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Trade Groups Seek Changes to LO Compensation Rule

October 2, 2018
Yemeng Yang
Trade groups said the rule, while well-intentioned, is causing serious problems for the mortgage industry…
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MSR Sales Were Slow in 3Q18, but Pace May Quicken as Yearend Approaches

October 2, 2018
Paul Muolo
One fact that all dealmakers can agree on is that MSR pricing is the best it’s been all decade…
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One Reason FHA Premiums Won’t be Cut? Slow Servicers…

October 2, 2018
Paul Muolo
In 10 cases, the servicing process was delayed by more than two years...
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GSE Shareholders Take Solace in Partial Win Against FHFA, Treasury

October 2, 2018
Carisa Chappell
Investors Unite: “Lamberth’s ruling does not mean reimbursement checks are on the way…”
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Short Takes: Top-Ranked Subservicer Hires Nonbank Execs / Soon to be One: Ocwen and PHH / NAR Bolsters its Government Affairs Staff / One Criticism of Jeb / California, the Golden GSE State

October 2, 2018
Paul Muolo and Carisa Chappell
One criticism of Hensarling is that his conservative ideals prevented him from shaping a consensus bill to reform Fannie Mae and Freddie Mac...
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Bank MSR Values the Highest They’ve Been Since 2007

October 1, 2018
John Bancroft
Banks valued these servicing rights at $46.4 billion, $5.6 billion more than in March…
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Inspector General Wants FHFA to Better Utilize Fannie, Freddie Fraud Reports

October 1, 2018
Carisa Chappell
The IG said there’s no specific methodology for fraud detection and reporting…
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Top-Ranked Wholesaler Unveils New Leadership Structure

October 1, 2018
Paul Muolo
Plaza Home is growing its renovation loan and reverse lending businesses...
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Just Days Away From Closing on PHH Deal, Ocwen Sees a Former Executive Charged with Insider Trading

October 1, 2018
Paul Muolo
During his tenure at Ocwen, Ziengenfuse was in charge of managing the company’s “strategy” with Fannie Mae, Freddie Mac and Ginnie Mae receivables, the SEC said.
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Short Takes: Senators Want CFPB Official Fired / A Plea to Stop the Agency’s Reorg / Sen. Warren Drops Hint on White House Run / Watt’s Tenure? / A New Director at Altisource

October 1, 2018
Paul Muolo
Sen. Warren has been dropping hints that she may run for president in 2020...
Read More
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