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May 2, 2014

What We’re Hearing: Yes, FHFA Can End the GSE Conservatorships / Are ‘Liar’ Loans Staging a Comeback Thanks to a CFPB Loophole? / Ellie Mae’s Explanation on Tech Snafu Lacking / At Least Ellie is Hiring / FHFA Approves MSR Deal After IMFnews Publishes Story

By Paul Muolo

Did someone in the mortgage industry actually ask one of the GSEs recently to increase the 25 basis point servicing fee that it pays to residential servicers?

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Poll

Over the next six months we plan to hire this many more additional loan officers:

1 to 10 (We're being careful.)
11 to 30 (We're optimistic.)
More than 30 (We're in a growth mode as the banks get out.)
We're cutting back. (Are you nuts? It's ugly out there.)

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