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Short Takes: Ginnie Exposure / Doing Better but Cutting Too / Britney Spears and the GSEs / From Warehouse Lending to Member Lending

June 12, 2023
Paul Muolo
What does singer Britney Spears have in common with Fannie and Freddie?
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Researchers Find Climate-Driven Changes in MBS Deliveries

June 9, 2023
Dennis Hollier
The economists used the government-sponsored enterprises’ conforming loan limits to examine lenders’ choices in the wake of a significant disaster.
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Influx of GSE Repurchase Requests May Not Reflect Policy Changes

May 31, 2023
Dennis Hollier
Fannie and Freddie believe the surge in repurchase requests simply reflects market trends.
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Commingled Issuance From GSEs Remains Suppressed

May 30, 2023
John Bancroft
A reduction in the commingle fee that applies to the GSEs helped to increase such issuance somewhat in April.
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Short Takes: GSE Ratings on Downgrade Watch / Interest Rates Rise / Non-QM Performance Choppy

May 26, 2023
Brandon Ivey
The ratings of the GSEs are linked to ratings for the U.S., which are also on watch for downgrade amid an approach to breaching the debt ceiling.
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Democrats Nowhere Near Housing Finance Reform

May 24, 2023
Brandon Ivey
Members of Congress on both sides of the aisle compared the conservatorship of the GSEs to that of Britney Spears.
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Short Takes: Applications Decline / ABA Calls for GSE Legislation / Second-Lien Securitization / Risky Areas

May 24, 2023
Brandon Ivey
Demand for mortgages declined as interest rates ticked up.
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Thompson: GSE Pricing Grids Were Outdated

May 23, 2023
Brandon Ivey
Thompson was the sole witness at a hearing by the House Financial Services Committee.
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Sharp Differences in FHA, Private MI Business

May 23, 2023
Monica Hogan
There's some competition between FHA and private mortgage insurance companies, though much of their business is focused on different sets of borrowers.
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FHFA Receives Mixed Feedback on MBS Commingle Policy

May 23, 2023
Brandon Ivey
In March, FHFA proposed adjustments to capital requirements for commingled securities held by Fannie Mae and Freddie Mac.
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