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Home » Authors » Dennis Hollier

Dennis Hollier

dhollier@imfpubs.com
Articles

ARTICLES

FHFA and Treasury Renegotiate PSPA. Now What?

January 21, 2021
Dennis Hollier
The new PSPA will allow Freddie Mac and Fannie Mae to continue retaining earnings until they reach the regulatory minimum capital — almost $283 billion combined.
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Short Takes: Coming (Sort of) Soon: A 30% Market Share for Loan Brokers? / Still Hiring / Another Milestone for Broker Employment / FHFA Stays Busy

January 20, 2021
Paul Muolo and Dennis Hollier

According to figures compiled by the U.S. Bureau of Labor Statistics, loan brokerage firms now employ 109,800 full-timers...


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Short Takes: Blowout Revenue for Ginnie / The GSE Retained Earnings Equation: About 11 Years / Selling Shares While in Conservatorship / What Biden’s New Plan Means for Servicers

January 15, 2021
Dennis Hollier, Maria Volkova, and Brandon Ivey

In a note to investors, Compass Point analyst Isaac Boltansky estimated that, with combined annual profits of about $21.4 billion, it will take 11 years for Fannie and Freddie to reach FHFA’s capital targets…


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FHFA and Treasury Eliminate Cap on GSE Retained Earnings. Now What?

January 15, 2021
Dennis Hollier

Rather than ending the net worth sweep outright and agreeing to write off some of its preferred shares, Treasury is essentially simply allowing Fannie Mae and Freddie Mac to continue their practice of retaining earnings.


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GSEs to Provide Additional Loan-Level MBS Disclosures

January 14, 2021
Dennis Hollier
New loan-level information in the MBS disclosures will include delinquency status and payment plan history.
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FHFA Ends COVID-Related Early Forbearance Loan Policy

January 14, 2021
Dennis Hollier
Fannie and Freddie will no longer purchase loans that go into forbearance before delivery. They have, however, begun charging a 50-bps adverse market fee for essentially all refis.
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Grapevine: Margin Compression? A Spike in New Business

January 14, 2021
Paul Muolo and Dennis Hollier
Primary/secondary spreads are thinning. Meaning? Also, former Fannie executive Andrew Bon Salle lands at Home Point right before its IPO.
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Time Running Out On GSE Loan Acquisition Forbearance Policy

January 13, 2021
Dennis Hollier

Even though there was no official announcement, that policy expired on December 31.


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On Thursday, All Eyes May Be On the FHFA. Higher GSE Capital Ceilings?

January 13, 2021
Dennis Hollier

However, details remain a closely guarded secret...


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Former Fannie Mae Exec Bon Salle Resurfaces at Home Point

January 12, 2021
Dennis Hollier

It's good timing for former Fannie executive Andrew Bon Salle. Home Point is about to go public.


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View All Articles by Dennis Hollier

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