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Short Takes: FHFA Policy Announcements Via X / New Home Sales Increase / New Non-QM Lender

March 26, 2025
Brandon Ivey
FHFA Director Bill Pulte is posting pictures of printed memos on X to announce FHFA policy changes.
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Former Freddie CEO Sees Benefits in Ending GSE Conservatorship

March 25, 2025
Dennis Hollier
David Brickman, the CEO of Freddie Mac from 2019 to 2021, argued that 16 years of conservatorship have increased inefficiencies at the GSEs.
Read More

GSE Common Get a Boost From SWF Chatter

March 24, 2025
Dennis Hollier and Paul Muolo
It’s unclear, though, how this stratagem would simplify the “recap and release” of the enterprises.
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Short Takes: MSR Sales, Anyone? / An MSR First / A Due Date for the SWF / The Architects / More Board Shuffles

March 24, 2025
Paul Muolo and Dennis Hollier
Rithm on Monday closed an $878 million debt sale, this one collateralized solely by MSRs.
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FHFA Removes Reid as Freddie’s CEO

March 21, 2025
Dennis Hollier
Freddie President Michael Hutchins will step in as interim CEO.
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Ginnie Loans Push Servicing Volume Up in 2024

March 21, 2025
Brandon Ivey
The volume of single-family mortgage servicing tied to Ginnie Mae rose 7.3% on an annual basis to $2.541 trillion as of the end of 2024.
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Bessent Considers Including GSEs in a U.S. Sovereign Wealth Fund

March 21, 2025
Dennis Hollier
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
Read More

CHLA to FHFA: Don’t Limit GSE Products

March 19, 2025
Brandon Ivey
“Fannie and Freddie should maintain their affordable housing footprint, including condo, investor and second home loans — without volume caps or fee increases unrelated to risk,” CHLA said.
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Pulte Revamps GSE Boards, Including a DOGE Addition

March 18, 2025
Dennis Hollier
Christopher Stanley, a security engineer at SpaceX, is the first member of Elon Musk’s Department of Government Efficiency to join a GSE board.
Read More

Freddie Solidifies MBS Lead Over Fannie

March 17, 2025
Dennis Hollier
The bulk of the February issuance, 53.9%, came from Freddie.
Read More
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