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Inside The GSEs
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To Privatize (or Not) Fannie and Freddie, That is the Question

December 29, 2016
Carisa Chappell
Tim Howard, a former Fannie Mae CFO, called Mnuchin’s comments “a welcome reset…”
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When it Comes to Jumbo Lending, Retail Channel Dominates, By Far

December 29, 2016
John Bancroft
Wells Fargo, for example, reported that 90.7 percent of its third-quarter jumbo originations came through the retail channel…
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Mortgage Insurance Stocks Have Been on a Tear of Late. Can it Last?

December 29, 2016
Paul Muolo
Rising interest rates are good for MI stocks because it translates into greater “persistency…”
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Both Sides of Mortgage Banking Posted Significant Profit Gains in 3Q16

December 28, 2016
John Bancroft
JPMorgan Chase was the only firm that saw a decline in production-related revenue during the third quarter…
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FHFA IG Notes Lack of Transparency in CSP Costs

December 28, 2016
Carisa Chappell
Instead, the FHFA only disclosed specific CSP cost data once – in a September 2015 status report…
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2019: A $3 Trillion Year for Originations?

December 28, 2016
Paul Muolo
This year, fundings could reach upwards of $2.00 trillion based on activity through the first nine months of the year.
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Is it the End of an Era for GSE Loan Buybacks?

December 27, 2016
John Bancroft
Excluding legacy-related buybacks, total GSE seller repurchases would have been down 9.9 percent…
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Share of Loans that Close on Time Increasing

December 27, 2016
Brandon Ivey
Other loan types also generally showed improved closing times.
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Treasury Department Officials: Obama Supports ‘Explicit’ Guaranty on a ‘Defined Class’ of MBS

December 27, 2016
Carisa Chappell and Paul Muolo
Some GSE observers believe an “implicit” guaranty is the same thing as an “explicit” one…
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Short Takes: Gone for Now: Really Low Rates and No Points / Tracking the Yield on the 10-Year / Why Home Price Gains May Taper Off / Nonbanks Get FHFA’s Approval

December 27, 2016
Carisa Chappell and Paul Muolo
“Home prices cannot rise faster than incomes and inflation indefinitely.” – David Blitzer, managing director of the index committee at S&P Dow Jones.
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