Cowen: White House Doesn’t Favor Killing Fannie and Freddie March 15, 2018 Paul Muolo September will mark the 10-year anniversary of the government placing Fannie and Freddie into conservatorship..Read More
Impac’s Share Price Clocked After Reporting a Huge Loss for 4Q17 March 15, 2018 Paul Muolo Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…Read More
PIMCO Hungry for Reperforming Loans March 15, 2018 Paul Muolo PIMCO might be hungry for RPLs but inventory is declining…Read More
Subservicing Volumes Begin to Ebb but Long-Term Prospects Look Good March 14, 2018 Paul Muolo At the end of the fourth quarter, Cenlar ranked first among all subservicers…Read More
Fitch: Consolidation Expected Among Nonbank Servicers. Rising Costs a Major Concern March 14, 2018 Brandon Ivey Fitch said independent nonbank servicers remain vulnerable to rising costs…Read More
IMA Hits the Market with a Large Bulk GSE Auction March 14, 2018 Paul Muolo The package from IMA boasts low delinquencies and a high percentage of loans based in California…Read More
Fresh Off of Restructuring Walter/Ditech, Renzi Joins the Nation’s Largest Subservicer March 14, 2018 Paul Muolo Earlier this year, Renzi stepped down as CEO and president of Walter Investment Management Corp., the parent of Ditech Financial...Read More
Impac Gets Slammed by Lower Originations, Trump Tax Bill; Long-Time CEO Joe Tomkinson is Departing March 14, 2018 Paul Muolo The company confirmed that long-time chairman and CEO Joe Tomkinson will be stepping down at the end of July...Read More
Ginnie Mulls Changes to MSR Pacts to Improve Nonbank Liquidity March 13, 2018 George Brooks Nonbanks do not have safety and soundness regulators, which is causing anxiety inside the agency…Read More
Short Takes: Impac, the Day Before the ‘Ides of March’ / A Boost for Ditech? / Market Cap? / CFPB Cedes Power to the States / A Promotion at NTC March 13, 2018 Paul Muolo and Yemeng Yang Under Acting Director Mick Mulvaney, the CFPB will rely on state regulators and state attorneys general for more leadership when it comes to enforcement...Read More
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