FHFA Directs Enterprises to Wind Down Up-Front CRT March 27, 2020 Dennis Hollier One mortgage REIT is already feeling the effects of the GSEs’ move to unwind an obscure credit-risk transfer program by yearend.Read More
Industry Resumes Fight Against G-Fee Hike March 13, 2020 Dennis Hollier Mortgage industry trade groups have once again urged Congress to not allow the use of g-fees to fund non-housing-related activities.Read More
Fannie Introduces New CRT Products for Seasoned Loans March 13, 2020 Dennis Hollier The new products will allow Fannie to shed some of its credit risk and also reduce the amount of capital it has to hold against these loans.Read More
GSE Noncore Business: Volumes Wax, Percentages Wane March 13, 2020 Dennis Hollier Even as the percentage of GSE high-DTI loans fell, an odd thing happened: The actual dollar volume of these assets surged.Read More
SCOTUS and 5th Circuit Confuse Matters for FHFA and CFPB March 13, 2020 Dennis Hollier While the SCOTUS is still to decide on the CFPB’s fate, the Fifth Circuit Court of Appeals ruled the bureau is constitutional. FHFA implications.Read More
Audit Finds FHFA Unprepared to Regulate GSEs March 13, 2020 Dennis Hollier According to the FHFA IG, the agency is still not adequately staffed to assess the safety and soundness of Fannie and Freddie.Read More
FHLB ‘Plan’ to Buy Freddie Could Work February 28, 2020 Dennis Hollier Lawrence Parks, a former FHLB-SF executive, believes an FHLB plan to buy Freddie seems as plausible as other ideas that pass for GSE reform. Read More
Fannie, Freddie Reform Plan Not Yet Fleshed Out February 28, 2020 Dennis Hollier Treasury and FHFA say it is still “premature to comment on specific capital levels” necessary to release the GSEs from conservatorship.Read More
Mike Bloomberg’s GSE Merger Plan Draws Attention February 28, 2020 Dennis Hollier Presidential candidate Mike Bloomberg’s plan to merge the GSEs actually got the other Democratic candidates to talk about MBS. Read More
Phillips Lands at HouseCanary February 28, 2020 Dennis Hollier Former Treasury official Craig Phillips joins HouseCanary.Read More
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