Short Takes: What Happened to the GSE Rally? / Time for Treasury to Hire an Advisory Firm? / Trump Serves Notice to HUD as Well, HECMs a Big Concern / Where Did All the Senators Go? / Hugh Frater’s Other Job March 28, 2019 Paul Muolo and Yemeng Yang President Trump is concerned about the HECM program...Read More
Guess What? The Federal Reserve is No Longer No. 1 in MBS Holdings March 22, 2019 John Bancroft The Federal Reserve's MBS leakage began in 2017…Read More
FHA Lenders Can Opt for Third-Party Verification March 22, 2019 George Brooks The new guidance applies to all FHA forward mortgages and HECMs…Read More
Agency Servicing Grows in 4Q18 but Banks Say No to the Party March 21, 2019 John Bancroft The only soft spot was in the servicing for non-agency mortgage-backed securities…Read More
GNMA MBS Production Down Sharply in February March 18, 2019 John Bancroft Much of the reduced refi business resulted from a 14.8% drop in cash-out transactions...Read More
Short Takes: A New Wave of Optimism? / Value Your CFO / Feds Plan Community Hearings on BB&T-SunTrust Deal / MFA Buying Plenty of Whole Loans. Can An MBS Be Next? / Former HUD Official Pam Patenaude Lands March 18, 2019 Paul Muolo Mortgage REIT MFA Financial, New York, bought roughly $1 billion worth of loans during the fourth quarter...Read More
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
Buyouts from Ginnie Mae MBS Boost Supply of NPLs March 15, 2019 Brandon Ivey According to market watchers like Peter Barkey of Roosevelt Management, there are about $4 billion in Ginnie buyouts per month…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
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