HFSC Chair Waters Urges Biden to Pick Thompson for the FHFA Job September 17, 2021 Dennis Hollier But the influential HFSC chair — who has no Congressional vote on such a nomination — also noted the acting director’s experience as a prudential regulator...Read More
FHFA Proposal Could Revitalize GSE CRT Deals September 17, 2021 Brandon Ivey The alterations unveiled by the Federal Housing Finance Agency touch on the prescribed leverage buffer and the capital treatment of CRT transactions.Read More
New Non-Agency MBS from Goldman Sachs, Lone Star September 17, 2021 Brandon Ivey In the Goldman deal, United Wholesale Mortgage is providing 37.9% of the collateral...Read More
A Notable 2Q Spike in Non-Agency Jumbo Production September 16, 2021 John Bancroft Jumbo lending is catching on with nonbanks, which are providing most of the collateral for non-agency prime jumbo securitizations.Read More
New FHFA Chief Thompson Moves to Alter GSE Capital Mandates September 16, 2021 Dennis Hollier The existing capital rule, finalized in November 2020, was roundly criticized by industry observers, who said it was overly conservative.Read More
Genworth Spins Off Enact PMI Unit in $253 Million IPO September 16, 2021 Monica Hogan The lead book-running managers on the IPO were Goldman Sachs and JPMorgan Securities...Read More
Fannie/Freddie MSR Package Available for Purchase September 16, 2021 Paul Muolo Bulk MSR auctions have been slow of late, with some participants reporting an increase in privately negotiated transactions.Read More
The Biden Era FHFA Flexes Its Muscles: Certain GSE PSPAs Suspended September 15, 2021 Dennis Hollier The PSPAs, as most GSE watchers know, define the nature of the government backstop for Fannie Mae and Freddie Mac.Read More
The Next FHFA Director? The Situation Is Fluid September 15, 2021 Dennis Hollier and Paul Muolo Missing in action from the White House nominee list: Mike Calhoun...Read More
Redwood Incorporating Blockchain in Its Non-Agency MBS September 15, 2021 Brandon Ivey While the use of blockchain in a prime non-agency MBS is a first, rating services were unmoved by the technology.Read More