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Inside the CFPB
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The Poor Performance of the Fairholme Fund? Blame Fannie and Freddie

August 1, 2018
Paul Muolo
Fairholme: “Fund performance was disappointing in the first half mostly due to the decline in the preferred shares of Fannie Mae and Freddie Mac…”
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New Report: Over Half of Flawed FHA Loans Were Cured

August 1, 2018
George Brooks
Roughly 59.8 percent of the reviewed loans were initially deemed unacceptable.
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Short Takes: Treasury Department Makes Recommendations on the FCA / A Strong Showing by Arch MI / Synergy One Looks to Add Loan Officers / Under a GOP FHFA Director, the Conservatorships Will End / Churchill Mortgage Names Regional Managers

August 1, 2018
Paul Muolo and George Brooks
A prediction: “Watch for an end to the GSE conservatorships under a Republican Director at the FHFA...
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USDA to Charge Lenders ‘Tech Fee’ for Use of AU System

July 31, 2018
George Brooks
HUD has been trying unsuccessfully to obtain authority from Congress to charge a similar fee to modernize its aging information technology systems…
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Short Takes: The $600,000 Man / Freddie CEO Layton Says He Thinks About Leaving … And Staying / More CRTs on the Way? / FHFA Extends Capital Comment Period / A New Hire for MGIC

July 31, 2018
Paul Muolo and Carisa Chappell
Layton said Freddie is exploring the use of additional credit risk transfers...
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FHA/VA Serious Default Rates Down in 2Q18

July 30, 2018
John Bancroft
FHA officials are worried about rising concentrations of higher-risk loan characteristics…
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Certain Industry Factions Concerned About Growing GSE Footprint in Multifamily

July 30, 2018
Carisa Chappell
Fannie and Freddie have increased their market share in multifamily to 60 percent compared to 52 percent two years ago, according to former Obama administration official Michael Stegman…
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Buck Up, Nonbanks. The FHLB Chicago is on Your Side

July 30, 2018
Paul Muolo
REITs exploited the captive loophole earlier in the decade, gaining access to low-cost FHLBank advances.
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Speculation Mounts: Will Watt Step Down Early from the FHFA?

July 30, 2018
Paul Muolo
EEO investigations, according to one observer, must be completed within 180 days.
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Short Takes: FHFA IG Probe of a Conflict by a Fannie Mae Executive? / Watt Says He Agrees with Two Recommendations in the IG Report / AMC in a Growth Mode / An Upgrade on Verus MBS / A Promotion at Altisource

July 30, 2018
Paul Muolo, Brandon Ivey, and Carisa Chappell
In response to IG Report, FHFA Director Mel Watt said he agrees to “both” the recommendations made by IG Laura Wertheimer and will implement them…
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Latest Imf News

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Featured Data

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