Coronavirus Impact
Coronavirus Impact
Although Fannie Mae and Freddie Mac are currently equipped to handle an uptick in delinquencies, the mortgage giants are less prepared to do so over the long term, Calabria said.

Mark Calabria said Fannie Mae and Freddie Mac are currently equipped to handle elevated delinquencies, but they might need congressional or Federal Reserve help if fallout from the coronavirus persists.

March 19
1 Min Read
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The credit watch involves single-borrower securitizations of commercial mortgages for high-priced resorts in Florida and Hawaii.

March 19
1 Min Read

Oaktree Capital Management LLC is planning a new distressed debt fund as recent credit market turmoil throws up investment opportunities.

March 19
1 Min Read

While collapsing market prices do not present immediate worries for CLO managers, the prospect of future downgrades and defaults becomes more problematic.

March 19
2 Min Read
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Benefits Think

Employees are likely experiencing information overload right now, and unfortunately, not all of the content is valid.

March 19
3 Min Read
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Although its share price has plunged alongside other mortgage REIT players during the coronavirus crisis, Chimera Investment Corp. (NYSE: CIM) this month is offering a vote in confidence in itself and its market.

March 19
2 Min Read

The bill provides paid sick leave, aid to states and food assistance.

March 18
5 Min Read
“We are delaying the opening of ... [the] comment period until we have some certainty on what the current overall situation is,” said FHFA Director Mark Calabria.

FHFA Director Mark Calabria said the health crisis will complicate the release of a proposal establishing new capital requirements for Fannie Mae and Freddie Mac.

March 18
2 Min Read
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