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Nationstar Launches Revamped Online Home Buying Platform, Seen as a Way to Help Increase Originations

June 10, 2015
Brandon Ivey
In recent years there has been speculation that Nationstar would spinoff Solutionstar, but officials at Nationstar now see Xome as a way to differentiate the nonbank from other lenders.
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Short Sellers of Publicly Traded Mortgage Firms Could Get Burned

June 10, 2015
Paul Muolo
In general, companies whose sole mission is to originate and service residential mortgages are the most shorted stocks in the sector...
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Nationstar Executives Jerry McCoy and Caitlyn DeYoung Departing; Others?

June 10, 2015
Paul Muolo
McCoy works in Nationstar’s servicing department, DeYoung in administration.
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Short Takes: Fidelity Information Systems Wins the Ocwen Contract / Ocwen Pays Down More Debt / No 'Conflict Minerals' for Fidelity / The Feds and Diversity / The Federal Insurance Office?

June 10, 2015
Paul Muolo and Thomas Ressler
According to the consent order in the case, Ocwen had a history of ignoring the agency’s document requests...
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Angel Oak Offering $100 Million of Nonprime Whole Loans? Securitization on Hold?

June 10, 2015
Paul Muolo
One source said Nomura also was providing warehouse credit to Angel Oak.
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Fannie/Freddie Issuance Slips in May, but Purchase Business Finally Takes Hold

June 10, 2015
John Bancroft
During May Quicken ranked second among all GSE sellers with 68.2 percent of its business going to Fannie Mae.
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The Savior of First Quarter Mortgage Earnings: Loan Originations

June 9, 2015
John Bancroft
Servicing profits were generally down in the first quarter as many companies reported negative effects resulting from interest rate volatility.
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The Industry Speaks: 80 Percent Say CFPB Rules Putting the Squeeze on Mortgage Credit

June 9, 2015
Thomas Ressler
The survey also found that about 90 percent of loans originated by banks were QM compliant compared to 84 percent last year...
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Will Citadel’s New Second Lien Spur Similar Offerings by ‘A’ Paper Nonbanks?

June 9, 2015
Paul Muolo
Calls to nonbanks from Inside Mortgage Finance revealed a great deal of interest in the Citadel product...
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Slightly Tighter Underwriting on Latest Jumbo MBS from WinWater

June 9, 2015
Brandon Ivey
Caliber Home Loans is the top contributor to the pending MBS from WinWater with a 10.2 percent share of originations...
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