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Incenter Announces Large MSR Auction

October 26, 2018
Paul Muolo
Loans from California account for the largest chunk of receivables at 18.3 percent...
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What We’re Hearing: Cut in Half, Ellie Mae’s Share Price / 1H 2019: A Challenge / Walking the Floor of the MBA Show / A Bullish Outlook for Servicing, Non-QM Lending / If Stocks Tank Further, Good Things Might Happen / High on Chris George’s ‘To Do’ List:

October 26, 2018
Paul Muolo
But putting the negativity aside for a minute, there are a couple of bright spots in the industry: Servicing valuations and non-QM lending...
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Layton Says CRTs Transforming Housing-Finance System

October 26, 2018
During a discussion with Inside The GSEs, Freddie Mac CEO Donald Layton said the credit-risk transfer program is one of the company’s greatest accomplishments.
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New Freddie Mac Underwriting Tool Aids Lending to the Self-Employed

October 26, 2018
Freddie Mac updated its Loan Product Advisor to include a feature for assessing the income of self-employed borrowers in an automated underwriting system, the first such tool in an AUS, officials say.
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Senate Committee Reschedules Hearing on Fannie, Freddie Pilots

October 26, 2018
A Senate hearing on Fannie Mae and Freddie Mac pilot programs is back on the schedule for the lame-duck session of Congress following the elections next month.
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GSEs Preparing Industry for 2019 Launch of Major Initiatives

October 26, 2018
Fannie Mae and Freddie Mac said it’s critical that the mortgage industry prepare now to implement both the Uniform Mortgage Data Program and the single security next year.
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Fannie Deploys New Tool to Help Servicers with Investor Reporting

October 26, 2018
Fannie Mae recently introduced a new tool – the Loan Servicing Data Utility platform – to simplify investor reporting.
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Private MIs Push for More Transparency in GSE Pricing, Underwriting

October 25, 2018
John Bancroft
While the FHFA has proposed a formal rulemaking on GSE capital, the current standard known as the conservatorship capital framework has not been made public…
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Short Takes: HUD Chief on GSE Reform / Carson’s Sober Take on Interest Rates / New Rez’s MSR Bet Paying Off? / In Love with a 4 Percent Mortgage / Incenter Executive Leaves for Blue Water

October 25, 2018
Paul Muolo
HUD Secretary Ben Carson had some sobering thoughts about low interest rates...
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Senate Banking Committee Hearing on GSE Pilots is Back On – Post Election

October 23, 2018
Paul Muolo
Cowen expects the next FHFA director to either terminate the GSE pilots or let them expire...
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