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Inside The GSEs
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Principal Payments on Some MBS Not Passed Through to Investors

May 6, 2022
Dennis Hollier
Freddie disclosed that prepayments on mortgages in 50,000 pools were sometimes not passed through to bondholders.
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FHFA Directs the Use of SCIFs for New Loans

May 6, 2022
Dennis Hollier
The GSEs’ regulator renews efforts to collect preferred language information from borrowers.
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Kevin Palmer Tapped to Run Freddie Multifamily Business

May 6, 2022
Dennis Hollier
The Freddie veteran replaces Deborah Jenkins, who left in October.
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Freddie Increases Protections for Manufactured Housing

May 6, 2022
Dennis Hollier
New rules entitle manufactured home renters to be notified before rent increases or changes in community ownership. Manufactured homeowners receive more leeway to sell their homes, even if they’re in default.
Read More

Freddie Helps Push CRT Activity to Record in 2021

May 6, 2022
Dennis Hollier
Fannie and Freddie issued CRT on a record $1.052 trillion in UPB in 2021. That’s despite Fannie staying away for the first three quarters.
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FHFA’s New Strategic Plan Ignores Many Industry Concerns

April 25, 2022
Dennis Hollier
The agency’s finalized strategic plan is almost unchanged from the draft version, despite recommendations and criticisms from mortgage industry stakeholders.
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Nonbanks Gain More Share of GSE Servicing in First Quarter

April 22, 2022
Dennis Hollier
Megabanks topped the list of GSE servicers in the first quarter of 2022, but they continued to lose market share to nonbank servicers. (Includes two data charts.)
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More Criticism of FHFA’s Proposed Eligibility Requirements

April 22, 2022
Dennis Hollier
Early comments suggest widespread concern that the proposed increases in liquidity and capital requirements for GSE seller/servicers are unnecessary and maybe counterproductive.
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Bove: Fed Exit Threatens GSEs, Mortgage Market

April 22, 2022
Dennis Hollier
The industry veteran asks: If the GSEs lose their largest buyer, where will the money come from to support the 30-year, fixed-rate mortgage?
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Fannie’s Home Price Index Stands Out from FHFA’s

April 22, 2022
Dennis Hollier
The new repeat-sale index includes both GSE and non-GSE transactions and is augmented by appraisal data in regions with few sales. Plus, it’s free.
Read More
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