Dennis Hollier

GSE LIHTC Funding Averts Affordable Housing Crisis

September 6, 2019

When Congress passed the Tax Cuts and Jobs Act in December 2017, one of the major concerns was the impact it would have on the LIHTC program.

GSE Roundup

September 6, 2019

Dennis Hollier

Low rates on Fannie debt may reflect a sagging world bond market, with some European bonds being issued at negative interest rates; to date, Freddie has sold $4 billion in reperforming loans through SLST deals.

HFSC Member Duffy to Resign

September 6, 2019

Dennis Hollier

Rep. Sean Duffy, a Tea Party Republican and a staunch supporter of Presi-dent Trump, has been a vocal advocate for GSE reform.

Former Freddie CEO Says GSEs May Need Less Capital

September 6, 2019

Dennis Hollier

The latest stress tests provide a window into the risk retained by the GSEs, and therefore, into how much capital they'll need to survive the next economic crash.

Will MBS Yield to Inverted Curve?

September 6, 2019

Dennis Hollier

The bond market is upside down. Since Aug. 27, all Treasury notes with maturities of one year and lower have had greater yields than the 10-year.

FHFA Caps Executive Pay at the GSEs

September 6, 2019

Dennis Hollier

The latest FHFA directive is something of a mystery. In separate 8-Ks, both Fannie and Freddie point out that no employees currently receive a base salary of more than $600,000.

Two Views on the Patch: Adam Levitin, Redwood Trust

September 6, 2019

Dennis Hollier

"The CFPB’s job is not to regulate market share in the secondary mortgage market,” says Adam Levitin.

Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

September 5, 2019

Dennis Hollier and Paul Muolo

Syracuse Securities calls the mortgage business "unforgiving and highly competitive." That sounds about right...

Court Won’t Approve Ditech Bankruptcy Settlement

September 5, 2019

Dennis Hollier

The success of the mortgage giant’s settlement with creditors depended on its assertion that the sale of its assets was part of its reorganization plan rather than Chapter 11 proceedings.

The Inverted Yield Curve and the Bond Market

September 5, 2019

Dennis Hollier

The sagging rates on long-term bonds also impact bank earnings and the mortgage-backed security market.

Dennis Hollier

ARTICLES

GSE LIHTC Funding Averts Affordable Housing Crisis

GSE Roundup

HFSC Member Duffy to Resign

Former Freddie CEO Says GSEs May Need Less Capital

Will MBS Yield to Inverted Curve?

FHFA Caps Executive Pay at the GSEs

Two Views on the Patch: Adam Levitin, Redwood Trust

Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

Court Won’t Approve Ditech Bankruptcy Settlement

The Inverted Yield Curve and the Bond Market

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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?