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Genworth Mortgage Joins the IPO Hustle

April 22, 2021
Dennis Hollier
Following the Oceanwide merger debacle, Genworth Financial licks it wounds by initiating plans to spin off its mortgage insurance business.
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MBA Lobbying Against PSPA Provisions that Limit Loan Sales

April 14, 2021
Dennis Hollier

In a sign of frustration, on Tuesday the MBA turned up the volume, asking members of the Mortgage Action Alliance, its main lobbying arm, to call their congressman...


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Fannie and Freddie Announce the End of the QM Patch

April 9, 2021
Dennis Hollier and Brandon Ivey

Under previous Director Kathy Kraninger, the CFPB claimed the impact from these changes would be minimal. According to the bureau, the vast majority of loans that received QM status due to the patch would also meet the new standards.


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FHFA Poised to Extend Controversial 'Adverse Market' Fee

April 6, 2021
Dennis Hollier

FHFA says it always expected the fee to still be in place in December...


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CSS Taps Cenlar Executive as New Chief Risk Officer

March 24, 2021
Dennis Hollier

CSS, a joint venture of Fannie Mae and Freddie Mac, has been on something of a hiring spree of late. In 2020, at the direction of the Federal Housing Finance Agency, the company increased the size of the board by three members, the last two of which were picked early this year. In December, CSS also picked a new chief technology officer.


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Lenders Amplify Criticism of PSPA Amendment

March 23, 2021
Dennis Hollier

Fannie: Mortgage Lenders Expect Declining Profits

March 11, 2021
Dennis Hollier

In the first quarter, 52% of lenders said they believe their margins will decrease...


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GSEs' 2020 Affordable Housing Allocation Tops $1 Billion

March 2, 2021
Dennis Hollier

Treasury, which administers the capital magnet fund, uses the money to provide competitive grants to community development financial institutions and nonprofit housing organizations.


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NAR: New Fannie Rules Endanger Resort Area Borrowers

February 25, 2021
Dennis Hollier

New clarifications in Fannie's selling guide may cause some second homes and investment properties to be miscategorized as short-term rentals.


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Exodus, The Movement of the GSE People

February 23, 2021
Dennis Hollier

The industry veteran joins a growing list of highly regarded members of GSE leadership who have recently decamped for greener pastures in private enterprise.


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