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Thanks to UGC Purchase, Arch MI Boosts Gross MI Premiums by 214 Percent

April 26, 2017
Paul Muolo
Arch reported primary mortgage insurance in force of $237.8 billion at March 31…
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Meanwhile, in the PHH Case, DOJ Gets 10 Minutes

April 26, 2017
Thomas Ressler
The DOJ, as anticipated, switched sides in this dispute after President Trump took office.
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Short Takes: More GSE Reform Plans / Fannie-Freddie Speculators May Make Out After All / Ocwen Gets a Break / Hey Ben, Call Your Friends in the White House and Tell Them … / This HUD Job About to be Filled?

April 26, 2017
Paul Muolo
Is the White House pondering HUD-related nominations?
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The Early Read: Bank Mortgage Lending Down in 1Q17, Nonbanks Fare Better?

April 26, 2017
Paul Muolo
It’s still early in the reporting season, but when it comes to home lending, nonbank executives seem more optimistic than their depository peers…
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When it Comes to MI Volume, California Continues to Lead the Nation

April 26, 2017
John Bancroft
Roughly $12.50 billion of agency mortgages securitized during the first quarter with some form of primary MI were tied to Golden State properties.
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Ocwen Elevates its Legal Battle Against the Regulatory Establishment, Asks Court to Decide if the CFPB is Unconstitutional

April 26, 2017
Thomas Ressler
Ocwen’s counsel includes Goodwin Procter LLP, which also is representing PHH Corp. in its legal battle against the agency…
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Ocwen Files to Block Sanctions in Illinois and Massachusetts; Plans to Fight All the Other States as Well

April 25, 2017
Paul Muolo
The company adds: “Under these circumstances, Ocwen has a responsibility to its customers, shareholders, and employees to vigorously defend the company.”
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CFPB Proposes Clarifications to HMDA Rule; What Exactly is an ‘AU’ System?

April 25, 2017
Thomas Ressler
Such loan terms as “temporary financing” and “automated underwriting system” would be clarified…
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Nonbanks Keep Building Market Share in GSE Servicing Rights

April 25, 2017
John Bancroft
Nonbank mortgage firms increased their servicing portfolios by 3.0 percent during 1Q17, more than double the 1.3 percent increase in total Fannie/Freddie servicing during that period.
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The Wild Card for Ocwen: Getting (Some of) Its Servicing Yanked

April 25, 2017
Paul Muolo
Fitch notes that New Residential Investment Corp., a publicly traded REIT, owns $118.7 billion in servicing rights that are being subserviced by Ocwen.
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Latest Imf News

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Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

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  • Originations Tumble 16% in Third Quarter

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Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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