Short Takes: Housing Market Slowing / Mr. Cooper Selling Field Services Unit / Freddie Selling NPLs / CFPB Signals Support for Renters September 20, 2021 Brandon Ivey The housing market is showing signs of a slowdown, according to an outlook from Fannie Mae.Read More
HFSC Chair Waters Urges Biden to Pick Thompson for the FHFA Job September 17, 2021 Dennis Hollier But the influential HFSC chair — who has no Congressional vote on such a nomination — also noted the acting director’s experience as a prudential regulator...Read More
FHFA Proposal Could Revitalize GSE CRT Deals September 17, 2021 Brandon Ivey The alterations unveiled by the Federal Housing Finance Agency touch on the prescribed leverage buffer and the capital treatment of CRT transactions.Read More
New FHFA Chief Thompson Moves to Alter GSE Capital Mandates September 16, 2021 Dennis Hollier The existing capital rule, finalized in November 2020, was roundly criticized by industry observers, who said it was overly conservative.Read More
The Biden Era FHFA Flexes Its Muscles: Certain GSE PSPAs Suspended September 15, 2021 Dennis Hollier The PSPAs, as most GSE watchers know, define the nature of the government backstop for Fannie Mae and Freddie Mac.Read More
The Next FHFA Director? The Situation Is Fluid September 15, 2021 Dennis Hollier and Paul Muolo Missing in action from the White House nominee list: Mike Calhoun...Read More
Biden Nominates Former Fannie, JPM Executive McCargo to Helm Ginnie Mae September 14, 2021 Monica Hogan Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.Read More
President Biden to Tap Mike Calhoun for FHFA Director September 13, 2021 Dennis Hollier The CRL leader has come out in favor of restructuring the enterprises as regulated utilities, something the National Association of Realtors favors...Read More
Fear of Redlining Allegations Keep Attorneys Up at Night September 13, 2021 Monica Hogan Jonice Gray Tucker: “I anticipate significant and perhaps escalated activity in this area for a whole host of reasons."Read More
Short Takes: Finally, a Ginnie President? / A Debt Revival? / High Expectations for Penny Mac / New Lows (for Some MBs) / Enact Readies IPO September 13, 2021 Paul Muolo Time for more debt offerings? It depends on who you are.Read More