Freddie Grows Earnings Sequentially. However, Compared to a Year Ago… May 1, 2019 Paul Muolo The government-sponsored enterprise booked $1.6 billion in negative marks against its derivatives portfolio, reflecting lower interest rates at March 31...Read More
A 26% Earnings Decline for Fannie Mae, Dividend Payment Scheduled for Late June May 1, 2019 Paul Muolo
Ginnie Mae Picks SOFR as the Index Replacing LIBOR April 30, 2019 Paul Muolo Amherst Pierpont Securities worked with Ginnie on the SOFR tranche…Read More
In the Name of Nonbank Liquidity, Caliber CEO Das Floats GSE, FHLB Involvement April 30, 2019 Paul Muolo Nonbank liquidity: a real issue or something else?Read More
Short Takes: A Bill to Stop Lobbying by the GSEs / Who Said They Were Lobbying? / Redfin Mortgage Continues to Expand / Pending Home Sales Increase (Slightly) / Incenter Hires Whole Loan Trading Chief April 30, 2019 Paul Muolo Are GSE officials lobbying Congress?Read More
Short Takes: President Trump to the Rescue (On Rates)? / Then Again, If Stocks Crumble / Warehouse Risk? / Sales Commissions Continue to Rise / New Hires for Greystone April 29, 2019 Paul Muolo Sales commissions for retail loan originators totaled 111 basis points last year, according to a tally from MBA...Read More
The GSE (Lender) Front-End Risk-Sharing Tally for 2018: Just $49 Billion April 29, 2019 Paul Muolo The $49 billion reading is miniscule when compared to GSE total issuance of volume of $781 billion last year.Read More
What We’re Hearing: Due Out Next Week: GSE Earnings / The Last Dividend Payment? / Maybe a Chance at Reform Legislation? / LendingTree’s Money Tree? / MIAC’s MSR Auction April 26, 2019 Paul Muolo Keep an eye on what the GSEs say about their dividend payment...Read More
Fannie/Freddie 1Q19 Earnings Preview: Decent but Keep an Eye on the Hedging ‘Marks’ April 26, 2019 Paul Muolo The government-sponsored enterprises continue to fire on all cylinders. However...Read More
LendingTree Posts Record Revenue for 1Q19, but Suffers a Loss April 26, 2019 Paul Muolo LendingTree played up the results of its nonmortgage-related businesses and increased its overall revenue forecast for the year.Read More