Dennis Hollier

CBO Not So Bullish on a GSE IPO

August 19, 2020

CBO, in a report that received little notice, based its estimates on a variety of assumptions about the companies’ retained earnings, capital requirements and more...

Short Takes: Don’t Faint: Freedom Actually Bought RoundPoint / Price? / The 12th Largest Servicer / Nielson Picked to Argue FHFA-SCOTUS Case

August 18, 2020

Paul Muolo and Dennis Hollier

Break out the smelling salts: Freedom Mortgage bought RoundPoint after all...

Fannie Once Again Hikes its Origination Forecast; $2.1 Trillion in Refis for 2020

August 17, 2020

Dennis Hollier

Fannie economists say surging refinance volumes remain the driving force in the housing market...

GSEs to Charge Lenders a 50 bps ‘Adverse’ Market Fee

August 14, 2020

Dennis Hollier

MBA President Bob Broeksmit argues that the new LLPA “flies in the face of the administration’s recent executive actions urging federal agencies to take all measures within their authorities to support struggling homeowners.”

MBA Asks CFPB to Further Extend the ‘GSE Patch’

August 14, 2020

Dennis Hollier

Extending the GSE patch until six months after the new QM rule goes into effect would give market participants adequate time to prepare, and minimize the number of loans impacted by the change.

FHLBanks’ Earnings Weather Declines in Assets

August 14, 2020

Dennis Hollier

The bright spot in the FHLBanks’ earnings report was net interest income, which climbed to $1.25 billion 2Q20, a 36.4% sequential increase, despite the fact that advances declined by almost 31%. (Includes data chart.)