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Both in terms of interest expense and the sheer cost of dealing with consumers, the mortgage industry is out hundreds of millions of dollars due to this unfunded mandate from Congress, analyst Chris Whalen says.
February 16 -
If new housing policy initiatives are not adopted by Congress, the Biden Administration may seek to push the GSEs into receivership, which would damage the conventional market, columnist and analyst Chris Whalen says.
January 25 -
How we resolve millions of delinquent mortgages due to COVID is the only question that matters.
October 30 -
This proposed Libor replacement is an imaginary, backward-looking benchmark dreamed up by the economists at the Fed with no discernible market.
September 2 -
Will the runoff of MSRs leave a hole in the capital of the mortgage finance industry?
June 25
