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Nationstar Hires Capital One Executive Patel as EVP and Chief Risk Officer

January 10, 2017
Paul Muolo
Patel also will serve as a member of the lender's executive management team.
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The Love Affair Continues: First-Lien Holdings at Banks and Thrifts Up Again in 3Q16

January 10, 2017
Brandon Ivey
Third-ranked Bank of America had the slowest growth among the three banks, with a $189.1 billion portfolio as of the end of the third quarter…
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HSBC Hit with $33 Million Fine Over Flawed Foreclosures

January 10, 2017
Thomas Ressler
As part of the settlement, the OCC lifted certain business restrictions that had been placed on HSBC…
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Non-QM Originator LendSure Lays Out its Plan for Growth

January 10, 2017
Brandon Ivey
LendSure is licensed in 12 states, with approvals pending in seven more…
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Short Takes: Gain-on-Sale Let-down? / About Those MSR ‘Marks’... / Ocwen Attorney Joins Philly Law Firm / Go with the ‘Waterfall’ / Vegas-Based Lender Hires Sales Chief

January 10, 2017
Paul Muolo and Brandon Ivey
As gain-on-sale margins decline, MSR marks will rise...
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Mortgage Hiring Accelerates in November. Can it Last?

January 10, 2017
Paul Muolo
Some industry executives have been predicting a correction in mortgage hiring in the coming months, with large layoffs anticipated at shops that have focused too strongly on refinancings.
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A Wide Variety of Denial Rates Among Jumbo Originators

January 9, 2017
Brandon Ivey
Some 30 percent of jumbo application denials were tied to debt-to-income ratios, compared to 15 percent for all loan types.
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The Final Tally: Ginnie Mae MBS Issuance Hit a Record High in 2016; VA Soared

January 9, 2017
John Bancroft
FHA collateral still accounted for over half of Ginnie issuance, but the 2016 total was up a more subdued 8.2 percent from the previous year…
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Short Takes: FHA Premium Cut Has Negative Impact on MI Stocks / Carson Should Expect a Lot of Questions on the MIP / Of Mortgages and Brains / FHLBs Get More Flexibility on Collateral

January 9, 2017
Paul Muolo and Carisa Chappell
Mortgage insurance stocks aren't have a good day. Blame the FHA MIP cut?
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AMC Acquires Origination and Servicing QC Services from Stewart

January 9, 2017
Brandon Ivey
AMC acquired Stewart’s residential due diligence and servicing functions, including credit, compliance, origination and servicing quality control reviews.
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