HUD Union Challenges Sequestration, 9,000 Workers Would Lose Pay March 13, 2013 George Brooks Roughly 9,000 HUD/FHA workers could lose pay under federal sequestration. Read More
Short Takes: A New FHFA Director to Be Unveiled Soon? / Nonbanks and Jumbos? / Rep. Ryan Plan to Kill the GSEs DOA / Apps Take A Tumble / Sen. Elizabeth Warren, Silent but Not for Long March 13, 2013 Paul Muolo, Thomas Ressler, and Charles Wisniowski Will the White House soon unveil its FHFA director candidate? Read More
Fannie Working on Changes to Buyback Policies March 12, 2013 Paul Muolo Fannie Mae is working on changes that may give some mortgage bankers relief on buybacks. Read More
SEC Nominee Mary Jo White: Enforcement a “High Priority” March 12, 2013 Charles Wisniowski Wall Street executives involved in MBS fraud may not be off the hook quite yet.Read More
Supreme Court Opinion May Ultimately Limit MBS Damages March 12, 2013 George Brooks A new Supreme Court opinion may force the SEC to speed up its investigation of certain MBS fraud cases. Read More
Warehouse Lenders Saw Commitments Jump in 2012 March 12, 2013 Paul Muolo When residential originations thrive, so does the warehouse lending sector, and 2012 was no exception.Read More
Non-Agency Jumbo Originations Up Nicely in 2012, More Product Choices Help March 11, 2013 Brandon Ivey An estimated $203 billion in non-agency jumbo mortgages were originated in 2012, according to a new tally from Inside Mortgage Finance.Read More
Allonhill CEO Diana Mead Departs Due Diligence Vendor March 11, 2013 Paul Muolo Due diligence provider Allonhill LLC loses its CEO Diana Mead.Read More
Jumbo Issuer Redwood Sells $288 Million of Debt March 11, 2013 Paul Muolo Redwood Trust taps the debt market for cash to support its jumbo MBS business.Read More
Investor Sues to Stop Nationstar Auctions of Nonperforming Mortgages March 8, 2013 John Bancroft If a plaintiff gets its way, Nationstar will be blocked from auctioning off delinquent loans from MBS pools.Read More
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