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MRB Suspends Lender’s Authority to Originate, Service FHA Loans

July 26, 2017
George Brooks
HUD's MRB suspends Seckle Capital.
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Redwood Taps First Republic, Quicken for Jumbos

July 26, 2017
Brandon Ivey
Only two lenders have consistently provided more than 5.0 percent of the dollar volume in jumbo MBS Redwood has issued this year: First Republic Bank and Quicken Loans.
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Whole Loan Execution Too Good to Pass Up for Citadel

July 26, 2017
Paul Muolo
Citadel is definitely feeling good about whole loan execution these days.
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Wells Looking to Amp Up Interest-Only Mortgages for Jumbo Borrowers

July 26, 2017
Brandon Ivey
Wells looks to up its originations by boosting IO jumbos.
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Early Look at 2Q Lending Reveals Mixed Bag at Big Banks and Bullish Nonbanks

July 25, 2017
Paul Muolo
The nation’s megabanks reveals a mixed bag when it comes to residential originations.
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More Damaging Documents Released Against Government in GSE Lawsuit

July 25, 2017
Carisa Chappell
More emails and memo have been unsealed in favor of Fannie Mae and Freddie Mac shareholder lawsuits.
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Ocwen Looking Out for Struggling Homeowners in Miami

July 25, 2017
Carisa Chappell
Ocwen partners with other groups to help prevent foreclosures.
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Fannie Prices $1.4B CAS Deal, Program Remains Strong

July 24, 2017
Carisa Chappell
Fannie's Connecticut Avenue Securities program, launched in 2013, continues to grow.
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Fixed-Rate Loans Dominate Non-Agency MBS

July 21, 2017
Brandon Ivey
By comparison, ARMs accounted for less than 1.0 percent of total prime non-agency MBS issued in the first quarter.
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Short Takes: About that FHA Premium Cut Idea… / Private Money, Not Government Money / 175 Basis Points / MPF Program Turns 20 / Fortress Buys Lender to RE Investors

July 21, 2017
Paul Muolo and Brandon Ivey
The USMI said in statement that cutting FHA premiums right now is “neither necessary nor prudent at this time...."
Read More
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