IMFnews

January 4, 2018

View Archived Issues

Surprise: In 4Q17, GSE MBS Issuance Actually Increased

Fact: Fannie and Freddie securitized more purchase-money mortgages in 2017 – $472.77 billion – than in any year since 2007. Read More

GOP Tax Bill Will Boost GSE Earnings by $3 Billion. However…

And now for the bad news: The lower corporate tax rate will force Fannie and Freddie to write down the value of their deferred tax assets by $15.3 billion… Read More

Redwood Set to Issue First Prime Jumbo MBS Deal of the Year

Clayton reviewed 481 mortgages that are slated for securitization… Read More

Incenter Out with Another MSR Offering, This One for $3 Billion

The delinquency rate on the MSR portfolio is 1.02 percent... Read More

Angel Oak Raises Almost $300 Million for Non-QM Investments

Angel Oak has securitized $850 million of non-QM loans since 2015. Read More

Short Takes: Senate GSE Bill Due Out This Month? / But Will it Pass? / The Unstoppable LendingTree / Mortgages and the Weed Trade? / Hamilton Hires Former Wells-JPM-Freddie Exec to be CEO

When Fannie and Freddie request a fresh draw of taxpayer funds from Treasury to deal with their DTA "problem," it will poison the well for conservative Republicans... Read More