The fear for MI firms, and the analysts who cover them, is that another cut in the MIP would eat into policies that might be written by the private mortgage insurance sector.
Some observers believe the CFPB is questioning whether certain LOS vendors are qualified to serve the industry, fearing a potential crackdown on such companies.
Yet, here’s loanDepot, a firm launched just five years ago by industry veteran Anthony Hsieh, filing its S-1 statement with the Securities and Exchange Commission…
One of Fannie’s and Freddie’s reputed “sins” was donating large sums of money to politicians who, in turn, ran interference for them on Capitol Hill...
At mid-year 2015, Redwood’s subsidiary had $882 million of outstanding FHLB advances with a weighted average interest rate of 0.23 percent and a weighted average maturity of six years.