Fannie Mae and Freddie Mac investors are underestimating the chances of a public market re-entry from the mortgage giants after a lull in chatter around the names, according to Mizuho’s Dan Dolev. Processing Content Dolev initiated both companies this week with buy ratings, citing a base case assuming a 30% chance that Fannie will exit […]
Fannie, Freddie’s latest bull says traders underpricing IPO odds Read More »
Key insight: The U.S. added 115,000 jobs in April while unemployment held steady at 4.3%. Supporting data: Newly unemployed workers rose by 358,000 in April to 2.5 million. Forward look: The report could complicate an already divided Federal Reserve as it considers whether to combat inflation spurred by geopolitical risks or foster employment by cutting
Economy added 115,000 jobs in April despite mixed signals Read More »
The mortgage industry is very good at watching signals. We watch rates like hawks. We track consumer sentiment all day long. We buy tools to tell us when to lock, when to float, when to sell, when to hedge and when to blink. We invest in technology to improve speed, accuracy and workflow. We spend
Innovation through Mortgage Advocacy: Stop Treating Policy like Background Noise Read More »