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Home » Topics » IMFnews » GSEs

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Treasury Unleashes GSE Reform Blueprint. Now What?

September 6, 2019
Paul Muolo

The Treasury Department's GSE blueprint was unleashed late Thursday. The big question: How many of the administrative changes will actually be incorporated?


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Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

September 5, 2019
Dennis Hollier and Paul Muolo

Syracuse Securities calls the mortgage business "unforgiving and highly competitive." That sounds about right...


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Ditech’s Investment Banker, a Candidate for GSE Advisory Work?

September 5, 2019
Paul Muolo

Currently, one of Houlihan Lokey's biggest mortgage-related assignments involves the liquidation of assets belonging to megaservicer Ditech Financial, which is operating under bankruptcy protection...


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Comments Pouring In: What to Do About the QM Patch?

September 5, 2019
Brandon Ivey

The HFPC said mortgage rates reflect credit risk more holistically than DTI ratios…


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Big Questions Regarding Treasury’s GSE Plan: When Does the Sweep End? The 79.9% Stake?

September 4, 2019
Paul Muolo

One former Freddie Mac executive told IMFnews: “But the really big question is what Treasury plans to do with its 79.9% ownership stake.”


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Short Takes: When In Doubt, Go With the Third-Party Valuation / When IOs Suffer in Value / After the Refi Boom is Gone / Don’t Forget About Ginnie / GR Hires New VP

September 3, 2019
Paul Muolo

The big question: What happens when this refi boom ends? Is it too early to ask?


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Short Takes: Waiting for Godot (and Treasury’s GSE Plan) / Underwhelming? / New Capital Requirements? When? / The Ups and Downs of Non-QM MBS Issuance

August 30, 2019
Paul Muolo and Brandon Ivey

Here’s what won’t be in the Treasury plan: The new Fannie/Freddie capital requirements, a document the Federal Housing Finance Agency is working on…


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FHFA Orders Base Pay Caps at Fannie and Freddie. Meaning?

August 30, 2019
Paul Muolo

Some industry observers wondered about the timing of the disclosures, given the imminent release of the Treasury Department’s GSE reform plan. One former Fannie executive told IMFnews: “There will be big shakeups at Fannie and Freddie if they cap all in comp at $600,000.”


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Short Takes: The Underbelly of Ultra Low Rates / Ditech Reorg Plan Hits a Snag / Eventually … / Borrowing Against the MSR Asset / Waterstone Names a New CEO

August 29, 2019
Paul Muolo

According to a new report from DBRS, more owners of servicing rights are opting to issue debt backed by their MSR portfolios.


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Short Takes: What if Congress Hates the GSE Reform Plan? / Options Will be Presented / In the End, a Dud? / Watching the 10-Year Treasury / New CEO Named at Academy Mortgage

August 28, 2019
Paul Muolo

But in the end, will an administrative plan of some type actually be implemented? Just because it’s released that doesn’t mean it’s a mandate


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