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
Adjustable-Rate Mortgage Lending Ticks Up in Second Quarter September 15, 2021 Brandon Ivey ARMs. Remember those? Lenders are still making them...Read More
Ginnie MBS Issuance Down in Most Categories in August September 14, 2021 John Bancroft Production was down for both purchase and refinance loans.Read More
Biden Nominates Former Fannie, JPM Executive McCargo to Helm Ginnie Mae September 14, 2021 Monica Hogan Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.Read More
Impac Executive Donatacci Departs for The Money Source September 14, 2021 Paul Muolo Donatacci joined the non-QM and conventional lender roughly two years ago.Read More
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