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What We’re Hearing: Good Luck Mr. Calabria / So What’s First on the List? / Digital Mortgages, the Great Mortgage Employment Reducer? / About that 25 BPs LLPA Charge from Fannie Mae / Op-Ed by Caliber CEO Das Sets Tongues Wagging

April 12, 2019
Paul Muolo
A new op-ed from Caliber Home Loans CEO Sanjiv Das has people talking, and not necessarily in a good way...
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GSE MI Takes a Tumble in 1Q19

April 11, 2019
John Bancroft
Fannie and Freddie securitized $52.5 billion of single-family mortgages with private MI coverage in 1Q19, a 21.6% sequential decline, according to a new tally from Inside Mortgage Finance...
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Short Takes: Judge Orders Mediation for Quicken and Uncle Sam / Fighting Rather Than Quitting / A Mortgage Sample of Just 55 Loans / Calabria and GSE Stock Prices / Waiting on the Swearing In / Arch and Some Predictions About the (Coming) Recession

April 9, 2019
Paul Muolo
In late 2015, Quicken executive Bill Emerson complained how DOJ sued based on a paltry sample of the lender’s government-backed loans. “They cherry-picked just 55 loans [for its case],” he said…
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Look Who’s Gaining in the Agency Market: Loan Brokers

April 9, 2019
John Bancroft
Retail-originated loans accounted for 47.0% of first-quarter agency business, the lowest share since loan-level MBS data became available in 2013…
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Fannie/Freddie Debt Dealers Accused of Price Fixing

March 25, 2019
Dennis Hollier
The defendants include Bank of America, Credit Suisse, Goldman Sachs and many other dealers…
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Short Takes: The Mueller Report, the Legislative Calendar and the GSEs / No Kumbaya Moment Here / Let the Administrative Changes Begin / Better Enters FHA Market / The Market Doesn’t Love Us, So We’re Selling

March 25, 2019
Paul Muolo
And that means: two more years of hyper-partisan bickering on both sides and legislation only getting passed if there’s a bi-partisan consensus or a national emergency...
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Senate Banking Committee Unveils Lineup for Two Days of GSE Reform Hearings

March 20, 2019
Dennis Hollier
When it comes to GSE reform, it's never too early to call 12 witnesses...
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Short Takes: Why the GSE Net Worth Sweep Won’t be Reversed / Recap and Release? / A Much-Watched Profit Reading / Starwood and Impac, a Symbiotic Relationship / Bank Failures, Anyone? / Reverse Lender Hires Sales Chief

March 19, 2019
Paul Muolo and Brandon Ivey
Each quarter, GSE profits reduce the federal budget deficit. If that cash is forfeited...
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What We’re Hearing: GAO Worries About Fannie & Freddie / The Return of Jeb Hensarling / Top-Ranked Nonbank Enters the HELOC Market / Quicken Courts the Refi Market / Eddy Perez to Head MORPAC / Take Our Salary Survey

January 18, 2019
The title of the new GAO report says it all: The Prolonged Conservatorships of Fannie Mae and Freddie Mac...
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