Fed’s Plans for Agency MBS Holdings Unclear March 11, 2022 Dennis Hollier The Federal Reserve will close on an era this week, ending its pandemic policy of net asset purchases and preparing for a runoff of agency MBS.Read More
Experts Ponder MBS Market as Fed Begins Its Exit February 11, 2022 Dennis Hollier Who will take up the slack when the Fed is no longer the dominant buyer in the MBS market?Read More
Freddie Mac Thumbs Its Nose at Cryptocurrency December 10, 2021 Dennis Hollier Bitcoin and its competitors remain unwanted in the U.S. mortgage market.Read More
GSEs Sail Smoothly Through Stress Tests Amid Pandemic August 20, 2021 Dennis Hollier FHFA finally releases the results of the 2020 DFASTs, nearly a year after they were postponed due to the pandemic.Read More
Dallas Fed President Pushes Tapering; FOMC Doesn’t Budge July 9, 2021 Dennis Hollier The Fed plans to maintain quantitative easing, arguing that current inflationary trends are transitory.Read More
Freddie Adds a New Director with ‘Fed’ experience June 25, 2021 Dennis Hollier Former FRBNY executive Alberto Musalem will bring sharp economic credentials to the GSE’s board and risk committee.Read More
Would a Central Clearing Facility Improve the MBS Market? April 16, 2021 Dennis Hollier Federal Reserve Bank of New York economists look for ways to improve the market-making capacity of prime dealers for agency MBS. Read More
Fed, Commercial Banks Continue to Dine on Agency MBS March 5, 2021 Dennis Hollier The Fed and commercial banks purchased a combined $1 trillion in agency MBS over the past 12 months, more than 145% of the net supply. (Includes data chart.)Read More
Fed Adds New CMBS Counterparties March 5, 2021 Dennis Hollier The Federal Reserve Bank of New York diversifies its roster of counterparties that support the purchase of agency CMBS.Read More
FHFA Says GSEs Must Plan for Receivership January 8, 2021 Dennis Hollier FHFA said the plan to have “living wills” is akin to what the Federal Reserve and the FDIC require for their bank charges.Read More