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Short Takes: FHA’s Delinquency Count: $133 Billion? / Fannie and Freddie Not Needed? / Federal Reserve: No Loosening of Credit Standards

February 5, 2013
Paul Muolo and Charles Wisniowski
FHA is looking at $133 billion of troubled mortgages.
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Bank Known for Its Entertainment Business Enters Warehouse Space

February 5, 2013
Paul Muolo
City National Bank of Los Angeles is entering the mortgage warehouse business.
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FHFA: GSEs Have Developed a Prototype of Securitization Platform

February 5, 2013
Brandon Ivey
Fannie Mae and Freddie Mac have developed a prototype of its standard securitization platform.
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Ally Says It Will Portfolio Jumbos

February 5, 2013
Paul Muolo
Ally Bank will originate and keep jumbo mortgages in the bank's portfolio.
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Year of Record Profits Ends Softly as Mortgage Banking Slowed in 4Q12

February 4, 2013
John Bancroft
Mortgage bankers of all sizes continued to report strong earnings on their mortgage banking operations during the fourth quarter of 2012, but the salad days may be over.
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HLSS May Purchase MSRs From Outside Parties

February 4, 2013
Paul Muolo
HLSS may branch out and buy mortgage servicing rights from companies other than Ocwen.
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Nationstar Mortgage Eyeing Valuation/Title Purchase?

February 4, 2013
Paul Muolo
Nationstar Mortgage may purchase the valuation and title division of another company.
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Short Takes: Nationstar Closes on BofA MSRs but More to Go / Walter About to Launch Originations / Stonegate Latest to Enter Jumbo Space / Promontory Enters the Nonperforming Loan Space

February 4, 2013
Paul Muolo
Nationstar Mortgage closes on servicing deals.
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FHFA Promises GSE Risk-Sharing Bonds Will Be Issued Soon

February 4, 2013
Brandon Ivey
The FHFA is getting closer to announcing risk sharing bonds for Fannie Mae and Freddie Mac.
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The Mortgage Industry’s Gain-on-Sale Profit Boom May Be Over

February 4, 2013
Thomas Ressler
The mortgage banking industry’s record level of profitability may have peaked, as gain-on-sale margins have already begun to slip and more dark clouds appear on the horizon, according to industry analysts.
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Latest Imf News

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Featured Data

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