Dennis Hollier

Lower Income Threshold for GSE Programs Costs PMI Companies

January 16, 2020

The percentage of private mortgage insurance sales tied to the GSEs’ low-downpayment programs dropped from 20% in July to 12% in December, with industry players pinning the fall on lower income thresholds.

Calabria Raises SIFI Concerns for Nonbanks

January 16, 2020

Dennis Hollier

To make sure property markets aren’t creating excessive systemic risk, it’s important for regulators to look at the issue broadly, said FHFA’s Mark Calabria. That’s where an activities-based approach is critical.

Handicapping the GSE Recap-and-Release Action…

January 10, 2020

Dennis Hollier

There’s some skepticism regarding how quickly the FHFA and Treasury might act in 2020…

AEI Says GSE Credit-Risk Transfers May Be Riskier

January 9, 2020

Dennis Hollier

The loans covered by the GSEs’ loan performance data have much lower default rates than those in their full book of business, according to the AEI.

MBS & ABS Grapevine: Waiting on GSE Capital / GSE Stocks Shine, REITs Lag

January 9, 2020

Paul Muolo and Dennis Hollier

The year is young but already MBS and ABS deals are being prepped. Meanwhile, the mortgage market is waiting to see the FHFA’s capital proposal for Fannie and Freddie.

Calabria Says No Decision Yet on Using a ‘Consent Decree’

January 9, 2020

Dennis Hollier

FHFA Director Mark Calabria walked back the idea of using a consent decree as part of the agency’s plan to recap and release Fannie and Freddie from conservatorship.

Will GSEs Begin Exiting from Conservatorship in 2020?

January 9, 2020

Dennis Hollier

Analysts ponder whether the administration is committed to making key reforms to the GSEs in the midst of an election year.

FHFA Chief: No Decision Yet on Using a ‘Consent Decree’ for Fannie and Freddie

January 9, 2020

Dennis Hollier

Any new offering of stock by the GSEs likely won’t commence until 2021, though the situation is fluid...

Supreme Court Ponders Collins Petition in GSE Case

January 8, 2020

Dennis Hollier

The appeals court ruled in part for the plaintiffs, saying that the single director structure of the Federal Housing Finance Agency violated the separation of powers principle and thus was unconstitutional.

Short Takes: FHFA’s Capital Proposal Release Date? / The Sen. Warren Factor / CMBS Trouble in NYC / Judge Questions the Past Financial Distress of the GSEs / Promotions at Digital Lender

January 6, 2020

Paul Muolo and Dennis Hollier

Cowen says even if Sen. Warren loses the race she will “dominate financial policies headlines in 2020.” The Democratic caucus is set for Feb. 3 in Iowa…

Dennis Hollier

ARTICLES

Lower Income Threshold for GSE Programs Costs PMI Companies

Calabria Raises SIFI Concerns for Nonbanks

Handicapping the GSE Recap-and-Release Action…

AEI Says GSE Credit-Risk Transfers May Be Riskier

MBS & ABS Grapevine: Waiting on GSE Capital / GSE Stocks Shine, REITs Lag

Calabria Says No Decision Yet on Using a ‘Consent Decree’

Will GSEs Begin Exiting from Conservatorship in 2020?

FHFA Chief: No Decision Yet on Using a ‘Consent Decree’ for Fannie and Freddie

Supreme Court Ponders Collins Petition in GSE Case

Short Takes: FHFA’s Capital Proposal Release Date? / The Sen. Warren Factor / CMBS Trouble in NYC / Judge Questions the Past Financial Distress of the GSEs / Promotions at Digital Lender

Latest Imf News

GSE Buybacks in 2025 Fall to Level Last Seen in 2020

Senator Launches Investigation of FICO’s Pricing Practices

Waters Seeks Changes to Housing Bill From Senate

CFPB Charts New Path With Draft Strategic Plan

Featured Data

GSE Deliveries Fall 11.4% in February

Nonbank Earnings Slip in 4Q25, Fail to Match 2024

Bank ABS Holdings Edge Higher in Fourth Quarter

REIT MBS Holdings Still Growing as 2025 Closes

Featured Reports

Agency Channel Analysis: 4Q25 (PDF)

IMF Mortgage Directory: Full interactive database

IMF HMDA Dashboard: 2024

Top Mortgage Players: 3Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?