The GSE has revealed the winning bidder for its thirteenth Community Impact Pool of non-performing loans, totalling nearly $130 million. Here are the details.
Read More »The Future of Credit Risk Transfers
Rising interest rates and declining volumes leave the GSEs with little room to expand their credit risk transfer transactions. However, CRTs may have room to grow elsewhere in the market.
Read More »Trump Administration Sets Forth Plan to End GSE Conservatorship
In a report released by the Executive Office of the President, the administration recommended significant changes to Fannie Mae and Freddie Mac, including ending their conservatorship and reducing the role of the GSEs in the market.
Read More »Ginnie Mae Mortgage-Backed Securities Issuance Approaches Milestone
The Government National Mortgage Association has released an update on its issuance and outstanding unpaid balances of mortgage-backed securities. Click through to learn more about the state of Ginnie Mae's MBS issuance.
Read More »Redirecting Default Risk Away From Taxpayers
Two industry experts talk GSEs, CRTs, and guarantee fees and why shifting mortgage default risk from taxpayers to investors is a very good thing, including helping shield taxpayers from a dire financial crisis more onerous than ’08.
Read More »United Fidelity Funding Recruits National Wholesale Account Executive
As the National Wholesale Account Executive, Dunn will be working with a team of mortgage professionals to increase UFFWest's presence in the market.
Read More »FHFA Addresses GSEs’ Slimdown
Just how many non-performing loans have the GSEs sold off in their ongoing drive to shift credit risk into the private sector? Here's what the FHFA had to say.
Read More »Freddie Mac Announces Securitization of Reperforming Loans
The GSE’s second Seasoned Credit Risk Transfer Trust offering of 2018 has been priced at approximately $1.6 billion. Click through for the details.
Read More »Ginnie Mae Announces Changes to VA Refis
The new changes announced by Ginnie Mae are meant to protect veterans from predatory loan practices and ensure fair lending.
Read More »Goldman Sachs Mortgage Relief Settlement Actions Near $1B
Goldman Sachs is approaching the billion-dollar mark for mandated consumer-relief actions stemming from two mortgage-related settlement agreements with the U.S. Department of Justice and three states. Professor Eric D. Green, who serves as independent Monitor for the company’s consumer-relief agreements, ...
Read More »