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Bye Bye Bitcoin. Fannie Scotches Use of Cryptocurrencies

May 13, 2022
Dennis Hollier
The ban on cryptocurrencies isn’t just on the borrower side of the transaction...
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FHFA Has Plenty to Ponder on Eligibility Proposal

May 11, 2022
Dennis Hollier
SFA raised concerns about how the appropriate net worth, capital and liquidity requirements for seller/servicers are calculated.
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As Deliveries Decline, GSE Seller/Servicers Loosen the Credit Box

May 9, 2022
Dennis Hollier
All of the top 10 GSE sellers saw their deliveries decline both sequentially and year to date.
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Another Fannie Mae Executive Departs: Jenney Shen, VP of Single-Family

May 4, 2022
Paul Muolo
At Fannie, Shen was responsible for relationships with the mortgage giant’s 1,500 seller/servicers.
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Ginnie Seeks Common Ground with FHFA on Capital Requirements

May 4, 2022
Monica Hogan
The Ginnie chief said alignment "simplifies" issuers’ capital and liquidity planning...
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An Earnings Decline at Fannie, Interim CEO Benson Tempers Expectations

May 3, 2022
Paul Muolo and Dennis Hollier
Fannie's interim CEO David Benson predicts a recession is coming next year...
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Servicers Raise Concerns Over GSE Eligibility Requirements

May 2, 2022
Dennis Hollier
MBA criticized FHFA’s plan to impose a 2% liquidity requirement on servicers’ hedging position in the TBA market...
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A Strong 1Q22 Profit for Freddie

April 28, 2022
Paul Muolo
Freddie took in new business of $207.0 billion in the January-March period, down 23.6% sequentially...
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And the Beat Goes On: Nonbanks Continue to Gain in GSE Servicing

April 26, 2022
Dennis Hollier
Federally insured depositories with assets north of $1 trillion saw their GSE servicing balances remain essentially unchanged in the first quarter...
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Missing in Action: The Mortgage Industry’s Recommendations Regarding FHFA's Strategic Plan

April 25, 2022
Dennis Hollier
MBA expressed reservations about FHFA’s pursuit of examination authority over nonbank servicers, efforts to ensure a level playing field and more...
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