The group's proposals, in response to the FHFA's Request for Input, discusses the best practices for building better alignment and streamlining lender pools.
Read More »Radian Announces Sale of Clayton Services to Covius
According to Radian, approximately 550 employees supporting Clayton Services will join the Covius team.
Read More »Former Freddie Mac CEO on Limiting GSE Risk Exposure
In the first of a series of papers, Don Layton discusses Fannie Mae and Freddie Mac’s credit risk transfer programs and why they are critical to a sustainable system of American homeownership.
Read More »How Fannie Mae’s Connecticut Avenue Offerings Cut Credit Risk
In addition to sharing credit risk on Fannie Mae's single-family conventional guaranty book of business, the latest CAS transaction is one of several ways the GSEs are promoting liquidity.
Read More »FHFA: PACE Loans a Threat to GSEs?
The FHFA's request for input is examining the challenges PACE loans may present toward Fannie Mae and Freddie Mac when it comes to first-lien priority.
Read More »Fannie Mae CAS Deals Receive NAIC Designations
Here are the CAS bonds which received upgraded NAIC Designations in the 2019 filing year. CAS REMIC transactions are issued out of a bankruptcy remote trust, rather than as direct debt of Fannie Mae.
Read More »Fitch Identifies High Diligence in RMBS
Fitch Rating's latest Diligence Market Update includes an updated list 'Acceptable' TPR firms along with newly released tiers.
Read More »Fed Mortgage-Backed Securities Update: To Sell or Not?
Between December 19 and December 24, the Federal Reserve bought $825 million of agency mortgage-backed securities. Here's what they sold and what they kept.
Read More »Fitch Ratings: SALT Deductions Stalling Growth and RMBS
Here's how the 2017 Tax Cuts and Jobs Act, which limits state and local tax (SALT) deductions and reduces the amount of housing debt eligible for interest deduction, may have exacerbated slowing home price growth in certain areas.
Read More »New York’s Battle Against Zombie Homes
Click through to read how new legislation will give more power to local municipalities when dealing with distressed properties.
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