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Short Takes: A Lower Production Read on LOs / FHFA Chief Weighs in On Affordable Housing Creation / Thinking About What Gordon Gekko Once Said / Civic Launches Correspondent Initiative / Wholesale v. Correspondent

June 4, 2019
Paul Muolo and Brandon Ivey
If only we had more GSE charters...
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California Still the Mother Lode for Fannie and Freddie

June 4, 2019
John Bancroft
The top three states in GSE business: California, Texas and Florida...
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NAR Advises FHFA Chief Against ‘Aspirational’ Attempts, Curtailing the GSE Footprint

June 4, 2019
Paul Muolo

NAR: FHFA must allow Fannie and Freddie to meet their public mission of supporting liquidity and broad access...


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Long-Awaited Fannie/Freddie UMBS Launches Today

June 3, 2019
Dennis Hollier

Expect a GSE Stock Sale by Early 2020?

June 3, 2019
Paul Muolo

Investment banking fees on a Fannie/Freddie stock sale could be enormous…


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What We’re Hearing: Waiting on Treasury’s GSE RFP / And the Advisory Contract Goes To… / Who Is Andrew Olmem? / Angel Oak’s New MBS / Losing Faith in Mr. Cooper (The Mortgage Company, Not the Teacher) / Hindman: Banks Fail When it Comes to Social Media

May 31, 2019
Paul Muolo

Will institutional investors like Berkshire Hathaway line up to buy a new class of stock issued by Fannie Mae and Freddie Mac? We may know soon... 


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Short Takes: At Freddie, the Brickman Era is About to Start / Coming Up: the 11th Anniversary / Past GSE CEO Salaries, No Cap / Why They Do It / Investing in Solar Panel Loans / It’s All About the Interest Rate

May 30, 2019
Paul Muolo

The year prior, Fannie CEO Daniel Mudd earned $11.6 million while Freddie's chief Richard Syron took home $18.3 million, but a large chunk of their pay included stock... 


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Short Takes: First American’s Systems Exposed? / Forensic Team Hired / Whatever You Do, Don’t Treat Your Employees Like Family / Another New Hire for FHFA / GSE Preferred Shares Repaid?

May 28, 2019
Paul Muolo
FHFA hires a new legislative affairs director...
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Redwood Argues for Shifting GSE QM ‘Patch’ Business to Non-Agency Market

May 28, 2019
Brandon Ivey

Nearly 70% of the volume going to the GSEs due to the QM patch could be handled in the non-agency market without disrupting borrowers, according to a new SEC filing and presentation from Redwood.


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Short Takes: What We Talk About When We Talk About GSE Reform / MGIC Executive Departs / Winter is Coming, and So is a Recession / All Clear on (Ginnie) Liquidity Issues / Thrift Executive Indicted in Manafort-Related Case

May 24, 2019
Paul Muolo
Good news/bad news: Rates are likely headed lower but a recession is on the way...
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