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Meanwhile, Shellpoint May Issue a Jumbo Deal by Mid-Year

March 13, 2013
Paul Muolo
Activity in the jumbo MBS market is hopping.Shellpoint Partners is targeting mid-year for its first deal.
Read More

GOP Campaign Against the CFPB Opens on a New Front

March 13, 2013
Thomas Ressler
The chairman of the House Banking Committee wants clarification from the Federal Reserve on the central bank's transfer of funds to the CFPB.
Read More

HUD Union Challenges Sequestration, 9,000 Workers Would Lose Pay

March 13, 2013
George Brooks
Roughly 9,000 HUD/FHA workers could lose pay under federal sequestration.
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Bank of America Confirms Job Cuts in Its LandSafe Unit

March 13, 2013
Paul Muolo
A declining inventory of problem home mortgages and REO played a key role in Bank of America slashing the workforce of LandSafe by roughly 10 percent.
Read More

Short Takes: A New FHFA Director to Be Unveiled Soon? / Nonbanks and Jumbos? / Rep. Ryan Plan to Kill the GSEs DOA / Apps Take A Tumble / Sen. Elizabeth Warren, Silent but Not for Long

March 13, 2013
Paul Muolo, Thomas Ressler, and Charles Wisniowski
Will the White House soon unveil its FHFA director candidate?
Read More

Fannie Working on Changes to Buyback Policies

March 12, 2013
Paul Muolo
Fannie Mae is working on changes that may give some mortgage bankers relief on buybacks.
Read More

SEC Nominee Mary Jo White: Enforcement a “High Priority”

March 12, 2013
Charles Wisniowski
Wall Street executives involved in MBS fraud may not be off the hook quite yet.
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Supreme Court Opinion May Ultimately Limit MBS Damages

March 12, 2013
George Brooks
A new Supreme Court opinion may force the SEC to speed up its investigation of certain MBS fraud cases.
Read More

Warehouse Lenders Saw Commitments Jump in 2012

March 12, 2013
Paul Muolo
When residential originations thrive, so does the warehouse lending sector, and 2012 was no exception.
Read More

GOP Voices Concern on CFPB Contract Expenses, No Vote on Cordray This Week

March 12, 2013
Thomas Ressler
The GOP wants to know why the CFPB has spent so much money on outside contractors.
Read More
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