Milbank to Advise FHFA on Ending Conservatorships April 10, 2020 Dennis Hollier Milbank has won a one-year, $3 million contract from the FHFA to provide legal services related to ending the conservatorships.Read More
We’ve Got Two Months to Fix This: Calabria March 27, 2020 Dennis Hollier If the coronavirus crisis goes on for more than six to eight weeks, FHFA Director Mark Calabria sees mortgage servicers under “a lot of stress.”Read More
GSEs and the Dollar Roll Shuffle (Also Happened) March 27, 2020 Dennis Hollier The Federal Housing Finance Agency this week temporarily allowed Fannie and Freddie to finance mortgage-backed securities.Read More
FHFA Puts Capital Rule on Hold March 27, 2020 Dennis Hollier One of the early casualties of the coronavirus outbreak is the much-anticipated, re-proposed capital rule for Fannie Mae and Freddie Mac.Read More
Fed MBS Purchases Pause Mortgage Market Skid March 27, 2020 Dennis Hollier Federal Reserve operations this week swallowed up more than $39.8 billion in agency MBS, including about $31.7 billion in uniform MBS. Read More
GSE Roundup March 27, 2020 Dennis Hollier FICO subject of DOJ antitrust probe; Fannie board member to head OCC; Freddie discontinues LIBOR-linked debt. Read More
FHFA Reiterates Forbearance Amid Coronavirus Outbreak March 13, 2020 Dennis Hollier Borrowers are entitled to forbearance if unable to make their monthly mortgage payment due to the virus, the FHFA has reminded servicers.Read More
Presidential Candidates Have Plans for GSE Fees March 13, 2020 Dennis Hollier Wells Fargo Securities analysts said if there is going to be a hike in g-fees, it’s likely to be instigated by FHFA Director Mark Calabria.Read More
GSE Noncore Business: Volumes Wax, Percentages Wane March 13, 2020 Dennis Hollier Even as the percentage of GSE high-DTI loans fell, an odd thing happened: The actual dollar volume of these assets surged.Read More
Audit Finds FHFA Unprepared to Regulate GSEs March 13, 2020 Dennis Hollier According to the FHFA IG, the agency is still not adequately staffed to assess the safety and soundness of Fannie and Freddie.Read More
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