REITs Add to Agency MBS Holdings, Non-Agency Down March 15, 2019 John Bancroft Agency securities accounted for $26.4 billion of the growth in REIT MBS holdings over the course of the year…Read More
FHFA’s Otting in a Position to Bolster the Non-Agency Market March 15, 2019 Brandon Ivey SIFMA’s Daniel Goodwin: “Financial regulators must create a level playing field so that entities like the GSEs do not enjoy capital benefits that add to the tilting of the market…”Read More
SBC Chairman Crapo Schedules Two Days of Hearings on GSE Reform March 14, 2019 Paul Muolo NAR would like to see Fannie and Freddie restructured as tightly regulated shareholder-owned utilities...Read More
CFPB Promises to Resolve GSE ‘Patch’ Responsibly March 14, 2019 Yemeng Yang In January, the CFPB released a five-year look-back report assessing the implementation and effect of the ability-to-repay rule… Read More
Short Takes: Not the Best Written Indictment? (Manafort) / Bought for $3 Million but Worth $8 Million a Few Years Later / Rates Move Lower / Applications Move Higher / PennyMac’s $200 Million Stock Sale / A New Hire for Gateway Mortgage March 14, 2019 Paul Muolo Thanks to declining interest rates, lenders are feeling more optimistic these days...Read More
Freddie Mac’s MBS Business Rebounds in February March 13, 2019 John Bancroft Fannie Mae saw its monthly MBS output decline by 18.1% from January…Read More
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…Read More
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…Read More
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...Read More
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...Read More
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