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Home » Authors » Dennis Hollier

Articles by Dennis Hollier

FHFA CRT Proposal Would Double Return on Capital

October 7, 2021
Dennis Hollier
A Structured Finance Association white paper finds the implementation of CRT programs nearly doubles the ROC for Fannie and Freddie.
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The End Is Nigh for LIBOR, Fed Vice Chair Warns

October 7, 2021
Dennis Hollier
Examiners at the Fed and other financial regulators will be on the lookout for banks that aren’t prepared for the transition to SOFR.
Read More

Debt Issuance by Fannie Mae and Freddie Mac Plummets

October 7, 2021
Dennis Hollier
As issuance has dropped, the companies’ outstanding debt balances have also declined.
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Cash-Out Refis: Boom Without the Bust

October 7, 2021
Dennis Hollier
An FHFA-OIG report suggests underwriting for the current wave of cash-out refinances is much better than in previous cycles.
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Fannie Streamlines Master Servicer Processes

October 7, 2021
Dennis Hollier
Reporting and reimbursement procedures are expected to change immediately at the government-sponsored enterprises.
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FHFA Shuts the Door on Fannie/Freddie JV Issuing Non-GSE Securities

October 6, 2021
Dennis Hollier
FHFA Acting Director Sandra Thompson has quashed her predecessor's plans to expand the footprint of CSS to include GSE competitors.
Read More

Thompson Planning to Look at How the GSEs Price Loans, While...

October 4, 2021
Dennis Hollier
Thompson was more elusive about the question of whether LLPAs should be eliminated...
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Short Takes: Making It Harder for Banks to Merge? / Mortgage M&A? / A Bank ‘Take-Out’ / FHFA Roster Changes / Acra Hires HomeXpress Veteran

October 4, 2021
Paul Muolo and Dennis Hollier
In the old days (pre-subprime crash), it was common for a depository to buy a nonbank lender/servicer via a “franchise” deal...
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Thompson Planning to Look at How GSEs Price Loans

October 1, 2021
Dennis Hollier
In her first long-form interview since taking over as FHFA acting director, Sandra Thompson insisted that expanding the GSEs’ books of business won’t make them riskier.
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Suspension of PSPA Rules Already Impacting Pricing

October 1, 2021
Dennis Hollier
FHFA announced the suspension of the caps on the GSEs’ purchase of second-home and investor-property mortgages on Sept. 14. By Sept. 15, the price of these loans jumped more than a percentage point.
Read More
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