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Home » Authors » Carisa Chappell

Articles by Carisa Chappell

GSEs Face Challenges and Risks, FHFA Report Shows

June 22, 2015
Carisa Chappell
Fannie Mae and Freddie Mac have made progress in improving their corporate governance structure and managing credit risk, but they still face significant headwinds, according to the FHFA’s annual report to Congress.
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Fannie Mae Planning a Dallas Downsize

June 22, 2015
Carisa Chappell
Fannie Mae is looking to reduce its footprint in the Dallas region as the number of mortgage delinquencies continues to decline. The GSE’s southwestern regional office at the International Plaza II includes more than 400,000 square feet of office space spread out among three buildings.
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Treasury Downplays Talk of Ending GSEs’ Conservatorship, Reiterates Support for Reform

June 18, 2015
Carisa Chappell
Lew said it’s not the right time to talk about ending the GSEs’ conservatorship and paying dividends.
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Abacus Federal Acquitted of Selling Bad Mortgages to Fannie Mae

June 12, 2015
Carisa Chappell
Following a four-month trial and nine days of deliberations, a New York jury acquitted Abacus and two of its senior officers...
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Senators Seek Clearer Credit Risk- Sharing Plan for Fannie and Freddie

June 11, 2015
Carisa Chappell
The six, including Sen. Mark Warner, D-VA, and Mike Crapo, R-ID, are seeking additional information on such things as the role mortgage insurers play in credit risk...
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Short Takes: The 10-Year is Yielding What? / Net Branches Seeking Better Opportunities? / Mortgage Armageddon Will Arrive Any Moment / One Nonbank’s MSR Offerings / Bill Addresses an Old Issue: Eminent Domain

June 11, 2015
Carisa Chappell and Paul Muolo
One problem with the (latest) refi boom ending is that some loan officers working at net branches start getting nervous and begin seeking better product menus elsewhere...
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Short Takes: RoundPoint Sale Update / MSR Prices Firm Up / More on that Departing Nationstar Executive / Morningstar Joins the Jumbo Party / A New CEO for Auction.com

June 9, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
One of the departing executives at Nationstar Mortgage used to work at JPMorgan Chase, Fannie Mae and Macquarie Bank…
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Short Takes: Home-Equity Layoffs at BofA / BofA, Number Two in Seconds / Ditech Continues to Hire / Another GSE PSPA Lawsuit / HUD Goes to USC

June 8, 2015
Carisa Chappell and Paul Muolo
According to exclusive figures compiled by Inside Mortgage Finance, BofA is the second largest player in second liens at $139.1 billion in holdings.
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Lone Star Funds Winning Bidder on Freddie Mac NPL Deal

May 27, 2015
Carisa Chappell
Although Freddie Mac did not disclose the exact purchase price, it said the cover bid was in "the mid 70s of UPB..."
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Short Takes: President of Large Nonbank Out the Door? / Ocwen Selling Nonperforming MSRs / Clean is Good / More Ginnie Issuance by the FHLBs / A New Tool From Economists at the FHFA / WJB Hires New CIO

May 14, 2015
Carisa Chappell and Paul Muolo
In a recent 10-K filing Ocwen disclosed that on April 30, 2015 it announced agreements with the GSEs to sell portfolios of non-performing loan servicing rights.
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