New Bill Bans G-Fee Hikes From Offsetting Government Spending March 14, 2013 Charles Wisniowski Proposed legislation would ban the use of guaranty-fees to pay for non-housing federal expenditures.Read More
Short Takes: A New FHFA Director to Be Unveiled Soon? / Nonbanks and Jumbos? / Rep. Ryan Plan to Kill the GSEs DOA / Apps Take A Tumble / Sen. Elizabeth Warren, Silent but Not for Long March 13, 2013 Paul Muolo, Thomas Ressler, and Charles Wisniowski Will the White House soon unveil its FHFA director candidate? Read More
SEC Nominee Mary Jo White: Enforcement a “High Priority” March 12, 2013 Charles Wisniowski Wall Street executives involved in MBS fraud may not be off the hook quite yet.Read More
Senator Seeks DOJ Investigation of LPS, Alleges Double-Billing, More March 11, 2013 Charles Wisniowski Mortgage vendor Lender Processing Services continues to have robo-signing related headaches, thanks to a request from Sen. Ron Wyden of Oregon.Read More
Short Takes: Fannie Selling $250 Million of NPLs? / Vericrest Names New CEO / Consumers Get a ‘Free Lunch’ of Lower Rates / LLPAs Not Going Away Soon March 7, 2013 George Brooks, Paul Muolo, Thomas Ressler, and Charles Wisniowski Fannie Mae is about to offer $250 million of nonperforming mortgages for sale in the secondary market.Read More
California Remains the ‘Golden State’ for GSE MBS March 6, 2013 Charles Wisniowski Loans funded in California continue to dominate Fannie Mae and Freddie Mac purchases and MBS, according to a new analysis from Inside The GSEs.Read More
DeMarco Promises to Update the GSE’s Master Plan for Mortgage Insurance, Force-Placed Policies March 5, 2013 Charles Wisniowski FHFA director Ed DeMarco is promising that changes are coming to how the GSEs use mortgage insurance and force-placed insurance.Read More
Freddie Will Expand Financing Options to Move REO March 4, 2013 Charles Wisniowski Freddie Mac wants to move more REO properties and plans to expand out its stable of financial options and lenders.Read More
Freddie Mac Earns $4.5 Billion, Best Showing in Post-Conservatorship February 28, 2013 Charles Wisniowski Freddie Mac hit an earnings home run in the fourth quarter, a sign that the GSE is "back." Fannie Mae may report early next week.Read More
Short Takes: Lenders Will Do Battle Over G-Fees / Will PennyMac Buy Ally’s MSRs? / MGIC is a “Buy” / Radian Taps the Equities Market February 26, 2013 Paul Muolo and Charles Wisniowski Mortgage bankers are promising to wage war over any new guaranty fee hikes that are used for non-residential projects.Read More