The ‘Mystery’ Captive That Joined the Indianapolis FHLB is Five Oaks March 17, 2015 Brandon Ivey A ban on captive insurers joining the FHLB system appears to be over.Read More
CoreLogic: Negative Home Equity on the Rise Again, but Only Sequentially March 17, 2015 Carisa Chappell Nevada was the leader in underwater homes with 24.2 percent of mortgaged properties in a negative equity position.Read More
FHA Insurance More Costly Than Private MI: WalletHub March 17, 2015 George Brooks The report from WalletHub compares the cost of FHA and private MI from 2008 through 2014 – before the recent 50 basis points cut in FHA premiums...Read More
Short Takes: Consumer Reports Advises Against Using Loan Brokers / NAMB: Come to Work With Us / Five Oaks Flying Solo on Jumbo MBS / Auction.com: Washington is Flipping Heaven / Ginnie MSRs for Sale March 17, 2015 Brandon Ivey and Paul Muolo “We don’t recommend that you hire a mortgage broker” for rate shopping purposes, says Consumer Reports magazine...Read More
The Unhappy Return of GSE Buybacks: A 31 Percent Increase March 16, 2015 John Bancroft Despite the sequential jump in buybacks, the fourth quarter total was the second-lowest repurchase amount disclosed by the two...Read More
MBS Certificate Holders Vote to Terminate Ocwen on $493 Million of Bonds March 16, 2015 Paul Muolo Will Ocwen Financial get compensated for the termination?Read More
Commercial Banks and Whole Loans, What’s the Deal? March 16, 2015 Brandon Ivey Bank demand for MBS has increased due to new accounting requirements and a decline in total residential loan production in recent years.Read More
Poised for a Revival: Wholesale-Broker Lending? March 16, 2015 Brandon Ivey United Wholesale's Mat Ishbia said 20 percent of purchase mortgages are originated by brokers.Read More
Nonbank Selling $1.34 Billion of GSE and Ginnie Mae MSRs March 16, 2015 Paul Muolo Texas is well represented in the bulk package being offered by Phoenix Capital.Read More
Short Takes: So, Who’s The Lucky Captive (REIT) Approved for FHLB Membership? / 23 Responses on the CSP / Fannie Headed Downtown / Comergence Gets New Assignment March 16, 2015 Carisa Chappell and Paul Muolo The captive insurer is owned by a REIT, a spokeswoman for the district bank said, but declined to name either. Read More
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