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Short Takes: A Refreshing Assessment from Freddie’s Don Layton / Hey, Let’s Build an AU System Everyone Can Use (Maybe Not) / FHFA Pulls the Plug on Rate Survey / Booming Loan Originations. However… / CHLA Hires Industry Vet Willison

June 5, 2019
Paul Muolo

Freddie CEO Don Layton: "People tell me, ‘Well, let’s have a common AUS that everyone can use.’ My only data point on that is that to have a common system on the backend for the security (UMBS) took seven years and $2 billion to build…”


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Potential Borrowers Overestimate Mortgage Qualification Requirements

June 5, 2019
Brandon Ivey

Even current mortgagors don't know the minimum requirements...


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Short Takes: A Lower Production Read on LOs / FHFA Chief Weighs in On Affordable Housing Creation / Thinking About What Gordon Gekko Once Said / Civic Launches Correspondent Initiative / Wholesale v. Correspondent

June 4, 2019
Paul Muolo and Brandon Ivey
If only we had more GSE charters...
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California Still the Mother Lode for Fannie and Freddie

June 4, 2019
John Bancroft
The top three states in GSE business: California, Texas and Florida...
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NAR Advises FHFA Chief Against ‘Aspirational’ Attempts, Curtailing the GSE Footprint

June 4, 2019
Paul Muolo

NAR: FHFA must allow Fannie and Freddie to meet their public mission of supporting liquidity and broad access...


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Long-Awaited Fannie/Freddie UMBS Launches Today

June 3, 2019
Dennis Hollier

Expect a GSE Stock Sale by Early 2020?

June 3, 2019
Paul Muolo

Investment banking fees on a Fannie/Freddie stock sale could be enormous…


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What We’re Hearing: Waiting on Treasury’s GSE RFP / And the Advisory Contract Goes To… / Who Is Andrew Olmem? / Angel Oak’s New MBS / Losing Faith in Mr. Cooper (The Mortgage Company, Not the Teacher) / Hindman: Banks Fail When it Comes to Social Media

May 31, 2019
Paul Muolo

Will institutional investors like Berkshire Hathaway line up to buy a new class of stock issued by Fannie Mae and Freddie Mac? We may know soon... 


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Short Takes: At Freddie, the Brickman Era is About to Start / Coming Up: the 11th Anniversary / Past GSE CEO Salaries, No Cap / Why They Do It / Investing in Solar Panel Loans / It’s All About the Interest Rate

May 30, 2019
Paul Muolo

The year prior, Fannie CEO Daniel Mudd earned $11.6 million while Freddie's chief Richard Syron took home $18.3 million, but a large chunk of their pay included stock... 


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Short Takes: First American’s Systems Exposed? / Forensic Team Hired / Whatever You Do, Don’t Treat Your Employees Like Family / Another New Hire for FHFA / GSE Preferred Shares Repaid?

May 28, 2019
Paul Muolo
FHFA hires a new legislative affairs director...
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