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Home » Authors » Dennis Hollier

Articles by Dennis Hollier

The UMBS Up and Running, CSS Quietly Cuts 36 Jobs

December 5, 2019
Dennis Hollier

Although most of the CSS software developers let go were contractors, the company did have a few employees working in development. Now that the platform is finished, those positions are no longer required.


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Short Takes: Falling Rates and GSE Stocks / That Was Yesterday / A Break for Weed Reporting / Radian Hikes Severance Formula / More Senior Hires at FHFA

December 3, 2019
Paul Muolo and Dennis Hollier

Mortgage insurer Radian recently modified the severance agreements it has with certain executives, boosting termination pay to 150% from 100%. Of course, this only applies if it’s a “qualifying termination event"...


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Calabria Will Re-Propose Capital Rule for GSEs

November 27, 2019
Dennis Hollier

Part of the problem is that the current proposed rule was a product of the previous director and much has changed since the rulemaking began a year ago.


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2020 Conforming Loan Limits Climb to $510,400

November 27, 2019
Dennis Hollier

The increase reflects a 5.38% surge in the price of the average home from the third quarter of 2018 to the third quarter of 2019, as calculated in FHFA’s House Price Index.


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FHFA Unveils 2020 GSE Loan Limit: $510,400, Up 5.38%

November 27, 2019
Dennis Hollier

It's official: the FHFA on Tuesday released the 2020 conforming loan limit: $510,400, up 5.38% year over year.


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Fed's Agency MBS Purchases Spike, Prompting Questions

November 27, 2019
Dennis Hollier

The Fed has significantly stepped up purchases of agency MBS in recent months. However, the central bank's balance sheet shows no sign of an increase in MBS holdings, prompting some questions. Meanwhile, shoring up the repo market might be a factor.


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Goldman Sachs Latest To Settle in Price-Rigging Lawsuit

November 27, 2019
Dennis Hollier

The plaintiffs had accused 16 major financial institutions of exploiting their market dominance to manipulate bond prices.


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Phillips: Treat GSE Shareholders 'With Respect'

November 27, 2019
Dennis Hollier
According to Treasury's former point man on housing issues, authorities should “really respect the rights of the current shareholders.”
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Calabria Adds Others from Cato Institute to FHFA Staff

November 27, 2019
Dennis Hollier

Agency Director Mark Calabria is hiring like-minded executives from the conservative institutions of his past.


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FHFA Obtains Guilty Plea in Short Sale Fraud Case

November 27, 2019
Dennis Hollier

Prosecutors allege that co-owners of a company that offered assistance to borrowers going through short sales illegally charged fees for negotiating the sales.


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