February 2019

Thursday February 21 2019

RESPA News: NAR to Senate: Confirm Calabria to lead FHFA

Greensboro News & Record: Our Opinion: A sad exit for Mel Watt

In the Defense of Hedge Funds

Wednesday February 20 2019

American Banker: White House is making hard job of GSE reform even harder

Mortgage Solutions: Donald Trump prepares to privatise Fannie Mae and Freddie Mac

 Seeking Alpha: Counting Down To Fannie/Freddie Plan

Benzinga: Dick Bove: Calabria Will ‘Probably Seek Little’ For Fannie And Freddie Common Shareholders

Winston-Salem Journal: Our view: Goodbye, Watt

Scotsman Guide: GSEs see solid growth in annual income

Tuesday February 19 2019

Housing Wire: FHFA report declares former Director Mel Watt guilty of sexual misconduct

National Mortgage Professional: FHFA OIG Report Criticizes Watt on Sexual Harassment Issue

Mortgage Orb: OIG Report Finds that Former FHFA Director Watt Acted Inappropriately

Bill Maloni’s GSE Blog: Will MC present a big GSE present bought/wrapped by another??

Monday February 18 2019

New York Post: Watch out: Trump may free Fannie Mae, Freddie Mac to bring another mortgage mess

Dodd Frank Update: Calabria talks GSE reform, past FHFA views during hearing

Housing Wire: Calabria to Senate: Don’t expect any changes to GSE multifamily business

Wall Street Journal: Report Faults Former Housing-Finance Regulator Mel Watt

Politico: Inspector General finds Watt misused office in misconduct case

Washington Post: Mel Watt attempted to ‘coerce’ relationship with employee while FHFA director, IG report say

The Hill: Watchdog: Former Rep. Mel Watt attempted to ‘coerce’ employee into relationship

Multi Housing News: GSEs Sticking to Their Mission in Flat 2019

Friday February 15 2019

Real Deal: Trump admin considers sidestepping Congress to overhaul Fannie and Freddie

National Mortgage News: 5 questions facing Fannie Mae and Freddie Mac in 2019

Bloomberg Law: Fannie-Freddie Watchdog Pick Urges Overhaul to Avoid Losses (2)

American Banker: Reform of Fannie, Freddie should fall to Congress: FHFA nominee

Law 360: FHFA Nominee Backs 30-Year Mortgage, Broader Reform

National Association of Realtors: Realtors® Urge Confirmation of Mark Calabria to FHFA

 The M Report: Calabria: Committed to Making FHFA a “World-Class Regulator”

Housing Wire: Democrats question FHFA nominee Calabria’s commitment to affordable housing

The Hill: The next two years of federal housing policy could be positive under Mark Calabria

Scotsman Guide: Calabria talks GSE reform, 30-year mortgages at Senate hearing

DS News: Fannie Mae and Freddie Mac Check-in for Q4

Market Watch: Solid Fannie-Freddie earnings are a foundation for mortgage giants’ next act

Market Watch: Fannie and Freddie stock moves may be insider trading, watchdog groups suggest

Seeking Alpha: Fannie Mae sees paying Treasury $3.2B dividend in Q1

Bill Maloni’s GSE Blog: Too many chefs spoil the (GSE) soup…

Thursday February 14 2019

Financial Times: Trump eyes bypassing Congress to privatise Fannie and Freddie

Scotsman Guide: Q&A: NAR exec talks GSE reform vision

Wall Street Journal: Trump Nominee to Face Questions on Future of 30-Year Mortgages

Bloomberg Law: Fannie-Freddie Fates in Focus as Watchdog Pick Gets Hearing

American Banker: 5 things to watch at FHFA nominee’s Senate hearing

Fannie Mae: Fannie Mae Reports Net Income of $16.0 Billion and Comprehensive Income of $15.6 Billion for 2018

Wednesday February 13 2019

National Association of Realtors: ICYMI: Realtors® Lead Marquee Industry Event on Fannie Mae, Freddie Mac Reform

Chicago Agent Magazine: NAR releases proposal for Fannie, Freddie reform

Value Walk: Top Hedge Fund Bets On Fannie Mae Preferred Stock Making Dough

Tuesday February 12 2019

Mortgage Orb: NAR Introduces Plan to Re-Charter GSEs as ‘Publicly Regulated Private Utilities’

CUNA: CUNA witness testifies this week, as do NCUA, FHFA nominees

Fannie Mae: Fannie Mae Announces Scheduled Release of Fourth Quarter and Full Year 2018 Financial Results

Howard on Mortgage Finance: A Three-Year Retrospective (dated February 7 2019)

Bill Maloni’s GSE Blog: Welcome Back Dick Bove…with his strong GSE stock review

Monday February 11 2019

Washington Examiner: Privatize Freddie Mac and Fannie Mae

DS News: A New Vision for Housing Finance Reform

Multi-Housing News: How Privatizing GSEs Could Impact the Multifamily Market

Mortgage News Daily: NAR’s Proposal to Restructure Fannie/Freddie

DS News: The Week Ahead: Getting to Know FHFA Nom Mark Calabria

Friday February 8 2019

RIS Media: GSE Reform: Execs From Financing, Housing Industries Meet in Washington

Commercial Observer: Fannie Mae Raises Small-Balance Limit, Facing Down Freddie Mac, Banks

The M Report: Fannie Mae: Homebuyers Hopeful on Affordability

Mortgage News Daily: Housing Sentiment May Be Bouncing Back

Reuters: U.S. 30-year mortgage rates hit 10-month low – Freddie Mac

Housing Wire: Freddie Mac: Mortgage rates hit 10-month low

Bloomberg: Fannie-Freddie Watchdog Gets More Cautious on Firms’ Release

American Banker: FHFA nominee to testify before Senate panel next week 

American Banker: Otting hopes for joint CRA rule, but says OCC could go it alone

Thursday February 7 2019

American Banker: Will Trump’s call for unity lead to bipartisan GSE reform?

