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Another GSE Departure: Fannie Mae CFO Brown Will Leave at Month’s End

May 18, 2021
Dennis Hollier

In her position, Brown oversees all of the Fannie’s financial management functions, including treasury, financial planning and financial reporting. That makes her something of a public face for the enterprise...


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Fannie/Freddie Single-Family Business Sets Monthly Record in April

May 18, 2021
John Bancroft

On the rise: cash-window purchases...


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The Reach of GSE Low-Income Refi Programs Underestimated

May 17, 2021
Dennis Hollier

The terms of Fannie’s new RefiNow program are broadly similar to those of Freddie Mac’s new Refi Possible.


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Non-Agency MBS Could See Big Boost from GSE PSPA Changes

May 17, 2021
Brandon Ivey

While the limit is near the level of GSE acquisitions of non-owner occupied properties in recent years, the way the cap has been implemented is prompting lenders to seek new outlets.


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Short Takes: Whalen Weighs In on UWM / Lightning That Won’t Strike in the Same Place / Guild’s Track Record with LOs / The Key: Low Financial Leverage

May 14, 2021
Paul Muolo

Did anyone really think the gain-on-sale margins of 3Q20 and 4Q20 would last forever?


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Freddie Mac CRT Plows Ahead, Fannie Remains on the Bench

May 14, 2021
John Bancroft

Fannie Mae continues to take a dim view of the capital relief it gets for CRT activities under the enterprise regulatory capital framework...


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Fannie Mae CFO Joins the GSE Exodus

May 13, 2021
Dennis Hollier

Brown’s departure suggests that Fannie, at least, has yet to staunch the bleeding...


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Genworth Postpones MI IPO, Citing Market Valuation

May 13, 2021
Dennis Hollier

At press time, Genworth's share price was down slightly to $3.83. Its 52-week high is $4.76, its low $1.87...


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GSE MSRs Slated for Sale by Prestwick and MCT

May 12, 2021
Paul Muolo

The seller of the MSRs is an independent mortgage banker... 


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Flagstar Stocks Non-Agency MBS with GSE-Eligible Investment-Property Loans

May 12, 2021
Brandon Ivey

Additional non-agency MBS with GSE-eligible mortgages for investment properties are expected due to new limitations on Fannie/Freddie acquisitions of such loans.


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