New GSE Loan Limits Drive Up Fannie, Freddie Common December 9, 2021 Dennis Hollier Fannie and Freddie stock prices jumped (only briefly) on news the two entities will be able to buy loans worth close to $1 million in 2022.Read More
GSEs Refine Affordable Refi Programs December 9, 2021 Dennis Hollier Freddie Mac will implement a higher income threshold for its Refi Possible product for low-income borrowers beginning Jan. 31.Read More
Short Takes: A Stake in Aurora / A Difficult Task / The Mortgage SPAC Club / Fed Chair Powell: About Those MBS Purchases… / A Promotion at GR December 3, 2021 Paul Muolo and Dennis Hollier A headcount on mortgage SPACs...Read More
Federal Reserve to Consider Speeding Up MBS Taper December 2, 2021 Dennis Hollier Federal Reserve Chair Jerome Powell says inflation has been high enough long enough to warrant a quicker reduction in the central bank’s MBS purchases. Time for mortgage bankers to worry?Read More
GSEs Continue to Shed Nonperforming Loans December 2, 2021 Dennis Hollier The latest NPL sales at Fannie and Freddie add to the more than 130,000 of these loans they’ve unloaded from their portfolios since 2014.Read More
Fannie Goes Inhouse and Names a New CFO December 2, 2021 Dennis Hollier Controller Chryssa Halley to run financial team at the mortgage giant.Read More
FHFA Sets 2022 Conforming Loan Limits 18% Higher December 2, 2021 Dennis Hollier The unprecedented increase has FHFA leadership thinking about the relationship between the conforming loan limits and home price appreciation.Read More
Trump Claims He Would Have Released the GSEs December 2, 2021 Dennis Hollier The former president claims he wanted to fire former FHFA Director Mel Watt and let Fannie and Freddie out of conservatorship.Read More
Short Takes: Eye on the 10-Year / Mortgage Stocks? / A Decline in Applications / Refis Wane / FHFA’s No-Bid Contract December 1, 2021 Paul Muolo and Dennis Hollier Rocket's share price was up almost 5% at one point...Read More
FHFA Rolls Out 2022 Conforming Loan Limits. High Cost Areas Just Shy of $1M November 30, 2021 Dennis Hollier An 18.05% year-over-year increase in home prices means Fannie and Freddie will be able to purchase loans as high as $970,080 in 2022.Read More