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Phillips Staying at Treasury Until Reform Plan Is Drafted

May 20, 2019
Brandon Ivey

Craig Phillips plans to stay at the Treasury Department until the agency's housing finance reform plan is drafted. President Trump noted that "many geniuses" will contribute to the plan.


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Short Takes: Great Expectations? / One Stock You Can Bet On / How Big Is PIMCO in Mortgages? Very Big / Another Departure at Ginnie Mae

May 16, 2019
Paul Muolo
Finding value in GSE equities: It's complicated...
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Jumbo Lending Stands Out in 1Q19 Production Slump

May 16, 2019
John Bancroft

Conventional-conforming loans still accounted for over half of total first-lien originations in 1Q19 but volume was down 9.0% sequentially...


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Economists at the NAR Show: Not So Fast, Mr. Calabria

May 16, 2019
Dennis Hollier
New FHFA director Mark Calabria spoke at the NAR legislative conference this week and then economists on a later panel picked apart his ideas...
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Short Takes: A New Mortgage Benchmark Has Arrived / Next Up for Calabria: the MBS Secondary in NYC / The Chicago Way / A Loss for Cherry Hill, but… / A New Deputy Director at the CFPB

May 15, 2019
Paul Muolo
April was a record month for nonbank mortgage giant Guaranteed Rate...
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NAR Should be Happy: FHFA Will Leave Untouched the 30-Year FRM, Loan Limits

May 15, 2019
Paul Muolo
Next up for Calabria: A policy speech before the Mortgage Bankers Association...
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Short Takes: Former FHA Chief Stevens Weighs in on Administrative Reform of the GSEs / Watch the Swim Lanes / New Executive Hires for Angel Oak / Redwood Preps Prime Non-agency MBS / Not All Agree on CLO Standards

May 14, 2019
Paul Muolo and Brandon Ivey
Will new FHFA chief Mark Calabria narrow the GSE swim lanes?
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Chase to Issue its First Post-Crisis MBS Backed by Investment Properties

May 14, 2019
Brandon Ivey

A number of lenders and issuers have seen better execution for GSE-eligible investment-properties in non-agency MBS instead of delivering the product directly to Fannie and Freddie...


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Short Takes: China, Trade and Falling Rates / Rethinking the Downpayment Idea / Understanding Reverse Mortgages / It’s Official: Hill Vet Clinton Jones Joins the FHFA

May 13, 2019
Paul Muolo and Dennis Hollier

The way FHFA Director Mark Calabria keeps adding staff, the agency might need more office space...


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Calabria Building His ‘Dream Team’ at FHFA, In Anticipation Of?

May 10, 2019
Dennis Hollier
Calabria's hiring spree at the FHFA reminds us of the Tom Waits's song, "What's He Building In There?"
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