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February 21, 2014

What We’re Hearing: Nonbank Servicers Get No Respect / Fannie Mae CEO Doesn’t Fear Nonbanks / Freddie Did It First / Ocwen’s Interesting New Bond Deal / Mortgage Vendor About to Announce a Huge Purchase?

By Paul Muolo

Although some regulators have anxiety problems with nonbank servicers, Fannie Mae apparently does not. Meanwhile, a large mortgage vendor M&A deal could be revealed late Friday.

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Poll

Home-equity lending is beginning to show new life. My company (pick one):

Plans to enter this market over the next 12 months.
Is already making home equity loans and hopes to increase the offerings.
Is in the market but don’t expect much growth.
Is not making second liens and has no plans to do so.

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