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Home » Authors » Carisa Chappell

Carisa Chappell

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ARTICLES

CHLA Demands FHFA Correct MI Pricing Disparities, End Volume Discounts

May 17, 2018
Carisa Chappell
cchappell@imfpubs.com The Community Home Lenders Association wrote the Federal Housing Finance Agency Thursday morning asking Director Mel Watt to investigate and put an end to mortgage insurers offering better prices to lenders based on their size or volume when it comes to government-sponsored enterprise loans. MI pricing disparities have become more prevalent and the CHLA said it’s caused a growing concern among their members because it puts small lenders and their borrowers at a disadvantage.  As a…
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New York Fed Suggests Examining Danish Mortgage Finance System for Reform Ideas

May 17, 2018
Carisa Chappell
The Federal Reserve Bank of New York said as the U.S. considers reforming the housing-finance system it should take a look at what can be learned from other countries, in particular, Denmark.
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FHFA Language Access Plan Clarifies Concerns, Creates Questions

May 17, 2018
Carisa Chappell
By the end of this year, Fannie Mae and Freddie Mac plan to create a clearinghouse of resources such as translated mortgage documents to help borrowers who have a limited proficiency of English.
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Short Takes: Goldman’s Consumer-Relief Obligations at $1B/Lending in the Gig Economy/New Construction Drops/Low Credit Score Buyers Pay A lot More

May 17, 2018
Carisa Chappell
Goldman Sachs is approaching $1 billion in credit towards reaching a $1.8 billion consumer-relief obligation under two mortgage-related settlement agreements with the Department of Justice and three states, including New York, Illinois and California.
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Short Takes: USMI Seconds that GSE Emotion / Don’t Hold Your Breath / Mid America Enters the Warehouse Arena / Fannie Selling NPLs / A Recession Coming? / Freddie Gets a New Chief Compliance Officer

May 15, 2018
Carisa Chappell and Paul Muolo
Barry Habib, who heads MBS Highway, believe that within two years, the U.S. will be in a recession...
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Fannie: Appraisals Still Needed Despite Technological Advances

May 14, 2018
Carisa Chappell
Fannie Mae's Renee Schultz said the decision to offer property inspection waivers is probably the longest running pilot the GSE has ever had…
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Arch Capital CEO Defends IMAGIN Pilot Program

May 7, 2018
Carisa Chappell
The MI executive said there are a number of misconceptions about the program…
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Fannie Mae Has a Blowout 1Q18, Will Make a $938M Dividend Payment to Treasury

May 3, 2018
Carisa Chappell and Paul Muolo
Come June, Fannie Mae will cut a new dividend check to Uncle Sam...
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Price War on GSE Guarantee Fees Ended in Early 2018 in Response to FHFA Directive…

May 3, 2018
John Bancroft and Carisa Chappell
Freddie CEO Donald Layton told Inside MBS & ABS that implementation of the FHFA directive “has largely been complete.”
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Freddie CEO Don Layton Weighs in on IMAGIN Pilot Program

May 1, 2018
Carisa Chappell
Early on, research firm B. Riley FBR described IMAGIN as “an offshore structure [that] could enable a lower price.”
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