Angelo Gordon Enters the GSE-Eligible Non-Agency MBS Market January 6, 2022 Brandon Ivey Blue River Mortgage III, Angelo Gordon’s conduit, started acquiring Fannie/Freddie-eligible loans for investment properties last year.Read More
Short Takes: Higher LLPAs for IPLs? / Who Benefits? / Paying Off Expensive Debt / Cashing Out of The Tree / Bank LO Veteran Joins NB in Boston January 6, 2022 Monica Hogan It's a new year and that means LO recruiting season is under way...Read More
FHFA Hikes LLPAs On Second-Home and High-Balance Loans January 5, 2022 Dennis Hollier Industry consultant Mark Goldhaber: "At least it's a step in the right direction."Read More
FHFA Continues to Focus on Appraisal Bias December 29, 2021 Dennis Hollier The centerpiece of a new report is a list of 18 specific examples, some of which are outright illegal.Read More
GSE Seller Repurchases Ratchet Higher in Third Quarter December 28, 2021 John Bancroft As of September, 2021 already represented the highest annual buyback total — which includes indemnifications as well as repurchases — since 2014.Read More
FHFA Sets GSE Housing Goals for Coming Years December 23, 2021 Dennis Hollier The single-family goals didn't change from the FHFA's initial proposal while the multifamily goals will be limited to 2022 due to industry concerns.Read More
Fannie and Freddie on Crypto: Convert to Cash, Then Season It December 14, 2021 Dennis Hollier Freddie's lender bulletin emphasizes the enterprise's aversion to Bitcoin, Ethereum etc...Read More
Up in the Amazon Cloud: Fannie Mae December 13, 2021 Dennis Hollier For several years now, the GSE has been migrating its data storage and analysis functions to Amazon’s cloud, but the full extent of that relationship is not really known...Read More
The Fannie/Freddie Stock Speculation Game Has Ended December 9, 2021 Dennis Hollier Only two of the top-10 Fannie shareholders have increased their holdings in the past quarter. The rest have cut their exposure...Read More
Redwood Calls for Revision on How GSE Loan Limits Are Calculated December 7, 2021 Brandon Ivey FHFA should use its authority to constrain GSE acquisitions of high-balance mortgages, according to Redwood Trust.Read More