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Inside Mortgage Finance
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Short Takes: FHFA to Industry: Thanks for Your 400 Comments, but No / Mortgage REITs are Not Happy / IMA Selling $3B in Ginnie MSRs / Schneider’s Salary Revealed / Executive Leaves Altisource for Altavera

January 12, 2016
Paul Muolo
In other words, the regulation to ban captives from entering the system moved forward despite overwhelming industry opposition…
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Nonbank Share of GSE Business Approaching the 50 Percent Mark

January 12, 2016
John Bancroft
Quicken Loans, ranked second overall in GSE loan deliveries last year, growing its business by 32.2 percent…
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RoundPoint President Dave Worrall Departs; Servicer Still Open to Offers?

January 12, 2016
Paul Muolo
At one point, PIMCO had been eyeing RoundPoint, sources told IMFnews...
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It’s Official: FHFA Bans ‘Captives’ From FHLB System; $35 Billion in Advances Must Go – Eventually

January 12, 2016
Carisa Chappell and Paul Muolo
REITs have gained access to the FHLB discount window with the goal of leveraging their investments in both MBS and servicing rights.
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While Many New Originations Haven’t Been Compliant with TRID, Fitch Projects Modest Risk for Non-Agency MBS

January 12, 2016
Brandon Ivey
The guidance from Fitch could ease some fears among purchasers of non-agency mortgages...
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Prospects for New Home-Equity Lending Are Looking Up

January 12, 2016
Thomas Ressler
“Home-equity lending, for years the red-headed stepchild of our industry, is coming back into favor," said CoreLogic's Sam Khater.
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In a Fading 4Q Market, Lenders Lean More on Correspondent and Wholesale Channels

January 11, 2016
John Bancroft
While nonbank residential lenders lean a little more on TPO channels, banks are still the driving force in the correspondent market…
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Citi Prevails in Loan Buyback Dispute – Thanks to Contract Language

January 11, 2016
Brandon Ivey
CitiMortgage filed the lawsuit after Chicago Bancorp refused to repurchase 11 mortgages.
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Mortgage Bankers and Brokers Shed Jobs at Yearend; Loan Officers Still in Demand

January 11, 2016
Paul Muolo
Although residential lending could fall by 20 percent in 2016, the demand for retail LOs with strong ties to Realtors and home builders should remain strong.
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Insurance Company Ups Stake in Stonegate as Lender Hits 52-week Low

January 11, 2016
Paul Muolo
Stonegate, which lost $22.8 million in 3Q15, likely will report its fourth quarter results sometime in February.
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