Death of an Index. (No, We Aren’t Talking About LIBOR) May 14, 2021 Dennis Hollier Fannie and Freddie prepare to replace the 11th District Monthly Weighted Average Cost of Funds Index or COFI.Read More
Genworth Puts Mortgage Insurance IPO on Hold May 14, 2021 Dennis Hollier and Paul Muolo Has Genworth Financial found a buyer for its lucrative mortgage insurance subsidiary Enact? Or was it just Mr. Market and his valuation?Read More
Fannie Mae CFO Brown to Leave at Month’s End May 14, 2021 Dennis Hollier Is Brown’s departure the latest sign that the C-suites of the GSEs no longer expect the conservatorship to end soon?Read More
Freddie Steps Up Its Multifamily Offerings May 14, 2021 Dennis Hollier Over the past two weeks, Freddie courted the debt market with four multi-family offerings worth a total of $2.93 billion.Read More
Items on Fannie’s Menu This Week: NPL and RPL Deals May 14, 2021 Dennis Hollier Fannie continues to cut the size of its retained mortgage portfolio.Read More
The Single Security Initiative Is Working as Planned May 14, 2021 Dennis Hollier Economists looked at security issuance, guarantee fees and prepayment speeds to gauge the market impact of the uniform MBS.Read More
Fannie Further Simplifies MBS Pool-Closing Process May 13, 2021 Dennis Hollier Improvements in Collateral Underwriter mean field reviews of appraisals will no longer be required. Read More
Fannie Mae CFO Joins the GSE Exodus May 13, 2021 Dennis Hollier Brown’s departure suggests that Fannie, at least, has yet to staunch the bleeding...Read More
Genworth Postpones MI IPO, Citing Market Valuation May 13, 2021 Dennis Hollier At press time, Genworth's share price was down slightly to $3.83. Its 52-week high is $4.76, its low $1.87...Read More
Surprise: Genworth Postpones Mortgage Insurance IPO May 13, 2021 Paul Muolo and Dennis Hollier Has market sentiment spread to the MI sector? Genworth Financial scuttles (for now) IPO of mortgage insurance division.Read More