Dennis Hollier

Fannie Identifies Multifamily MBS Impacted by COVID-19

April 24, 2020

The list, which currently includes only four pools, will be updated weekly. It can be found on the DUS Disclose page of Fannie’s website.

Treasury Throws Cold Water on Additional Liquidity Support for MBS Servicers

April 24, 2020

Dennis Hollier

The situation at press time: Mnuchin said that a Fed facility was no longer warranted...

CRT Investors Could See Losses

April 23, 2020

Dennis Hollier

Some credit-risk transfer deals explicitly exempt forbearance losses due to natural disasters. Freddie Mac clarified that it considers the coronavirus a natural disaster. Fannie Mae has yet to provide guidance.

FHLBanks to Accept PPP Loans as Collateral

April 23, 2020

Dennis Hollier

The Division of FHLBank Regulation’s decision to accept PPP loans as collateral is based on the Small Business Administration’s 100% guarantee of the unpaid principal balance.

Industry Outraged at FHFA Over LLPAs on Forbearance Loans

April 23, 2020

Paul Muolo and Dennis Hollier

Mortgage bankers have been clamoring for liquidity help from the FHFA. This week, the agency delivered on the issue of the GSEs buying COVID-19-related forbearance loans, but then lenders read the fine print.

Fannie, Freddie and Falling Forecasts

April 23, 2020

Dennis Hollier

Economists at Fannie and Freddie are “relatively optimistic” about mortgage originations in 2020, despite the economic impact of COVID-19. But not if social distancing remains in place beyond May.

What Happens After Forbearance Ends?

April 23, 2020

Dennis Hollier

Regulators have acknowledged that the lack of legal clarity and the speedy implementation of the new forbearance requirements may set the stage for exploitation by unscrupulous or ill-informed servicers.

Credit Box Shrinking Amid (Growing) Forbearance Risk

April 22, 2020

Dennis Hollier

When the going gets tough, the tough tighten their underwriting standards...

GSEs May Soon Purchase Loans in Forbearance

April 21, 2020

Dennis Hollier

Of course, early this spring, the FHFA, in trying to aid consumers economically impacted by the pandemic, requested that servicers provide forbearance.

Still Undecided: Liquidity for MBS Servicers. More Appeals Made to the Fed, Treasury…

April 17, 2020

Paul Muolo and Dennis Hollier

Another day goes by, and more pleas to Uncle Sam to fix the MBS liquidity problem. What will it take?

Dennis Hollier

ARTICLES

Fannie Identifies Multifamily MBS Impacted by COVID-19

Treasury Throws Cold Water on Additional Liquidity Support for MBS Servicers

CRT Investors Could See Losses

FHLBanks to Accept PPP Loans as Collateral

Industry Outraged at FHFA Over LLPAs on Forbearance Loans

Fannie, Freddie and Falling Forecasts

What Happens After Forbearance Ends?

Credit Box Shrinking Amid (Growing) Forbearance Risk

GSEs May Soon Purchase Loans in Forbearance

Still Undecided: Liquidity for MBS Servicers. More Appeals Made to the Fed, Treasury…

Latest Imf News

Retail, Correspondent Channels Boost Government Lending

Fannie’s Investment Portfolio Shrinks in August

Ameritrust Files Suit Over Investor Fraud

Judge Sides With State AGs in CFPB Funding Lawsuit

Featured Data

Ginnie MBS Issuance Down in August as Refi Slide Continues

Banks Resume Adding to Mortgage Holdings in Second Quarter

Banks Continue to Add to Their ABS Portfolios

Jumbo Share of Originations Highest Since 2022

Featured Reports

Mortgage Servicing Rights Report: 2Q26 (PDF)

Agency Seller-Issuer Profile: 2Q26 (PDF)

Mortgage Profitability Report 2Q26 (PDF)

IMF HMDA Dashboard: 2025

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?