Housing Wire: Fannie Mae: Tech companies threaten to edge banks out of the mortgage market

Multi-housing News: Fannie Mae Boosts Small Loan Limit for Multifamily Market

National Mortgage News: Senior housing inertia is growing with more aging in place

Law360: 2nd Circ. Affirms Dismissal Of US Bank’s Untimely RMBS Suit

Roll Call: Housing finance agency confirmation hearing could involve dueling mortgage plans

Wednesday February 6 2019

American Banker: Will GSE reform come from the White House, Congress … or both?

The Wall Street Journal: Senate Panel Eyes Nomination of Fannie, Freddie Overseer Next Week

National Mortgage News: Tech companies seen as banks’ competitors for mortgages: Fannie Mae

National Mortgage Professional Magazine: Fannie Mae Increases Multifamily Small Loan Limit

Seeking Alpha: Senate set to hear from Fannie, Freddie overseer next week: WSJ

DS News: Fannie Mae Survey: Big Banks vs. Big Tech

M Report: Could Big Tech Compete With Banks for Homebuyers’ Business?

Tuesday February 5 2019

The Washington Post: Could this Congress and White House actually legislate a solution to Fannie Mae and Freddie Mac? Maybe.

American Banker: GSE reform, CFPB underwriting rule are on collision course

Seeking Alpha: Time To Get Reform Done With Fannie And Freddie

SF Gate: Congress and White House could find solution to Fannie Mae and Freddie Mac

Bloomberg: Fannie-Freddie Overhaul Plan in Senate Falls Flat on Wall Street

Scotsman Guide: Senate Republicans float Fannie/Freddie exit plan

Mortgage Professional America: Housing finance reforms welcomed by real estate industry

Housing Wire: Fannie Mae doubles multifamily small loan limit

Seeking Alpha: Fannie boosts small loan limit for the multifamily market

CNBC: Former Fannie Mae CEO on the fate of Fannie and Freddie

Market Place: There’s yet another proposal to get the government out of the mortgage-guarantee business

American Action Forum: On the Constitutionality of the FHFA and the CFPB

Mortgage Professional America: FHFA appoints White House special assistant as chief of staff

Monday February 4 2019

Investors Unite: Top Ten Takeaways from 5th Circuit Hearing in Collins v. Mnuchin

American Banker: BankThink Changes to capital rules should be part of GSE overhaul 

IMF News: Another Record Year for GSE Credit-Risk Transfers

IMF News: Sen. Crapo Releases GSE Reform Outline. Is it DOA?

Santa Fe New Mexican: Loan limits just went up

Union Bulletin: US average mortgage rates edge up; 30-year at 4.46 percent

The Post Journal: US Mortgage Rates Edge Up

CNBC: Rep. Maxine Waters vows to keep her door open to hear from bankers – even as she takes on Wall Street

Credit Union Times: FHFA Proposal Would Lock Credit Unions Out of Key Program: Trades

The Wall Street Journal: Senator Unveils Plan to End Government Control of Fannie, Freddie

Bloomberg: Fannie-Freddie Would Go Private in Senate Republican’s Plan

ABA Banking Journal: Crapo Unveils Plan for Housing Finance Reform

Reuters: Senate housing finance reform outline would privatize Fannie, Freddie

The Chicago Tribune: Senate Republican’s plan would privatize mortgage giants Fannie Mae, Freddie Mac 

Market Watch: Key Senate Republican outlines Fannie Mae, Freddie Mac privatization plan

The Washington Post: Republicans want mortgage giants Fannie Mae, Freddie Mac to be private companies again 

Washington Examiner: Banking chairman Mike Crapo proposes overhaul of Fannie Mae and Freddie Mac

Housing Wire: Congress to consider proposal to privatize Fannie Mae, Freddie Mac

Daily Messenger: Guest View: It’s time for resolution on Fannie and Freddie

American Banker: Crapo shakes up GSE reform with housing finance plan of his own 

M Report: Crapo: “Fix Our Flawed Housing Finance System”

Mortgage News Daily: Here We Go Again on Housing Reform. Is This Time Any Different?

National Mortgage Professional Magazine: Sen. Crapo Introduces GSE Privatization Plan

Bill Maloni’s GSE Blog: Count the ways Crapo 2.0 is DOA

Friday February 1 2019

Bloomberg Law: Fannie-Freddie Regulator Now Welcomes Lawmaker Input on Revamp

Futurity: How Government Programs Could Boost Recovery After Financial Crisis

Housing Wire: Freddie Mac: Mortgage rates creep forward

Law 360: Acting FHFA Head Spares Details On Plans In Reply To Dems

Housing Wire: FHFA names new chief of staff

National Mortgage Professional Magazine: FHFA Names John Roscoe as Chief of Staff