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Home » Topics » Inside Mortgage Finance » Originations

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Short Takes: Ed DeMarco and TBTF / An Accomplishment: G-Fee Parity / Hensarling’s Donors / GSEs Stay Busy on the Multifamily Front / What Mortgage Directors Earn

April 13, 2017
Paul Muolo
In 2012, the g-fee disparity fell to about 6 bps. By 2013 it was just about gone. And you can credit Ed DeMarco…
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CFPB Proposes HMDA Rule Clarifications

April 13, 2017
Thomas Ressler
One change would facilitate reporting the census tract of a property, using a new geocoding tool that the CFPB plans to provide online.
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CitiMortgage’s Third-Party Servicing Portfolio Plummets 66 Percent; Lending Off 32 Percent

April 13, 2017
Paul Muolo
It’s a safe bet that CitiMortgage will no longer be a top-10 ranked residential servicer…
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Financial Services Roundtable Names Former FHFA Director Ed DeMarco President of its HPC

April 12, 2017
Carisa Chappell
In June of last year, DeMarco co-authored a Milken Institute white paper entitled “Why Housing Reform Still Matters." In it, he argues: "…we need to preserve the liquidity and capacity of an active, globally financed MBS market…”
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Nationstar CEO Earned $5.36 Million, Flagstar Chief Saw a Decline in Compensation

April 12, 2017
Paul Muolo
The compensation figures for both men include salary, stock awards and other forms of income.
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Hensarling Unveils Changes to CFPB in CHOICE Act 2.0

April 12, 2017
Thomas Ressler
Despite these developments, FBR Capital Markets analyst Edwards Mills said passage of the Hensarling legislation is unlikely. “We continue to believe that major Congressional action on financial regulation is a 2018 event,” he writes in a new client note.
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Still a Better Deal: Selling ‘Conforming’ Jumbos to Fannie and Freddie. But for How Long?

April 12, 2017
Brandon Ivey
However, conforming jumbos accounted for 36.3 percent of the $1.03 billion non-agency MBS JPMorgan Chase issued in February.
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Short Takes: CFPB Continues to Hire – Examiners / The Ginnie Mae Job? / An End to ‘Implied’ Guarantees / The Ginnie Mae ‘Plan’ / Fears About the Mortgage Interest Tax Deduction

April 12, 2017
Paul Muolo and Thomas Ressler
More CFPB examiners means more CFPB exams? Maybe, maybe not...
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The Final Tally: ARM Originations Increased in 2016; JPMorgan Chase the Market Leader

April 12, 2017
Brandon Ivey
Wells Fargo Co. ranked third with $21.1 billion of ARM originations in 2016…
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Investment Banker Craig Phillips is Treasury's ‘Point Person’ on GSE Reform

April 11, 2017
Paul Muolo
One trade group said Phillips has already reached out to the industry, gathering opinions on key issues facing the market, including Fannie and Freddie…
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