Cart

Inside The GSEs

March 23, 2011

View Archived Issues

IG Eyes FHFA’s Exit Strategy for FNM, FRE

The Office of Inspector General of the Federal Housing Finance Agency has initiated a number of audits, examinations and surveys within the last six months, including an inspection of the FHFA’s strategy for removing Fannie Mae and Freddie Mac from conservatorship, Inside The GSEs has learned. To help facilitate... Read More

An FHLBank Covered Bond Possible, But Iffy

The consensus of analysts informally surveyed by Inside The GSEs is that the Federal Home Loan Banks theoretically could participate in a covered bond issuance – setting aside their historical opposition, just for the sake of discussion – but the economics of doing so just wouldn’t make... Read More

GSE Business Underwriting Continues to Tighten

The leading financial institutions that provide mortgage loans eligible to be sold to Fannie Mae and Freddie Mac continued to gradually tighten their underwriting and incrementally increase the quality of their business in the fourth quarter of 2010, according to the latest data from the Inside Mortgage Finance MBS Database. As refinance mortgages became...[Includes one data chart] Read More

Bill Would End Conservatorships, Wind Down GSEs

Two Republicans in the House Financial Services Committee have introduced legislation that would establish a definite shelf life for Uncle Sam’s stewardship of Fannie Mae and Freddie Mac, lay out the processes for winding down and dissolving the two GSEs, and provide... Read More

GSE Loans May Face Risk Retention Requirement

Investors in GSE mortgage-backed securities are still antsy after top administration officials were vague when pressed by lawmakers on the question of whether mortgages sold to Fannie Mae and Freddie Mac would be exempt from the risk-retention requirements still under development, suggesting they wouldn’t be... Read More

FHLBank Advances Continued Their Tumble in 4Q10

The advance business of the 12 Federal Home Loan Banks continued to shrink again in the fourth quarter of 2010, dropping 24.2 percent from the previous year to $478.59 billion, according to preliminary figures released by the FHLBank Office of Finance. The decline came...[Includes one data chart] Read More

News in Brief

Atlanta FHLBank Names Malmberg Its New Chief Financial OfficerThe Federal Home Loan Bank of Atlanta recently appointed Kirk Malmberg its new chief financial officer, replacing Steven Goldstein, who will retire effective March 31, 2011. Malmberg most recently has been the Bank’s chief credit officer, a position he has held... Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results