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Purchase-Mortgage Originations Constrained as Potential Homebuyers Face Issues with Inventory, Affordability

July 26, 2018
Trends with housing inventory, home prices and interest rates appear to be holding back home sales and originations of purchase mortgages, according to industry analysts.
Read More

Short Takes: How Sweet a GSE Profit? / Put it in the ‘Lockbox’ / The Guessing Game on Watt’s Successor Continues / A Record for Guild Mortgage / A Big Quarter for Radian

July 26, 2018
Paul Muolo
Should Fannie/Freddie profits be put in a government lockbox?
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Short Takes: 25 Comments So Far on GSE Capital / Count Stegman and DeMarco Among Them / A FHFA Director Candidate? / China Changes Gears on U.S. RE / Large Georgia Bank Buys Florida Depository

July 25, 2018
Paul Muolo and Carisa Chappell
Among those weighing in on GSE capital: Michael Stegman, senior fellow at the Milken Institute, and former FHFA Acting Director Ed DeMarco...
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Freddie Official: Big Data and Advanced Analytics will Change the Business

July 25, 2018
Brandon Ivey
Chris Boyle, chief client officer at Freddie Mac: “I don’t know how half of you make money.”
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Industry Trade Groups Want Consumers to Contact Firms First, Not the CFPB

July 25, 2018
Yemeng Yang
“Customers are more promptly and efficiently served when they contact their financial institution directly with a concern,” said the American Bankers Association…
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MSR Market Still Hot but Quieter Times May Lie Ahead

July 25, 2018
Paul Muolo
Some MSR investors are suffering from "buyer exhaustion," said one deal maker...
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Flagstar Posts Decent Originations but Expresses Concern About GOS

July 25, 2018
Paul Muolo
At June 30, Flagstar serviced $120.3 billion in home mortgages, but 77.5 percent of that represents subservicing contracts…
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Arizona Nonbank Tells LOs at Other Companies They’re Getting Ripped Off

July 25, 2018
Paul Muolo
Geneva Financial has a message for all loan officers: “Compensation isn’t everything … said no one!”
Read More

Concerns Resurface About GSE ‘Charter Creep’; MBA Gets Vocal

July 24, 2018
Paul Muolo
But AEI researchers weren’t the only ones throwing bombs…
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Redwood to Raise $103 Million with Sale of Common Stock

July 24, 2018
Brandon Ivey
With the stock sale pending, Redwood disclosed preliminary details about its earnings for the second quarter…
Read More
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