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Genworth Postpones MI IPO, Citing Market Valuation

May 13, 2021
Dennis Hollier

At press time, Genworth's share price was down slightly to $3.83. Its 52-week high is $4.76, its low $1.87...


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FHFA: What To Do About Short-Term Rentals?

May 10, 2021
Dennis Hollier

The RFI appears to be in response to long-standing complaints about how the GSEs deal with properties that earn an income by providing transient housing...


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GSE ‘Adverse Market’ Fee Gets Waived in New Refi Initiative

April 28, 2021
Brandon Ivey

There’s just one catch: the refi option won’t be available until the summer...


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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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