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A Second Look at Rocket’s Earnings: Better Than Freddie, Gaining on Fannie

November 12, 2020
Paul Muolo

Quicken is an active and major player in the Ginnie Mae EBO game as well...


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Coming Soon: GSE Refi Fee. Complaints Ensue

November 11, 2020
Dennis Hollier

A basic question is posed: If Fannie and Freddie are earning so much money, why do they need to impose the fee?


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Senate Banking Dems Question Whole Loan Sales by the GSEs. Forbearance?

November 11, 2020
Dennis Hollier

As Brown and Reed point out, unless Fannie and Freddie specifically require it, the parties purchasing these loans are under no obligation to provide forbearance to the borrowers.


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GSEs Re-Up with FICO (For Now)

November 10, 2020
Dennis Hollier

The deadline for potential competitors to submit their proposals was Sept. 15. However, that was just the first of four phases in the selection process established last year by the FHFA. The enterprises expect the process to take at least another year to complete.


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FHFA Names FDIC's Cave to Head Division of Resolutions

November 9, 2020
Dennis Hollier

At DOR, formerly known as the Division of Conservatorship, Cave will supervise the conservatorships of Fannie Mae and Freddie Mac...


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Growing Doubts About GSE ‘Re’ IPOs

November 9, 2020
Dennis Hollier

The calculus is straightforward: With that much capital tied up in equity, it’s difficult to see how the GSEs could generate adequate returns to attract investors.


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Yep, Another Record for MBS Issuance: $338 Billion in October

November 6, 2020
John Bancroft

Year-to-date issuance climbed to $2.468 trillion at the end of October and should top $3 trillion based on the current pace. As of this writing, there appears to be plenty of gas still left in the tank.


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Fannie Mae Names Former FDIC Chief Sheila Bair as its New Chair

November 5, 2020
Dennis Hollier

Bair, a native of Kansas, came to Washington under the wing of then-Senator Bob Dole in the early 1980s.


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A 2021 GSE Loan Limit of Roughly $539,000

November 4, 2020
John Bancroft

The limits would be higher for mortgages backed by 2-4 unit properties, as well as loans in designated high-cost markets.


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Portfolio Growth for the GSEs? Yes

November 4, 2020
John Bancroft

Fannie’s whole-loan portfolio increased 2.8% during the quarter, while Freddie’s grew 3.8%...


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Latest Imf News

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