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MountainView Offers $979 Million of GSE Servicing Rights

April 30, 2015
Paul Muolo
With the second quarter in full swing, several advisory firms are actively offering packages, including Interactive Mortgage Advisors, Phoenix Capital and The Prestwick Group.
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Blackstone Hires Former Lehman MGD Libman to Head Mortgage Unit

April 29, 2015
Paul Muolo
Blackstone, without fanfare, purchased Gateway Funding in Horsham, PA. More deals are in the works...
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Short Takes: Dead Silence on GSE Reform / EverBank Dumps More MSRs / Brian Libman’s Work History / The Ocwen Watch

April 29, 2015
Paul Muolo and Thomas Ressler
Nationstar will take title to $6.7 billion of Fannie Mae, Freddie Mac and private investor product owned by EverBank...
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Freddie Unveils Yet Another NPL Auction: $233 Million of Product Serviced by Ocwen

April 29, 2015
Carisa Chappell
This is Freddie Mac’s fourth NPL auction of 2015. As for Fannie Mae...
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GSE Servicing Stagnant in 2015, but Nonbanks Gained

April 29, 2015
John Bancroft
Among the standouts in nonbank MSR growth: Seneca Mortgage, Pingora and RoundPoint...
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Treasury Criticized for Not Changing Policies Regarding HAMP Servicing Transfers

April 29, 2015
Brandon Ivey
Among other issues, the SIGTARP cited Green Tree's recent $63 million servicing settlement with the CFPB and Federal Trade Commission.
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Senate to Mark Up Regulatory Relief Bill Mid-May; QM Status for Portfolio Loans?

April 29, 2015
Thomas Ressler
It’s likely that provisions to automatically designate residential loans held in portfolio as qualified mortgages will be included in a legislative package...
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Maybe, the GSEs’ Role in Multifamily Should be Increased, Not Decreased

April 28, 2015
Carisa Chappell
Another post-crisis trend is that the volume of Fannie’s multifamily financing had shrunk more than Freddie’s...
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Short Takes: Strong Demand for Mortgage Chief Operating Officers? / Lenders Without Budgets are Less Profitable / Ocwen Turned Down a Good Bid / A CEMA Tale and BofA

April 28, 2015
Paul Muolo
Recruiter Rick Glass said the thirst to hire high-caliber mortgage COOs is coming from lenders that “want to move to the next level.”
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Mortgage Earnings at Home Street Rise Sharply, Expansion Continues

April 28, 2015
Brandon Ivey
HomeStreet funded $1.61 billion of new originations in the first quarter of 2015, a 21 percent improvement from the previous quarter.
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