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Freddie Preps CRT Deal Following New Capital Requirements

December 10, 2020
Brandon Ivey

Fannie suspended CRT issuance earlier this year when the FHFA proposed new capital requirements for the GSEs. Freddie, though, stayed in...


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Biden Picks Rep. Fudge of Ohio to Lead HUD

December 9, 2020
Paul Muolo

First elected to Congress in 2008, the African-American legislator began her public career in the Cuyahoga County Prosecutor’s Office in Ohio. She is not a member of the House Financial Services Committee...


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Uncertainty About GSE CRT Issuance Persists Following FHFA’s Capital Rule

December 2, 2020
Brandon Ivey

The FHFA's capital requirements for the GSEs don't exactly favor CRT transactions but the Biden administration is expected to encourage the deals.


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With Refis Rolling, VA Production Edges Out FHA Once Again

November 29, 2020
John Bancroft

The top three VA originators in 3Q20: Freedom Mortgage, Quicken Loans and Veterans United Home Loans...


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An Auction is Set for Ginnie Mae EBOs

November 25, 2020
Paul Muolo

One veteran trader said he’s seeing “lots of smaller [EBO] pools” in the market...


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Annaly Increases Credit Investments

November 19, 2020
Brandon Ivey

Annaly issued $1.0 billion of non-agency MBS during the third quarter, depleting its whole-loan holdings...


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‘Dreamers’ and FHA Mortgages, A Clearer Picture?

November 16, 2020
Maria Volkova

During an oversight hearing on Capitol Hill in June, HUD Secretary Ben Carson denied that DACA recipients are banned from receiving FHA loans.


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Freddie’s CRT Issuance Booms as Fannie Sits Idle

November 13, 2020
John Bancroft

For its part, Fannie has stayed away from new CRT issuance other than some reinsurance transactions...


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Primary MI Sets New Highs in 3Q20 Mortgage Boom

November 12, 2020
John Bancroft

The refinance business for private MIs fell 11.0% from the second to the third quarter, dropping to 30.6% of their production. Still, that’s well above historic norms...


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Short Takes: Mortgage Insurance Heaven / Strong NIW from MGIC and Radian / Genworth’s Sale is Still a Go / The Election and What It Means for the Financial Sector

November 5, 2020
Paul Muolo

With their COVID-related charges in the rearview mirror, the mortgage insurance sector came roaring back...


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