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Is it Good or Bad News That the GSEs Are Losing Market Share?

September 16, 2015
John Bancroft
Back in the early years after the financial crisis, Fannie and Freddie accounted for 60.0 percent or more of primary-market originations...
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TRID Will Cost Industry Billions Annually to Comply, NAIHP Chief Predicts

September 16, 2015
Thomas Ressler
"For the CFPB to act on its own in such a bullish manner without concern for the confusion this will cause, along with additional costs for consumers, is unconscionable,” said NAIHP chief Marc Savitt.
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Flagstar Recently Tried to Sell $10 Billion of MSRs. But Did the Deal Close?

September 16, 2015
Paul Muolo
Over the past few years, Flagstar has been a selective seller of mortgage servicing rights, lopping off packages as large as $40 billion.
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Short Takes: The CSP is Costing How Much? / As for the Implementation Date… / Ocwen Loses Money on MSR Sale / Walter’s ‘Insurance’ Transaction? / A New Hire for MIAC

September 16, 2015
Paul Muolo
Technology, like MBS, can be complicated. Just read the new FHFA report…
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Coming This Fall: Congressionally Mandated Salary Caps for Fannie/Freddie CEOs?

September 16, 2015
Carisa Chappell
GSE watchers anticipate the salary cap legislation will be signed into law this fall.
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Ocwen Now Expects a Loss for 2015, Unveils Cost Cuts; Oh, and It Hopes to be a Top 10 Lender

September 15, 2015
Paul Muolo
Ocwen blames the anticipated loss on lower revenue and higher operating expenses.
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Bank of America Remains the Mortgage Repurchase King

September 15, 2015
John Bancroft
Bank of America still leads the industry in buybacks with $539 million on a year-to-date basis, or 28.5 percent of the total for all banks.
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Another Regulator Cashes In as Webster Bolts CFPB for Wells Fargo

September 15, 2015
Thomas Ressler
The trend continues: Work for the CFPB for a year or so and then cash out...
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Radian Launches Two Jumbo MI Offerings, Including Product for Medical Professionals

September 15, 2015
Brandon Ivey
It seems that more MI firms are sticking their toes into the jumbo waters...
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Ocwen Now Expects a Loss for 2015; More Layoffs Planned; Oh, and It Hopes to be a Top 10 Lender

September 15, 2015
Paul Muolo
According to figures compiled by Inside Mortgage Finance, Ocwen may have a long way to go in meeting its production dreams...
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