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Hedging Losses Likely for Fannie and Freddie in 4Q18?

January 14, 2019
Paul Muolo
The more exaggerated the rate moves, the greater the gain or loss.
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Redwood Set to End Lull in Prime Non-Agency MBS

January 14, 2019
Brandon Ivey
The Redwood transaction is set to close Jan. 17…
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Citigroup Sees Retail Residential Production Drop by Almost 15 Percent

January 14, 2019
Paul Muolo
Compared to the same period a year earlier, retail loan production fell by 23.3 percent at Citigroup...
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Short Takes: Shutdown Having Minimal Impact on Mortgages? / Housing Market Slowing / AMC Acquires Meridian Asset Services / Broker Startup Launches

January 14, 2019
Brandon Ivey
The IRS resumed providing income verification services a week ago and the agency expected to catch up on volume...
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CFPB Report Raises Questions about Non-QMs, DTIs, Servicing and More

January 11, 2019
Brandon Ivey and Yemeng Yang
The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…
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Non-Agency MBS Issuance Faded in Fourth Quarter

January 11, 2019
John Bancroft
The ECM sector was one of the few that recorded MBS production gains during the fourth quarter…
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Lenders Not Liable for a Servicer’s RESPA Violation

January 11, 2019
Brandon Ivey
Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.
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What Michael Bright’s Resignation Might Mean for GSE Reform

January 11, 2019
Paul Muolo
The odds of GSE “recap and release” becoming a reality just went down…
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What We're Hearing: The Otting Era Commences / Waiting on the Senate (It Didn’t Work for Michael Bright) / 11 Days In and All Shook Up / HFSC Chair Worries about Furloughed Workers and Delinquencies / Keep an Eye on Jan. 15 / The Milken Institute Weighs i

January 11, 2019
Paul Muolo
We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...
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GAO Says CFPB Lacks Process to Prioritize Risks

January 10, 2019
The Consumer Financial Protection Bureau needs a systematic process to prioritize consumer risks and focus its resources to address them, the Government Accountability Office said in a new report.
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