Fannie Mae makes more information available for risk-sharing investors | 2017-12-28

Investors of different shapes and sizes seem to be flocking to the risk-sharing deals from Fannie Mae and Freddie Mac. A recent report suggested that the government-sponsored enterprises’ risk-sharing deals will be a big target for investors in 2018. In order to provide investors with as much detail as possible, Fannie Mae announced this week…

Fannie and Freddie regain capital reserves; withhold billions from Treasury | 2017-12-29

It’s official. Fannie Mae and Freddie Mac have capital reserves again. As expected, the government-sponsored enterprises on Friday made their quarterly dividend payments to the Department of the Treasury. But, thanks to the new agreement between the Federal Housing Finance Agency and the Treasury, each of the GSEs withheld billions from the Treasury to ensure…

Monday Morning Cup Of Coffee: Mulvaney’s CFPB losing interest in payday lenders? | 2018-03-26

Monday Morning Cup of Coffee takes a look at news coming across the HousingWire weekend desk with more coverage to come on bigger issues. The Consumer Financial Protection Bureau’s acting director, Mick Mulvaney, has stopped the agency’s pursuit to sue a payday lender and is mulling over dropping the cases against three more payday lenders,…

S&P: Mortgage bond issuance doubled in 2017, will continue rising in 2018 | 2018-01-03

Back in June, Standard & Poor’s Global Ratings said that 2017 was on track to be the best year for the residential mortgage-backed security market since 2013. Now that the final numbers are in, it looks like 2017’s mortgage bond issuance exceeded even the sunniest of forecasts. S&P’s original 2017 forecast for RMBS-related issuance, which…

Angel Oak raises nearly $300 million to invest in non-QM lending | 2018-01-04

It appears that private capital’s interest in mortgages that don’t fit into the Qualified Mortgage box is growing. Angel Oak Capital Advisors, an investment management firm that specializes in mortgage credit, announced this week that it raised nearly $300 million to invest in non-QM lending. Specifically, the company raised $291 million in capital commitments for…

Caliber Home Loans launches app suite | 2018-03-12

On Monday, Caliber Home Loans announced the launch of a new mobile platform. The platform features three mobile phone apps customized for its three user groups – borrowers, Caliber’s sales force and business associates. The apps enable its user groups to receive real-time information. Caliber processes data from all three apps on the back end, which…