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Home » Authors » Carisa Chappell

Articles by Carisa Chappell

A Blowout 4Q16 Profit for Fannie Mae: $5 Billion; $3.9 Billion in Gains from Derivatives

February 17, 2017
Carisa Chappell and Paul Muolo
In a conference call with reporters Friday morning, Fannie CEO Tim Mayopoulos noted: “While we expect to remain profitable on an annual basis for the foreseeable future, due to our declining and limited capital reserves and the potential for significant volatility in our financial results, we could experience a net worth deficit in a future quarter.”
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Fannie Mae Has a Blowout 4Q16: Net Profit Hits $5 Billion; A Perfectly Good Storm?

February 17, 2017
Carisa Chappell and Paul Muolo
Fannie Mae CEO Timothy Mayopoulos is setting the table for challenging times ahead, issuing caution about the GSE’s dwindling capital position…
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Short Takes: What Does Bruce Berkowitz Think? / Freddie Exploring SFR Market / BB&T Building New Servicing Center / CoreLogic CEO on Medical Leave / loanDepot Executive Jumps Ship for Wisconsin Lender

February 16, 2017
Carisa Chappell and Paul Muolo
While most banks are running away from the business of servicing home mortgages, BB&T appears to like the space...
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MBA’s New GSE Plan Looks a Little Like Its Old Plan; Slams Door on ‘Recap and Release’

January 31, 2017
Carisa Chappell and Paul Muolo
The trade group’s blueprint also throws cold water on any piecemeal “recap and release” plan for Fannie and Freddie.
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Short Takes: Still Standing: CFPB Director Cordray / PHH Fights Back (Again) / New Residential’s Ocwen-Related ABS / GSE Legal Update / LenderLive Hires New Sales Executive

January 31, 2017
Carisa Chappell, Brandon Ivey, Paul Muolo, and Thomas Ressler
"The legal challenges [to firing Cordray] must be very legitimate or they would have tossed him by now," said one industry official...
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Short Takes: The No. 2 at HUD Will Be… / Carson’s Advisors / Mnuchin Says His Goal was to Modify Mortgages / The Roots of OneWest: Countrywide / Flagstar Names Whip to its Board

January 19, 2017
Carisa Chappell and Paul Muolo
Early in its existence, IndyMac was a nonbank and had been grub-staked by Countrywide Financial...
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Treasury Nominee Mnuchin Shoots Down GSE ‘Recap and Release’ Concept

January 19, 2017
Carisa Chappell
In general, the Treasury nominee said his goal is to find a “bipartisan solution” to Fannie and Freddie...
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Real Estate Investors Get Invited to Fannie Mae Meeting. The Topic: SFR Loans

January 18, 2017
Carisa Chappell
The invitation to the SFR meeting provided some hope to real estate investors, who have a hard time obtaining financing...
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FHFA to Step Up Pressure on Fannie and Freddie to Manage Nonbank Servicer Risks

January 12, 2017
Carisa Chappell
The new FHFA IG report is heavily redacted…
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Short Takes: FHA Premium Cut Has Negative Impact on MI Stocks / Carson Should Expect a Lot of Questions on the MIP / Of Mortgages and Brains / FHLBs Get More Flexibility on Collateral

January 9, 2017
Carisa Chappell and Paul Muolo
Mortgage insurance stocks aren't have a good day. Blame the FHA MIP cut?
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