QM Patch Expiration Could Shift More High-DTI Loans to FHA November 7, 2018 George Brooks Analysts see the expiration of the QM patch as having a lesser effect on the non-agency market and a greater impact on FHA...Read More
NYSE Suspends Trading in Ditech, Nation’s 13th Largest Servicer November 7, 2018 Paul Muolo Ditech said it has no plans to appeal the NYSE’s decision.Read More
Short Takes: Calabria for the FHFA Job? / Egenhoefer’s New Gig? / Ocwen’s Share Price Gets Clocked / WAMCO Prepares EC MBS / Invitation Homes’ SFR Inventory / Fast-Growing Servicers November 6, 2018 Paul Muolo and Brandon Ivey Among the nation’s top 20 servicers at Sept. 30, Freedom Mortgage had the largest increase its MSR balances...Read More
Rated MBS Backed by Fix-and-Flip Bridge Loans Likely November 6, 2018 Brandon Ivey Fix-and-flip financing has gradually increased each year since 2011…Read More
LoanStream Branches Out into Correspondent, Aims to ‘Dominate’ the Market November 6, 2018 Brandon Ivey LoanStream was already originating nonprime mortgages via retail and wholesale outlets...Read More
Another Quarterly Loss for Ocwen, New CEO Messina Calls for ‘Re-engineering’ the Cost Structure November 6, 2018 Paul Muolo Ocwen is planning a re-engineering of its cost structure...Read More
Ginnie Asks Top Servicers to Come up with ‘Liquidity Plan’ November 6, 2018 Paul Muolo One observer with clients who received the letter, said: “This has spooked the horses.”Read More
Short Takes: The Election Day Crystal Ball and the GSEs / One More Try at a GSE Bill? / Hensarling Wants to Bury the GSE Model / John Britti’s Extra Pay / A New Texas Branch for Waterstone November 5, 2018 Paul Muolo On Friday, long-time GSE critic Rep. Jeb Hensarling, R-TX, took one more rock to Fannie and Freddie... Read More
Mutual of Omaha’s MB Inks Deal to Buy Assets of BBMC November 5, 2018 Paul Muolo No details were provided regarding the assets that Synergy will take on…Read More
Ahead of 3Q18 Results, Impac’s Share Price Falls to a 52-Week Low November 5, 2018 Paul Muolo Impac’s share price fell to a new 52-week low Monday: $5.10.Read More
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