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Short Takes: $3 Billion in Ginnie MSRs Up for Grabs / More Servicing Regulations from the CFPB / Sterne Agee Lowers Estimates on PHH / Which GSE CEO Leaves First? / LenderLive’s New Hire

December 3, 2015
Paul Muolo and Thomas Ressler
Now that President Obama has signed legislation to cap Fannie Mae/Freddie Mac CEO pay, which GSE chief will leave first?
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Purchase Lending the Star of 3Q15: $280 Billion; Best Showing Since 2007

December 3, 2015
John Bancroft
At the same time, credit standards – at least in the agency market – have eased only slightly over the past two years...
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Mortgage REITs Quietly Investigating Options in Non-QM, Nonprime and Consumer Loans

December 2, 2015
Paul Muolo
Ellington Financial, a REIT that carries an 11.20 percent dividend and yield, has admitted to buying non-QM loans in past filings with the SEC, but has not racked up huge volumes...
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Looks Like a $13 Billion Year for United Wholesale Mortgage

December 2, 2015
Paul Muolo
UWM may soon surpass Stearns Lending to become the largest wholesale-broker lender in the nation...
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Groups Believe ‘Jumpstart GSE Reform Act’ Would Hinder Fannie/Freddie Reform

December 2, 2015
Carisa Chappell
G-fees were tapped in a recent highway transportation bill, but eventually the language was stripped from the measure…
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Mortgage Applications Down Slightly, but No Need to Panic

December 2, 2015
Sherry Muolo
ARM activity continues to be low at just 6.1 percent of new applications.
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Short Takes: Certain Branches Ready to Bolt Blackstone? / No Market Too Small / Beach Point Nonprime MBS Still on Track / CFPB Issues HMDA Compliance Guide / loanDepot Securitizes Personal Loans

December 2, 2015
Paul Muolo and Thomas Ressler
So, whatever happened to Beach Point Capital’s $70 million subprime MBS? Sources contend the deal is very close with strong investor interest...
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Jumbo Lending Declines in 3Q, Competition is Stiff

December 2, 2015
Brandon Ivey
Among the top five jumbo lenders, only Chase was able to increase its production between the second quarter and the third quarter.
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Short Takes: Xome Isn’t Exactly Uber / Investors Unite Cancels Miami Rally / MBA Wants Seat at Risk-Share Table / New Investor Loan from AOMS /New Hires for Pacific Union

December 1, 2015
Paul Muolo, Sherry Muolo, and Carisa Chappell
Xome isn't exactly Uber, said one Nationstar critic...
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CFPB Doubles $$$ Collected from Penalties but Seems Slow in Redistributing It

December 1, 2015
Thomas Ressler
At the CFPB, penalty money comes in, but doesn't necessarily go out very quickly...
Read More
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