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MReport March 2019

TheMReport — News and strategies for the evolving mortgage marketplace.

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64 | TH E M R EP O RT FINAL THOUGHTS Measuring the Market From GSE reform to flood insurance, here's what had the industry talking. "our sweet spot" Jeffrey Hayward, EVP, Multifamily Business, Fannie Mae, outlining why the FHFA's "Duty to Serve" plan plays to the agency's twin goals of promoting affordable housing and helping underserved markets. "dominant influence" Collateral Analytics' research paper "Residential Mortgage Default Forecasting: How Much Do Price Trends Matter?" on the interrelation between falling home prices and mortgage default rates. "the last piece" Eric Kaplan, Director of Housing Finance Policy at the Milken Institute Center for Financial Markets, detailing proposed GSE reforms that could pave the way for bipartisan legislation to end their conservatorship. "existential threat" The state government of California, detailing its reasons for filing a lawsuit against the city of Huntington Beach for failing to comply with state housing laws designed to increase the supply of affordable homes. "backing off" Redfin Chief Economist Daryl Fairweather on the sharp decline of new home sales during the last two months of 2018.

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