“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.
The share price of Fannie Mae and Freddie Mac common had been in the tank all summer but last week spiked upwards on the news that the Treasury Department plan to recap-and-release the two is now (reportedly) on the desk of Larry Kudlow...
Generally, it’s a bullish sign when executives purchase shares of their companies in the open market, especially if they’re paying cash as opposed to buying on margin.
CEO Craig Knutson: “MFA’s reputation as a reliable buyer of residential whole loans and dependable capital partner has enabled us to source significant volume of whole loans, including transactions with limited competition.”