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Volume 2018 - Number 33

September 7, 2018

GSE Shareholders Lose Again. FHFA Moves to Dismiss and Put an End to Amended Cases

Fannie Mae and Freddie Mac shareholders ran into another roadblock late last month when the Eighth Circuit Court ruled that the Treasury’s net worth sweep of profits earned by the government-sponsored enterprises may not be fair, but it’s perfectly legal.

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.

 

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Poll

Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.

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Time for a change. Borrowers are different today.

35%

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