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After the Big Capital Retention Announcement, GSE Share Price Inches Forward

September 30, 2019
Paul Muolo

Keefe, Bruyette & Woods: "We continue to believe that GSE recapitalization is unlikely to be completed within the current presidential term.”


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FHLBs Told to Stop Buying LIBOR-Indexed Assets

September 30, 2019
Dennis Hollier

The FHFA announcement comes as financial institutions and regulators struggle to identify a suitable replacement index for LIBOR. 


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Treasury, FHFA Hike Allowable Retained Capital at the GSEs

September 30, 2019
Dennis Hollier

The hike in the retained earnings threshold was widely anticipated and the news hardly budged the share price of Fannie/Freddie common.


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Senate Panel Asks HUD to Study Ginnie’s Dependence on Contractors

September 30, 2019
George Brooks

The Senate panel believes such a study is crucial before Ginnie develops a plan to fill gaps in hiring and retention.


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FHFA Settles Sexual Harassment Case Involving Former Director. Details Lacking

September 27, 2019
Dennis Hollier

Neither Simone Grimes nor FHFA released the details of the settlement. Mel Watt, whose term as director ended in January, has not commented.


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What We’re Hearing: The (Mortgage) IPO Dream / Uber and Lyft May Never Earn a Dime / GSE Legislation During the Lame Duck Session? / Cashing out of Fannie and Freddie / The New Wells CEO: No Mortgage Experience

September 27, 2019
Paul Muolo

One of the biggest speculative bets ever made in mortgage stocks is going on right now: Fannie and Freddie...


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HMDA: Mixed Trends in Denial Rates for Jumbos

September 27, 2019
Brandon Ivey

Quicken Loans denied 29.6% of applications for jumbo purchase-mortgages in 2018 and denied nearly half of the jumbo refi applications it received.


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FHFA Chief Calabria Keeps a Close Watch on G-Fees, More

September 27, 2019
Paul Muolo

In late 2018, the FHFA published a report on g-fees paid from 2013 to 2017, stratifying it by five different lender cohorts…


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Caliber Stocks MBS with Non-QM Jumbos for Affluent Borrowers

September 27, 2019
Brandon Ivey

Caliber’s Elite Access program is aimed at borrowers who could not qualify for a jumbo mortgage at a bank.


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Plenty of Investors Saddle Up to the MBS Bar as the Fed Cuts Back

September 27, 2019
John Bancroft

Recent Treasury Department figures show foreign holdings of agency MBS grew by $42.9 billion from March to June…

 


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Latest Imf News

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