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What We’re Hearing: Craig Phillips, the ‘Ax’ / What We Talk About When We Talk About GSE Reform / Next Up: Meetings on Capitol Hill / Time for Treasury to Hire an Investment Banker? / Keeping an Eye on loanDepot / More VC Money for Better Mortgage

February 1, 2019
Paul Muolo
And some point, it stands to reason that the U.S. Treasury Department would hire an investment banking firm with a specialty in Washington matters to assist in a recap and release plan…
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Trump Political Operative Named FHFA Chief of Staff

January 31, 2019
Dennis Hollier
The appointment is effective February 4...
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Otting’s Appointment at FHFA May Be Illegal

January 31, 2019
Dennis Hollier
Should the White House have picked one of three deputy directors instead?
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Who Needs an Executive Committee? Not Fannie Mae

January 31, 2019
Paul Muolo
One of those powers, according to the filing, is: “The adoption of an agreement of merger or consolidation or the adoption of a certificate of ownership or merger.”
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What are the Odds Calabria Will Get the FHFA Job?

January 30, 2019
Paul Muolo
Given Calabria’s past statements about the GSEs, some Democrats believe he isn’t the best person for the job…
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Short Takes: Is the Party Over for GSE Common? / A Bubble Bursting on Shareholders / The King of MSR Buys: New Residential / Cleveland Rocks (for New Home Owners), Pittsburgh and OKC Too / Freddie Gets New Chairperson

January 29, 2019
Paul Muolo
New Rez’s MSR haul: $50.9 billion of agency product...
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Wells Fargo: Lenders Struggling with Overcapacity, Low Demand

January 28, 2019
Brandon Ivey
Keefe, Bruyette & Woods: “The issue of overcapacity in the industry appears to be persisting…”
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Short Takes: Rep. Waters Wonders: Is Otting Legal? / An End-Run? / Cowen on Calabria’s Chances / The Fed Gets a New Director of Research

January 28, 2019
Paul Muolo

What We’re Hearing: The Coming War Over Administrative Reform of the GSEs / Trust in (MBS) Traders / Congress Committed to Legislative Reform / Predictions Can be Difficult / At Least Bill Ackman is Happy / JPMorgan Now #4 in Mortgage Lending

January 25, 2019
Paul Muolo
Pershing Square CEO Bill Ackman should be a happy man these days. His investment in Fannie and Freddie is now in the black...
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CFPB’s Enforcement Chief Departs for Job in the New York AG’s Office

January 25, 2019
Yemeng Yang
The NYAG's division of economic justice consists of six bureaus, including one protecting consumers from fraudulent, deceptive practices.
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