The collateral is largely similar to previous deals from Starwood, though the use of additional lenders helped reduce the average seasoning time and increase the dollar volume.
Historically, Fannie sellers have repurchased far more loans ($49.64 billion) than have Freddie sellers ($29.94 billion). But most of that disparity occurred before 2014…
As we’ve noted before, Calabria is building a dream team of industry vets and policy experts, whose chief task likely will entail working with the Treasury Department on administrative reform…
It stands to reason that as Fannie Mae and Freddie Mac continue to shrink, they’ll need fewer employees, right? But what about their regulator, the Federal Housing Finance Agency? If Fannie and Freddie are smaller, shouldn’t the FHFA be smaller?...
Annaly and Barclays also like the idea of replacing Fannie and Freddie with several smaller MBS guarantors. At March 31, Annaly owned roughly $103 billion worth of agency mortgage-backed securities...
Roughly three years ago, Rushmore – a privately held nondepository – entered the origination market as a direct-to-consumer lender. Prior to that, it had been known primarily as a subservicing specialist.
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