almost 12 Percent in 3Q17; A Big Gain for Navy Fed December 11, 2017 George Brooks USAA reported a 17.0 percent sequential drop in VA lending while Navy Federal boosted production by an impressive 51.1 percent.Read More
Surprise: The Subprime Delinquency Rate Jumps in 3Q17 December 11, 2017 Brandon Ivey The dollar volume of outstanding subprime mortgages continues to decline…Read More
The Industry Shows Concern (Once Again) about GSE Technology and Potential Abuses December 11, 2017 Carisa Chappell MBA: Fannie and Freddie should only undertake those activities that support secondary market liquidity…Read More
Agency MBS Issuance Up Slightly in November. Another Big Month for Freddie December 8, 2017 John Bancroft It was Freddie Mac’s second-largest month of the year...Read More
Hensarling is Ready to Deal on GSE Reform, but Will it Happen? December 8, 2017 Paul Muolo Rep. Hensarling: “This means the government needs to be in the last-loss position, with multiple layers of private capital, as diversified as possible, stacked up before it.”Read More
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