GSE Share of High DTI Mortgages Nearly Doubled from 2015 to 2018 March 28, 2019 John Bancroft The FHA and VA loan programs also get special treatment under the ability-to-repay rule…Read More
How Long Will it Take for Treasury to Come Up with a GSE Plan? March 28, 2019 Paul Muolo Meanwhile, HUD needs to assess whether the HECM program should survive...Read More
Short Takes: What Happened to the GSE Rally? / Time for Treasury to Hire an Advisory Firm? / Trump Serves Notice to HUD as Well, HECMs a Big Concern / Where Did All the Senators Go? / Hugh Frater’s Other Job March 28, 2019 Paul Muolo and Yemeng Yang President Trump is concerned about the HECM program...Read More
President Trump Directs Treasury to Draft GSE Overhaul; White House Wants Final Say March 27, 2019 Paul Muolo “For each administrative reform, the Treasury housing reform plan shall include a timeline for implementation,” Trump writes.Read More
Neuberger Berman Set to Issue its Largest Expanded-Credit MBS to Date March 27, 2019 Brandon Ivey Most of the mortgages were sourced by Sprout Mortgage, Michael Strauss' shop...Read More
Hearings Commence on GSE Reform. NAHB Worries About ‘Administrative’ Changes, Academic Trashes Crapo’s Ideas March 26, 2019 Paul Muolo Georgetown Law Professor Adam Levitin: “I am deeply concerned about the basic direction of the chairman’s housing-finance reform proposal outline..."Read More
MBA Research: A Net Origination Loss of $200 Per Loan in 4Q18 March 26, 2019 Paul Muolo Added MBA’s Walsh: “On the servicing side of the business, mortgage servicing impairments resulting from December’s drop in interest rates hurt profitability.”Read More
Allow the ‘GSE Patch’ to Expire, Think Tanks Recommend March 26, 2019 Yemeng Yang The CFPB introduced the GSE patch in 2014 as a temporary measure…Read More
Fannie/Freddie Debt Dealers Accused of Price Fixing March 25, 2019 Dennis Hollier The defendants include Bank of America, Credit Suisse, Goldman Sachs and many other dealers…Read More
Caliber Affiliate the Latest Issuer to Bring its Second ‘Expanded-Credit’ MBS of the Quarter March 25, 2019 Brandon Ivey The mortgages boast an average credit score of 736...Read More
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