G-Fees Rise — Thanks to the ‘Adverse Market’ Refi Charge November 17, 2022 Dennis Hollier FHFA said upfront fees jumped from 11 bps to 13 bps...Read More
Fannie/Freddie CRT Issuance Plummets in 3Q22 November 9, 2022 Dennis Hollier The 58.2% sequential decline in aggregate CRT issuance was the sharpest decline since the start of the pandemic...Read More
3Q Results: GSEs Set Aside $4.3B to Cover Declining Home Values November 8, 2022 Dennis Hollier and Paul Muolo Fannie boosted its net worth position to $58.8 billion. Freddie’s reading came in at $35.2 billion...Read More
G-Fee Hikes May Be Needed To Pay for Lost LLPA Revenue November 7, 2022 Dennis Hollier One analyst believes Fannie and Freddie will need to increase base g-fees by about 3 basis points...Read More
The Jury is Still Out in Fairholme v. FHFA... November 3, 2022 Dennis Hollier Note: Fannie and Freddie have been steadily profitable for a decade now.Read More
Increasingly, Fannie and Freddie are Sticking to Core Activities November 1, 2022 Brandon Ivey Noncore business at the GSEs is declining due to both diminished demand and a change in pricing policies made by the FHFA...Read More
A Changing of the FICO Guard Is a Good Thing. Right? October 25, 2022 Dennis Hollier Even if the scores provide a similar measure of credit risk at one point in time, that equivalency could deteriorate...Read More
FHFA Will Make Cash-Outs More Expensive While Trimming LLPAs on Low/Mods October 25, 2022 Paul Muolo Specifics were light regarding the changes for cash-out refis...Read More
Short Takes: GSEs Need to Update Pricing / Edicts for Fannie and Freddie / A Better Talent Pool? / Rocket CEO Keeps Buying Shares / Regulatory Update October 14, 2022 A better employee talent pool may be headed Fannie's and Freddie's way...Read More
Lenders Bracing for Stagnant Home Prices Next Few Years. GSE Loan Limits? October 13, 2022 Brandon Ivey Bearish? Fannie Mae now expects home prices to decline by 1.5% on an annual basis compared to a previously estimate of +4.4%...Read More