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Search Firm Approached Former Freddie Mac Executive About the Radian CEO Job

October 11, 2016
Paul Muolo
The search for a successor to S.A. Ibrahim is well underway…
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A Big Win for PHH: Court of Appeals Vacates $109M CFPB Fine in RESPA Case. Judge Questions CFPB’s Unchecked Power

October 11, 2016
Paul Muolo
The judge in the case suggests that the CFPB director has more unchecked power than anyone in government with the exception of President Obama.
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Portfolio Retention of ARMs Increased in 2Q16

October 11, 2016
Brandon Ivey
Wells Fargo was the top ARM lender in the second quarter with $5.76 billion in originations.
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IG Audit: Ginnie Mae Left Hundreds of Uninsured Loans in MBS Pools

October 11, 2016
George Brooks
Ginnie Mae requires that all loans in its MBS pools have federal insurance or a federal guarantee.
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In Crafting the Deal Agent Concept for Non-Agency MBS, Investors Looked to the GSEs

October 10, 2016
Brandon Ivey
Clayton Holdings is one firm that’s interested in providing deal-agent services to the industry…
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Bank Selling ‘Flow’ Servicing That Could Reach $600 Million a Year

October 10, 2016
Paul Muolo
Based on past production trends of the seller, 52 percent of the loans originated will come through the correspondent channel.
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Short Takes: Wells Fargo, Still the Number One Ginnie Issuer … for Now / Who Will Replace Ibrahim at Radian? / Clayton in the News / The GSE Net Worth Sweep: What did President Obama Know?

October 10, 2016
Paul Muolo
Who will succeed S.A. Ibrahim at Radian? We've heard two names...
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BLS: Mortgage Brokerage Jobs Up, Mortgage Banking Jobs Down

October 10, 2016
Paul Muolo
The hiring picture looks bright for now – at least for mortgage brokerage firms…
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Ginnie Mae Crushed Single-Family MBS Issuance Records in 3Q16

October 10, 2016
John Bancroft
The agency issued a whopping $145.14 billion of single-family MBS during 3Q16…
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Left on the Table by ‘Big Blue’: Promontory MortgagePath and Promontory Interfinancial

October 10, 2016
Paul Muolo
One mortgage insurance official who used Promontory Financial Group in the past described the firm’s work as “excellent,” but noted: “They don’t come cheap.”
Read More
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