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Flow of Private MI Into GSE MBS Kept Pace with Overall Increase in 3Q16 Fannie/Freddie Business

October 12, 2016
John Bancroft
Looks like private MI firms gained market share in the third quarter…
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MBA Pushes for ‘Front-End’ Risk Transfers on GSE Loan Sales

October 12, 2016
Paul Muolo
“It is critically important for the GSEs to develop and implement additional CRT structures that are accessible to lenders of all sizes and business models in order to avoid reconcentration of the origination and servicing market,” writes MBA President Dave Stevens.
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Short Takes: Trade Group Wants a Cut in FHA Premiums, Now / Wait Until After the MMIF Audit? / A Somewhat Large MSR Deal May be in the Works / Tweaks to the Ginnie Mae ‘Acknowledgement’ Agreement?

October 12, 2016
Paul Muolo
A $5 billion Ginnie Mae MSR sale could be in the works...
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CFPB Disagrees with Court Decision on its Structure; Agency Weighs its Legal Options

October 12, 2016
Paul Muolo
The attorney who argued the case for PHH is Theodore Olson, former Solicitor General of the United States.
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‘Defect’ Rate on FHA Mortgages Rises; A Reading of 50 Percent

October 12, 2016
George Brooks
Of the top five mitigated findings, two were related to borrower assets, two were about documentation and one about borrower credit.
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In Wake of Favorable Court Ruling, PHH Share Price Tepid

October 12, 2016
Paul Muolo
Is Caliber Home Loans still looking at some of PHH’s mortgage assets?
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Short Takes: An Investigation Into LPMI Pricing? / Wells Mortgage Chief Advances / Analyst Lukewarm on Flagstar / Navy Fed Sanctioned by CFPB on Collection Practices

October 12, 2016
Paul Muolo and George Brooks
Wells Fargo’s mortgage chief Franklin Codel is getting some new duties...
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Industry Groups Oppose CFPB Proposal to Add Survey to Consumer Complaint Database

October 12, 2016
Thomas Ressler
Under the proposal, consumers can rate a company’s response on a scale from one to five…
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Sales of Higher-Priced Mortgages Declined in 2015

October 12, 2016
Brandon Ivey
Higher-priced mortgages are sometimes seen as a proxy for nonprime mortgages...
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‘High Pressure’ Wells Fargo Put on Retail Bankers Wasn’t Evident in Mortgage Unit

October 11, 2016
Paul Muolo
A four-year veteran of the bank in California, this mortgage loan officer said he never felt any type of pressure to cross sell other Wells products either.
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