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The (Now Not So) Secret Plot to Sell Freddie Mac to the FHLBs

February 28, 2020
Dennis Hollier

Following President Trump’s inauguration in 2017, the Department of the Treasury played an active role in developing the FHLB plan to buy Freddie Mac...


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SFA Coverage: Forget the Election, Keep an Eye on the Regulators

February 27, 2020
Brandon Ivey

Will a Democratic victory be the death knell for GSE reform?


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Industry Pushes Regulators to Open Up the Market for CRTs

February 26, 2020
Brandon Ivey

A JPMorgan Chase official noted that Fannie Mae and Freddie Mac can complete credit risk transfer deals and nonbanks have options as well, but banks? Not so much...


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CFPB’s Second in Command Departing for the Private Sector

February 25, 2020
Yemeng Yang

Johnson joined the bureau in December 2017 as one of the top political appointees under then-acting CFPB Director Mick Mulvaney. 


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Time to Let Nonbanks Into the FHLB System? FHFA Issues RFI

February 25, 2020
Paul Muolo

REITs covet entry into the system because FHLB members are allowed to borrow via low cost advances...


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Non-Agency Players Critical of CFPB's Plan for QM Patch

February 25, 2020
Brandon Ivey

Some players in the market hoped that once the QM patch expired a significant amount of originations would shift from the GSEs to the non-agency market. But those hopes are fading...


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Fannie/Freddie Multifamily Originations Slowed Late in the Year

February 24, 2020
Dennis Hollier

The FHFA in September increased the cap on Fannie’s and Freddie’s multifamily lending to $100 billion each through the end of 2020, with at least 37.5% of their business earmarked for affordable housing.


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Short Takes: A Question for Potential GSE Investors: Revenue Growth? / Charter Creep? / Calabria Set to Speak at NABE / Falling Rates (Again) / A Promotion at Radian

February 21, 2020
Paul Muolo
Are Fannie and Freddie stuck in a zero-sum game? Investors will want to know...
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Trump Picks Wade as FHA Commissioner as Montgomery Waits for Senate Confirmation

February 21, 2020
George Brooks

Wade is no stranger to the Department of Housing and Urban Development...


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Policy Guidance Sufficient on FHA and FCA?

February 20, 2020
George Brooks

A top Justice Department official said the memorandum of understanding gives depository institutions the confidence they need to participate in the FHA program…


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