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Short Takes: Signs of Life in MSR Sales / $30 Billion? / Rising Rates and Falling Applications / Blackstone Pulls the Rip Cord on Invitation Homes / Slamming the Door on a GSE Pilot Program: Wow!

September 18, 2019
Paul Muolo

One source said a $30 billion bulk servicing portfolio went out for bid but was unclear whether the receivables actually traded...


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FHFA Kills GSE MSR Financing Pilot

September 18, 2019
Paul Muolo

Freddie Mac was active in the MSR financing sector while Fannie stayed mostly on the sidelines.


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Ginnie Mae Reinstates New Day, Others. Murin a Candidate for the Ginnie Job?

September 18, 2019
George Brooks and Paul Muolo

The lifting of the sanctions comes amid a recent report by Bloomberg that New Day Chairman Emeritus Joe Murin might be a candidate to be the next permanent president of the government guarantor.


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FHFA Director Says New GSE Capital Rule Months Away

September 17, 2019
Dennis Hollier

One industry lobbyist, requesting anonymity, noted that when it comes to a possible recapitalization-and-release plan for Fannie and Freddie, “Everything flows from the capital rule. This shows us the [recap and release] process will not go quickly.”


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Short Takes: GSE Investors Happy (For Now) / How Much Did the Blueprint Change? / Loan Limits on GSE MF Loans? / JPM’s Investment Property MBS / Insellerate Hires Ex-Ellie Mae Official

September 16, 2019
Paul Muolo and Brandon Ivey

One Fannie/Freddie historian reminded us recently that there used to be a conforming loan limit for GSE multifamily loans. The big question: Why did it disappear?...


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Short Takes: Net Worth Sweep on Last Legs? / MBS and ABS Weather Next Recession / Boosting Innovation in Lending / New HMDA Data

September 13, 2019
Dennis Hollier

FHFA modifies multifamily caps to help keep Fannie and Freddie from crowding out private investment.


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FHFA Revises Cap Structure for Fannie and Freddie

September 13, 2019
Dennis Hollier

Regulator increases the GSEs' multifamily caps while, at the same time, removing exclusions for green loans.


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Could a Democrat President Replace Calabria?

September 13, 2019
Dennis Hollier

Appeals Court decision puts the future of the administration's recently released plan for housing finance reform at risk.


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Redwood Trust Chimes in on the Patch

September 12, 2019
Brandon Ivey

“The QM patch expiration presents an opportunity for regulators to streamline certain rules to put the housing-finance sector on the best possible footing going forward,” Redwood said.


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Former Freddie CEO Says Stress Tests Hint at Capital Requirements

September 12, 2019
Dennis Hollier

The enterprises’ theoretical losses in a “severely adverse scenario” have fallen from $90.3 billion in 2013 to just $18.0 billion in 2018.


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