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Home » Topics » Inside Mortgage Finance » Servicing

Servicing
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Armed with $500 Million in Cash, Sterling Now Actively Bidding on MSRs

March 27, 2013
Paul Muolo
Sterling Partners of Chicago is one of many private equity firms eying servicing rights as an investment. But so far, it has yet to win any bids.
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Servicers Will Solicit Candidates Under New FHFA/GSE Modification Initiative

March 27, 2013
Paul Muolo
Severely delinquent Fannie Mae/Freddie Mac borrowers may get a shot at a streamlined refi under a new program unveiled Wednesday.
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Short Takes: MBA Hikes Origination Forecast, Applications Rise / Rep. Waters Applauds Move to Ban Incentive Payments on Force-Placed / Appraisal Complaints Continue / EverBank is How Large in Warehouse Lending?

March 27, 2013
Paul Muolo
Residential loan production for 2013 may turn out to be better than originally projected, thanks to a vastly improved purchase-money business.
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Short Takes: Are Loan Standards Really Loosening? / Two Harbors Looking Frothy? / Oil, Gas, and Servicing / Senate Banking Committee Chairman Retiring? / The Never Dying Story: Force-Placed Insurance

March 26, 2013
Paul Muolo, Thomas Ressler, and George Brooks
Urban legend: mortgage lenders are beginning to loosen loan standards. Well, maybe only for "rich" clients.
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Feds Scramble to Fulfill Dodd-Frank, Despite Hiring Binge

March 26, 2013
Thomas Ressler
In spite of the influx of new human resource assets, banking regulators have a mixed effectiveness when it comes to compliance with their own Dodd-Frank obligations.
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IG Expected to Issue Results of Two CFPB Audits by Month’s End

March 25, 2013
Thomas Ressler
Even though the Consumer Financial Protection Bureau is an independent agency, that doesn't mean it gets a pass on IG audits.
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Banks, Thrifts Hike Their Holdings of First- Lien Mortgages

March 25, 2013
Brandon Ivey
Holding fixed-rate mortgages in portfolio was considered a dangerous practice for depositories, but no more.
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Ex-Encore Chief Daurio Says He Has $100 Million in Commitments for Subprime

March 25, 2013
Paul Muolo
A third non-agency, nonprime lender may come into being this year.
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FHFA’s DeMarco Predicts Five Years to New MBS Platform

March 22, 2013
Charles Wisniowski
FHFA's plan for a single MBS platform that would be managed by a new government entity separate from Fannie Mae and Freddie Mac does not mean the agency is contemplating consolidating the two GSEs at this time.
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Will Fannie and Freddie Preferred Shareholders Sue FHFA? / Home Equity Lending Market Still Hurting / FGMC of Maryland Expanding TPO / More Non-Legacy Deals from MountainView, IMA Hit the Market

March 22, 2013
The $93 billion question for Fannie Mae, Freddie Mac, and FHFA: what is a "deferred tax asset" and how can it be used, if at all?
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