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Jumbo MBS Issuance Slow as Banks Take in Loans

May 31, 2022
Brandon Ivey
Originators of jumbo mortgages saw better execution in whole loan deliveries in May rather than MBS issuance.
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Home Price Appreciation Remained Strong in March

May 31, 2022
Brandon Ivey
FHFA noted that higher mortgage rates had not yet translated into slower home price gains as of the end of March.
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Short Takes: New Multifamily VPs and Freddie / HPA Flat in San Francisco Area / RON Gets a Hearing

May 31, 2022
Brandon Ivey
Freddie said the promotions in its multifamily division reflect the GSE’s commitment to grow talent and provide stability and affordability to the market.
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Jumbo-Conforming Spread Reaches Near Record Levels

May 27, 2022
Brandon Ivey
Volatility in the secondary market has led to a 49-basis-point interest rate spread between jumbo and comparable conventional loans.
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Soaring Interest Rates Ding REIT-Held MBS

May 27, 2022
John Bancroft
REIT TBA investments down 22.6% as MBS values fall.
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Freddie Head of Single Family Stepping Down

May 27, 2022
Dennis Hollier
Donna Corley, one of the most influential women in housing finance, joins the exodus of senior executives leaving the GSEs.
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First Quarter Contraction Hits All Channels

May 27, 2022
John Bancroft
Per loan profitability plummets more than $3,000 year over year.
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FHFA to Require Extensive GSE Capital Disclosures

May 27, 2022
Dennis Hollier
The new rule may clear up some of the confusion surrounding how Fannie and Freddie calculate their capital requirements under the ERCF.
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Donna Corley Gives Freddie Notice

May 26, 2022
Dennis Hollier

The enterprise's head of singe-family and one of the most powerful women in housing finance says she's stepping down in November.



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MSR Share of Assets at Nonbanks Varies Widely

May 26, 2022
Paul Muolo
FHFA and Ginnie have grown uneasy with the fact that so many nonbanks have come to dominate the servicing business.
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