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Inside The GSEs
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HFS Committee Voted to Suspend Housing Fund Payments if GSE Dividend Payments Aren’t Made

December 14, 2017
Members of the House Financial Services Committee this week approved a bill that would sus-pend Fannie Mae and Freddie Mac contributions to the Housing Trust Fund if the government-sponsored enterprises don’t pay dividends to Treasury. The panel approved the bill on a partisan vote of 33 to 27.
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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…
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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…
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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?”
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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…
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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…
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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.
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Surprise: The Subprime Delinquency Rate Jumps in 3Q17

December 11, 2017
Brandon Ivey
The dollar volume of outstanding subprime mortgages continues to decline…
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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…
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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...
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