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Fannie’s and Freddie’s ‘Release’ Date? See You in 2037

March 2, 2022
Paul Muolo
KBR writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion"...
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GSE Multifamily Earnings: A Nice Gain for Fannie, Freddie Not So Much

February 28, 2022
Dennis Hollier
In particular, Fannie benefited from loan-loss recaptures...
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Federal Circuit Tosses Most GSE Shareholder Cases

February 23, 2022
Dennis Hollier
The judges rejected shareholder appeals based on both direct and derivative claims.
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In a Few Weeks, GSE Nonbank Eligibility Requirements?

February 22, 2022
Paul Muolo
BTIG predicts the FHFA’s proposal likely will dovetail with many of the prudential requirements for nonbanks finalized by the CSBS...
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A Big Surprise? Deliveries Above the 2021 Baseline Loan Limit Spike in January

February 17, 2022
Based on trends from prior years, roughly $25.0 billion of mortgages above the 2021 conforming loan limit would have been expected to be delivered to Fannie and Freddie in January...
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Secondary Market Deliveries Earn a Reprieve in January

February 16, 2022
Dennis Hollier
The year-over-year drop in production was almost across the board, with nearly 80% of the top 100 sellers showing declines in January...
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A Stellar Year and Quarter for Fannie Mae, Net Worth Climbs to $47.4 Billion

February 15, 2022
Paul Muolo and Dennis Hollier
Fannie's net worth keeps climbing but its new CFO notes the MBS guarantor is "significantly" undercapitalized...
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New Capital Requirements Expected for Nonbank Servicers

February 14, 2022
Dennis Hollier
Others, however, believe the regulator won't act until the Senate confirms a permanent director for the agency.
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In 4Q21, An Adjustment for Conventional Origination Volumes

February 10, 2022
Rocket Mortgage ranked as the top originator of conventional-conforming loans with an estimated $279.3 billion in volume.
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A Slightly Lower Profit for Freddie. Note: Higher Credit Expenses

February 10, 2022
Paul Muolo and Dennis Hollier
Although earnings slipped, net revenues increased to $5.57 billion from $5.25 billion in 3Q21.
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