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Freddie Mac Taps CoreLogic’s Sam Khater as New Chief Economist

March 29, 2018
Paul Muolo
A spokeswoman for CoreLogic confirmed that Khater is leaving the company…
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GSE NPL Sales Tanked in 2017 – And That’s a Good Thing

March 29, 2018
Paul Muolo
The FHFA noted that the GSE NPL auctions are open to any qualified bidder…
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Concerns Remain About Impact of Portfolio QM

March 29, 2018
Brandon Ivey
Moody’s noted that if the provision becomes law, small banks won’t have to meet certain documentation requirements included in the CFPB’s ability-to-repay rule…
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Megabanks and Even Nonbanks Continue to Rely Heavily on Correspondent Channel for Government Loans

March 29, 2018
George Brooks
The megabanks and some top ranked nonbanks rely heavily on correspondent purchases to gather FHA and VA loans…
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Fannie, Freddie Common Testing New 52-Week Lows

March 29, 2018
Paul Muolo
The U.S. Treasury controls the senior preferred shares of the GSEs, but has no positions in the common.
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Short Takes: Banks with Strong Mortgage Ops Set to Merge / RoundPoint Gets Aggressive on Hiring / Not for Sale Anymore? / Home Point Hires Chief Production Officer / DocMagic Signs up Deutsche Bank / Former Nomura Trader Joins Angel Oak

March 29, 2018
Paul Muolo
Look for a lot more mergers this year. Then again, if rates dive, all bets might be off...
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Financing Flips: Flippin’ Good Volumes Last Year

March 29, 2018
George Brooks
Several lenders now provide financing to this unique niche and more might join the party as 2018 progresses.
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Reg Relief Bill Stalled in the House, Frustration Mounts

March 29, 2018
Yemeng Yang
House Financial Services Committee Chairman Jeb Hensarling said the GOP is trying to negotiate in good faith…
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Servicing-Released Premiums the Best They’ve Been in Years?

March 28, 2018
Paul Muolo
Wells Fargo and JPMorgan Chase are among the megabanks driving SRP pricing…
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USDA Continues Pilot Program that Uses Alternative Loan Limits

March 28, 2018
George Brooks
Regardless of the method used, the area loan limit may not exceed the FHA single-family mortgage limit.
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Latest Imf News

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