Appraisals and Income Verification Guidance Amid COVID-19 March 27, 2020 Dennis Hollier Fannie and Freddie are providing “alternative flexibilities” to reduce the need for appraisers to inspect the interior of a home.Read More
Fed MBS Purchases Pause Mortgage Market Skid March 27, 2020 Dennis Hollier Federal Reserve operations this week swallowed up more than $39.8 billion in agency MBS, including about $31.7 billion in uniform MBS. Read More
Multifamily Borrowers and Renters also Get Relief March 27, 2020 Dennis Hollier The GSEs have extended their forbearance programs to include multifamily borrowers and renters experiencing hardship due to COVID-19.Read More
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
GSE Roundup March 27, 2020 Dennis Hollier FICO subject of DOJ antitrust probe; Fannie board member to head OCC; Freddie discontinues LIBOR-linked debt. Read More
FHFA Reiterates Forbearance Amid Coronavirus Outbreak March 13, 2020 Dennis Hollier Borrowers are entitled to forbearance if unable to make their monthly mortgage payment due to the virus, the FHFA has reminded servicers.Read More
Presidential Candidates Have Plans for GSE Fees March 13, 2020 Dennis Hollier Wells Fargo Securities analysts said if there is going to be a hike in g-fees, it’s likely to be instigated by FHFA Director Mark Calabria.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
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