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SBC Senators Warn FHFA and Treasury About Giving Away the GSE Store

November 20, 2020
Paul Muolo and Dennis Hollier

Sens. Warner and Rounds both serve on the Senate Banking Committee. Virginia, Warner's legislative turf, is home to Freddie Mac.


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Banks and Nonbanks: The Equality Fight

November 19, 2020

Caliber hopes to go public one of these days, while Freedom presently has no desire to test the IPO waters.


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The Final Word: FHFA Mandates 4% Tier I Capital for the GSEs

November 19, 2020
Paul Muolo and Dennis Hollier

In a 12-page fact sheet on the announcement, the regulator notes the final rule is “similar in key respects to the proposed rule, with certain enhancements and other changes made in response to comments.”


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Social Media Endorsements and RESPA? It’s Complicated

November 18, 2020
Yemeng Yang

Attorney Jan Keas: “I think a logical question you always want to ask about social media activity is why are you doing what you are doing..."


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FHFA Slashes Multifamily Caps for 2021

November 17, 2020

‘Dreamers’ and FHA Mortgages, A Clearer Picture?

November 16, 2020
Maria Volkova

During an oversight hearing on Capitol Hill in June, HUD Secretary Ben Carson denied that DACA recipients are banned from receiving FHA loans.


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The FHA MMIF Sees Its Capital Ratio Jump to 6.10%

November 13, 2020
Paul Muolo

But looming delinquencies are definitely a concern...


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Nation’s Largest Servicer (Wells) Inks Forbearance Agreement

November 13, 2020
Brandon Ivey

“In many cases, Wells stopped accepting electronic mortgage payments after it placed homeowners into the unwanted forbearance, causing those who were current on their loans to become delinquent without their knowledge and through no fault of their own,” said Kellett & Bartholow.


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An Unexpected Resignation at Freddie: CEO David Brickman is Out

November 13, 2020
Brandon Ivey

Brickman took over the CEO role in July 2019. His final day will be Jan. 8.


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FHFA Extends GSE Purchases of Forborne Loans

November 12, 2020
Dennis Hollier

Despite this "relief" measure, the GSE regulator has been sharply criticized by lenders because the fee is so steep: 500 basis points for first-time buyers and 700 bps for everyone else.


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