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Movement Mortgage CEO Rebrands His New Bank as, You Guessed It, Movement Bank

August 8, 2017
Paul Muolo
According to Casey Crawford the recapitalized depository will focus on “loving and serving people.”
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Trade Groups Call on CFPB to Address the GSE ‘Patch’ One Way or Another

August 8, 2017
Thomas Ressler
The Consumer Mortgage Coalition and MBA separately recommend replacing the GSE patch with a more transparent set of criteria…
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Jumbo Originations Up in 2Q17 as Banks Report Strong Demand

August 7, 2017
Brandon Ivey
Lee Smith, an executive vice president and COO at Flagstar, said the bank’s jumbo originations were bolstered by the acquisition of Opes Advisors…
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Short Takes: An Increase in Investigations for Nationstar / Succession-Related Hiring / Movement Looking for Sales Personnel / A Solid Profit for Redwood / Greystone Hires MF Executive

August 7, 2017
Paul Muolo
Among residential lenders in a hiring/growth mode is Movement Mortgage...
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Fairholme Predicts Trump’s DOJ Will See (GSE) Things Its Way

August 7, 2017
Paul Muolo
“There is a proven blueprint to succeed, and we hope to successfully resolve this matter before reaching the Supreme Court of the United States,” the company told investors.
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Why is it Taking So Long for Trump to Nominate Kittle as Ginnie Mae Chief?

August 7, 2017
Paul Muolo
According to industry officials who claim to have knowledge of the matter, Kittle is still the top pick, but...
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Trader Joe’s a Beacon for Homebuyers?

August 7, 2017
Sherry Muolo
Homes located near a Trader Joe’s location had an average 5-year appreciation of 67 percent…
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House Republicans Push Another Contempt Case Against CFPB’s Cordray

August 7, 2017
Thomas Ressler
The GOP legal analysis asserts that Cordray failed to satisfy subpoenas the committee issued for agency records…
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Agency MBS Issuance Up Again in July as Purchase-Mortgage Market Hit a New Level

August 4, 2017
Mortgage lenders last month pumped a hefty $112.36 billion of single-family home loans into the MBS platforms of Fannie Mae, Freddie Mac and Ginnie Mae, according to a new ranking and analysis by Inside MBS & ABS. July’s agency MBS production was up 2.9 percent from the previous month, though it still hasn’t caught up to the monthly volume issued from May of last year through January 2017. Year-to-date production was down 0.3 percent from the first seven months of 2016. The purchase-mortgage business continued...[Includes two data tables]
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Cherry Hill Inks MSR Flow Deal with RoundPoint Mortgage

August 4, 2017
Paul Muolo
CHMI was launched a few years ago by the privately owned Freedom Mortgage, the nation’s seventh largest originator…
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Latest Imf News

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Featured Data

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Featured Reports

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