March 27, 2020By John BancroftCoronavirus Casts Huge Shadow on GSE BusinessStates with shelter-in-place orders accounted for 75% of the single-family home loans securitized by Fannie and Freddie last year, and 81% of jobless claims filed last week. (Includes data chart.)
March 27, 2020By Dennis HollierWe’ve Got Two Months to Fix This: CalabriaIf the coronavirus crisis goes on for more than six to eight weeks, FHFA Director Mark Calabria sees mortgage servicers under “a lot of stress.”
March 27, 2020By Dennis HollierGSEs and the Dollar Roll Shuffle (Also Happened)The Federal Housing Finance Agency this week temporarily allowed Fannie and Freddie to finance mortgage-backed securities.