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More Potential Trouble for Lender-Paid Mortgage Insurance?

June 24, 2015
Paul Muolo
J.P. Wieske, legislative liaison and public information officers for the WIC, confirmed that the state has made an information request, but would not address content.
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With GSEs Making AU Systems Free, Mortgage Cooperatives May Face the Heat

June 24, 2015
Paul Muolo
“With the Fannie [Mae] discount gone, I’m not sure it’s worth staying a member,” said this executive, regarding the Lenders One cooperative...
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Short Takes: Baker Street Likes Walter / A Share Price Rebound / BKFS: Delinquencies and Foreclosures Rise / Another Departure at Flagstar / More Trouble for Wingspan

June 24, 2015
Paul Muolo and Sherry Muolo
Flagstar is losing its chief legal officer...
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Mortgage Applications Inch Up, ARMs Post Best Reading Since Late 2014

June 24, 2015
Sherry Muolo
Meanwhile, the FHA share of the application market fell slightly to 13.9 percent...
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Aggregators Push Buyback Risk to Originators

June 23, 2015
George Brooks
And these very same aggregators have made demands of the retail funders they bought the loans from in the first place
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REO-to-Rental Business Making Problems for First-Time Homebuyers?

June 23, 2015
Brandon Ivey
The CRC believes the pool of aspiring homeowners does not have affordable financing options comparable to the liquidity provided to investors that are buying up homes en masse...
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Surprise (Sort of): Fannie Mae Makes DU Free, Plans to Introduce New Loan Delivery System

June 23, 2015
Carisa Chappell
Early this month, when Freddie Mac made it automated systems free, Fannie said it would not follow in Freddie’s footsteps...
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Jeff McGuiness Stepping Down as Head of Lenders One Network

June 23, 2015
Paul Muolo
Dan Goldman, vice president of sales, has been selected as the interim leader of Lenders One.
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Short Takes: More Relief from FHA? / Another Mortgage Co. Purchase by Blackstone? / MBA Less Bullish About 2016 / CFPB Unearths Dual-Tracking / A New Prez for Flagstar’s Mortgage Unit

June 23, 2015
Paul Muolo and Sherry Muolo
Apparently, the Blackstone Group recently closed on yet another mortgage company purchase...
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GSE Buybacks Slow, Most Cases End in Seller’s Favor

June 22, 2015
John Bancroft
A relatively small – even microscopic – percentage of loans securitized by Fannie Mae and Freddie Mac in the past three years have been subject to a repurchase demand, according to a new Inside Mortgage Trends analysis.
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