Fed’s MBS Holdings Resist Shrinkage July 14, 2022 Dennis Hollier The Federal Reserve’s runoff of Treasuries and agency MBS remains far below expectations.Read More
A Ratings Upgrade for Fannie and Freddie July 14, 2022 Dennis Hollier The upgrade piggybacks on Fitch’s recent revision of its ratings outlook for Uncle Sam and his IDRs...Read More
Fitch Upgrades GSE Ratings July 14, 2022 Dennis Hollier The ratings outlook for Fannie Mae, Freddie Mac and two of the FHLBanks have been upgraded from negative to stable, reflecting strong economic growth and heightened government support.Read More
Fannie/Freddie Exposure to New Fee on Commingled Securities Differs July 12, 2022 Dennis Hollier Fannie and Freddie have very different levels of exposure to uniform MBS issued by the other...Read More
Former FHFA Director Calabria in Boardland July 11, 2022 Dennis Hollier Evolve must have been a big fan of of Calabria's. In its press statement announcing the hire, it referred to him as an "industry legend." Read More
GSE Exposures to New Fee on Commingled Securities Differ July 7, 2022 Dennis Hollier Both Fannie Mae and Freddie Mac foreshadowed the new fee for commingled securities in their SEC filings. (Includes data chart.)Read More
The Numbers on Fannie’s Latest CAS Tender Offer July 7, 2022 Dennis Hollier Investors tendered debt notes worth slightly more than 82% of the original principal amount.Read More
GSEs and FHFA Focusing on Fourth-Party Risk July 7, 2022 Dennis Hollier Fourth-party risk? It's an issue for Fannie, Freddie and their regulator...Read More
GSEs and FHFA Focusing on Fourth-Party Risk July 7, 2022 Dennis Hollier GSE third-party service providers increasingly have their own third parties that could also pose a risk to the enterprises.Read More
Home Price Appreciation Shows Signs of Easing July 7, 2022 Dennis Hollier With mortgage rates approaching 6%, home price appreciation may soon peak.Read More