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FHFA Seeks Clarity on TCPA Rules Regarding Servicer Calls Following Natural Disasters

November 30, 2017
The Federal Housing Finance Agency wants clarity on what types of communication are ac-ceptable, under the Telephone Consumer Protection Act, from mortgage servicers to borrowers impact-ed by natural disasters.
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Ginnie Mae Acting President Warns: Lenders Could be Kicked out of the Program for ‘Churning’

November 30, 2017
George Brooks
For lenders that produce pools with inexplicably fast prepayment speeds, removal from the program is not out of the question, said Ginnie Mae's Michael Bright...
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Conforming-Jumbo Market Grew Faster Than Non-Agency Sector in 3Q17

November 30, 2017
John Bancroft
Roughly $119.1 billion of mortgages that exceed the conforming loan limit of $424,100 were produced during the third quarter of 2017…
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New Residential Agrees to Buy Ranieri’s Shellpoint Platform for $190 Million

November 29, 2017
Paul Muolo
According to figures compiled by Inside Mortgage Finance, New Residential ranks fifth among all residential servicers with $343.0 billion of contracts at Sept. 30. New Penn ranks 46th among lenders.
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With Mulvaney Confirmed as CFPB Acting Director, What Happens to English?

November 29, 2017
Thomas Ressler
There are reports that Leandra English’s effort to unseat Mulvaney has been financed by an anonymous group of donors...
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Latest Nonprime MBS from Angel Oak Met with Strong Demand from Investors

November 29, 2017
Brandon Ivey
The Angel Oak family of companies could originate more than $1.0 billion of non-QMs this year…
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With Kittle Backing Away from Top Ginnie Job, Michael Bright May be Trump’s Pick

November 29, 2017
Paul Muolo
“Basically, David [Kittle] came to the conclusion that it just wasn’t worth the wait,” said one industry lobbyist...
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Banks and Residential MBS – the Love Affair Continued in 3Q17

November 29, 2017
John Bancroft
Some $25.94 billion of the industry-wide increase was booked by the three largest bank MBS investors…
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Short Takes: Watt and Treasury, is there a Deal? / GSE MBS Investors May Want More Yield / FGMC Cuts Staff / PIMCO, the Owner / Senate Banking Clears Montgomery for the FHA Job

November 29, 2017
George Brooks and Paul Muolo
Come Jan. 1, rates may spike thanks to zero GSE capital...
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Jumbo Originations Increased in 3Q17 but Sector Lost Some Market Share

November 28, 2017
Brandon Ivey
While banks continue to compete for jumbo loans, some have actually tightened underwriting standards…
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