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GSE Buybacks Edge Up In 3Q20, Blame Freddie

November 22, 2020
Dennis Hollier

Meanwhile, over at Fannie Mae, repurchases fell 19.7% to just $12.7 million.


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Investors in Bulk MSRs are Kicking the Tires Once Again

November 20, 2020
Paul Muolo

Late this week there was talk in the market of two fairly large packages up for grabs: a $13 billion portfolio of conventional mortgage servicing rights and a $25 billion offering...


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Banks Gobble Up GSE MBS in Historic 3Q20 Buying Spree

November 20, 2020
John Bancroft

Federally insured depositories added a whopping $115.23 billion to their aggregate single-family MBS portfolio during 3Q20, according to Inside MBS & ABS...


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SBC Senators Warn FHFA and Treasury About Giving Away the GSE Store

November 20, 2020
Paul Muolo and Dennis Hollier

Sens. Warner and Rounds both serve on the Senate Banking Committee. Virginia, Warner's legislative turf, is home to Freddie Mac.


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After a Lull in the Action, Two Non-Agency Deals Arrive on the Horizon

November 20, 2020
Brandon Ivey

After a three-week lull in deals, JPMorgan Chase and American Mortgage Investment Partners Management are marketing new non-agency MBS.


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The GSE Capital Rule is Here. Higher Rates Ahead?

November 19, 2020
Paul Muolo
The thirst for more capital at the government-sponsored enterprises could lead to higher rates and fees. Or maybe not …
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Annaly Increases Credit Investments

November 19, 2020
Brandon Ivey

Annaly issued $1.0 billion of non-agency MBS during the third quarter, depleting its whole-loan holdings...


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Banks and Nonbanks: The Equality Fight

November 19, 2020

Caliber hopes to go public one of these days, while Freedom presently has no desire to test the IPO waters.


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The Final Word: FHFA Mandates 4% Tier I Capital for the GSEs

November 19, 2020
Paul Muolo and Dennis Hollier

In a 12-page fact sheet on the announcement, the regulator notes the final rule is “similar in key respects to the proposed rule, with certain enhancements and other changes made in response to comments.”


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A 3Q Stampede Into Conventional-Conforming

November 18, 2020
John Bancroft

The estimated $822 billion of conventional-conforming lending set a quarterly record and represented 72.1% of the huge third-quarter wave of mortgage originations.


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