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Short Takes: Rep. Waters Doesn’t Hold Back on Criticism of Mulvaney / Next Up: Sen. Warren (CFPB Founder) / When Bank LOs Make More than Their CEOs / G-Rate Steps Up LO Recruitment / Worrying About GSE Servicing Comp (Still)

April 11, 2018
Brandon Ivey and Paul Muolo
According to the consulting firm of Garrett, McAuley & Co., some mortgage loan officers at depositories earn at least four-times what their CEOs make...
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MountainView Selling $6B-Plus of Bulk Servicing Rights

April 10, 2018
Paul Muolo
The bulk portfolio has ultra-low delinquencies…
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MBS Trading Volume on the Rise in Early 2018

April 9, 2018
Paul Muolo
Demand for agency product remains strong, but the investor base is beginning to shift somewhat, said MBS Highway Principal Barry Habib...
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Phoenix Capital Selling Fannie/Freddie/Ginnie Bulk MSRs

April 9, 2018
Paul Muolo
The conventional portion is top heavy with New York loans…
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MorVest Selling Almost $2 Billion of Fannie/Freddie Servicing Rights

April 6, 2018
Paul Muolo
MorVest CEO David Fleig said publicly announced bulk auctions have been scarce of late, but he expects that to change…
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Fannie’s ‘Servicing Marketplace’ Off to a Strong Start

April 6, 2018
Carisa Chappell
Fannie has roughly 50 lenders using the servicing marketplace…
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What We’re Hearing: Show Us the Money / A $1 Million Signing Bonus for an LO? / A Conservative, but Liberal on Pay Raises / Hensarling’s Next Job Won’t Be… / When the Chinese Worry About Prepayments / The Return of Jon Daurio?

April 6, 2018
Paul Muolo
One word for crazy signing bonuses paid to LOs: stupid...
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All Three Agencies Had a Trying First Quarter: MBS Issuance Down Almost 18 Percent

April 6, 2018
John Bancroft
But Freddie Mac’s 37.2 percent drop was the biggest, by far…
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Fannie Mae’s Servicing Marketplace Off To a Good Start, More Features to Come

April 5, 2018
Fannie Mae’s Servicing Marketplace has been up and running since December and the government-sponsored enterprise plans to add additional features later this year.
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As Pershing Square’s GSE ‘Bet’ Craters, Reports Surface that Investors are Pulling Money Out

April 5, 2018
Paul Muolo
Pershing Square owns roughly 9.9 percent of Fannie/Freddie common…
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Latest Imf News

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