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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.
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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.
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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?
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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.
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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.
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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.
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Short Takes: Mortgage Master Top Lender in Massachusetts? / Nationstar Mortgage Executives Selling Shares / Help Save the FHA Multifamily Program

March 12, 2013
George Brooks and Paul Muolo
Is privately held nonbank Mortgage Master the Big Kahuna of residential lending in Massachusetts?
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Ocwen Continues to Gobble Up MSRs with $85B Ally Deal

March 12, 2013
Paul Muolo
The fast growing Ocwen Financial won the bid for Ally Financial's residential servicing portfolio.
Read More
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