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Phoenix Capital and MIAC Unveil New MSR Auctions

March 13, 2019
Paul Muolo
MIAC is also ready to take final bids on a $315.3 million Fannie/Freddie/Ginnie Mae MSR portfolio…
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In New Budget, White House Hikes Value of GSE Senior Preferred by 21%

March 12, 2019
Dennis Hollier
However, there is no detailed explanation on the accounting…
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Short Takes: Banking on a GSE Dividend / Maybe Next Time Around / Democrats Put CFPB Chief Kraninger on the Grill / Home Point Expands Correspondent Presence / A New Creative Hire for Guaranteed Rate

March 12, 2019
Paul Muolo and Yemeng Yang
Kraninger faced some tough questions from Sen. Warren...
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IGs Asked to Investigate GSE Insider Trading Allegations Tied to FHFA/OCC Employees

March 11, 2019
Dennis Hollier
Two public watchdog groups are demanding an IG probe into possible media leaks and a spike in the stock price of GSE shares...
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Final Rule on UMBS Issued; June Launch Date Remains

March 6, 2019
Paul Muolo and Brandon Ivey
The Federal Housing Finance Agency last week issued a final rule aimed at improving liquidity of the to-be-announced MBS as well as the new uniform MBS, which makes its debut in early June ...
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Agency MBS Production Declined in January but Trading Volume Soared

March 4, 2019
Paul Muolo
The bravura performance came during a month when GSE and Ginnie Mae MBS issuance totaled just $80.7 billion…
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Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage

March 4, 2019
Paul Muolo, Brandon Ivey, and George Brooks
More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...
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What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director

March 1, 2019
Paul Muolo
Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs?
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How Soon Can the Calabria Vote Reach the Senate Floor? May?

March 1, 2019
Dennis Hollier
One GOP staffer told Inside Mortgage Finance the combination of strong industry support for Calabria, plus the nominee’s “bravura performance” at his confirmation hearing, probably sealed the deal on a quick trip.
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Short Takes: A Mega Servicing Deal Approaching? / ‘Goldilocks’ Pricing / The Ditech Portfolio? / Fannie & Freddie Common Take a Rest / FHFA’s Final UMBS Rule / Bell Bank Opens AZ Branch, Mortgages on the Menu

February 28, 2019
Paul Muolo
The share price of Fannie Mae and Freddie Mac common has been on a mild downward slope since Feb. 22. Meaning?
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