Reverse Engineering Finance

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Post OBBB: What's next for the SAVE plan student loan borrowers?
Plus maps of where the mortgagors with SAVE plan student loans are located
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John Comiskey
June VA Delinquency and VASP Update
No paywall on this post
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John Comiskey
June FHA MBS Report
The expected spike in delinquencies materialized
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John Comiskey
Post Debt Ceiling Total Treasury Model Update
Time to refill that TGA
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John Comiskey
1
Where are the Investment Mortgages?
Full interactive maps available to all in this post.
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John Comiskey
3
Where are the FHAs where the loan amount exceeds the current value?
I calculate that there are ~145,000 FHA mortgages where more is owed on the loan than the current value of the property.
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John Comiskey
1
How Freddie Mac and Fannie Mae loans distribute by Census Tract
Very Different from FHA
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John Comiskey

June 2025

Granular maps of 2024 vintage FHA originations
2024 HMDA data is out now
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John Comiskey
Granular maps of where the FHA Loans (and delinquent ones) are located
Granular to the census tract
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John Comiskey
1
Is there a surprise brewing with the X-date?
Total Treasury Model mid June update
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John Comiskey
May FHA MBS Data report
May typically is the month where delinquency rates start the pivot from seasonally improving a bit (bonus and tax refund season) to deteriorating…
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John Comiskey
The Full Intersection between student loans and mortgage
Paid Subscriber Only Post through Thursday (Thank you for your continued support)
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John Comiskey
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