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Home » Topics » Inside Mortgage Finance » Originations

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Mortgage Hiring Spree Tapering Off?

August 16, 2017
Paul Muolo
Another digital lender that’s hiring is NewFi Lending of Emeryville, CA…
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Fannie, Freddie Earnings Could Hit $10 Billion in 3Q17 Thanks to RBS Settlement

August 16, 2017
Paul Muolo
If the $10.4 billion figure proves accurate it will result in another hefty dividend payment by Fannie and Freddie to the holder of its senior preferred stock: the U.S. Treasury.
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Alternative Credit Scores for GSE Loans will Have to Wait for the Single-Security Project

August 16, 2017
Carisa Chappell
Mel Watt called the credit score explorations one of the “most difficult” evaluations he’s taken on as FHFA director.
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Short Takes: HUD Deputy Nominee Waits on the Senate, Still / Refis Rising? / A Private Placement for Ellington / Ellie Goes After the Big Boys / A Share Price Estimate of Zero

August 16, 2017
Paul Muolo
Mortgage software provider Ellie Mae said in a recent SEC filing that “part” of its business strategy is to target larger mortgage lenders...
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RE Crisis Post-Mortem: Home-Price Depreciation a Bigger Driver of Defaults than Unemployment

August 15, 2017
Brandon Ivey
S&P focused on mortgages originated between the second half of 2005 and the first half of 2008.
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2Q17 a Rocky Road for (Certain) Publicly Traded Nonbanks

August 15, 2017
John Bancroft
Most of the companies are in decent shape, but the group is weighed down by two big albatrosses – Ocwen Financial and Walter Investment…
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Firm Whose Affiliate Sued FMC Becomes ‘Capital Partner’ to Silicon Valley Lender

August 15, 2017
Paul Muolo
Little is known about Eli Global, which bills itself as a “privately held investment firm” with 5,500 locations in 20 locations globally…
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Guild Mortgage Hires PHH’s CIO Gabe Minton

August 15, 2017
Sherry Muolo
At PHH, from 2014 to 2017, Minton held the title of senior vice president and chief information officer.
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Short Takes: What REITs and Fannie & Freddie Have in Common / Replacing One Burden with Another / Who is Western Bancorp? / PHH’s Warehouse Providers / A New Hire for LenderLive

August 15, 2017
Paul Muolo
A higher dividend than what Fannie and Freddie pay?
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Its Investigation Now Complete, CFPB Tells Zillow: Settle or Else

August 14, 2017
The CFPB has told Zillow, the online real estate database firm, to settle with the agency over alleged violations of the Real Estate Settlement Procedures Act or face an enforcement action, the company revealed last week in its 10-Q filing with the Securities and Exchange Commission. “Based on correspondence from the CFPB in August 2017, we understand that it has concluded its investigation,” the firm said in its SEC disclosure. “The CFPB has invited us to discuss a possible settlement and indicated that it intends to pursue further action if those discussions do not result in a settlement.”At issue are certain co-marketing activities, which Zillow defended. “We continue to believe that our acts and practices are lawful and that ...
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