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FHFA Chief Watt: Freddie MSR Pilot Capped at $1 Billion

September 27, 2018
Paul Muolo
However, bankers and advisors who ply their trade in the MSR market have told Inside Mortgage Finance there is adequate financing available to nonbanks.
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Issuance of Non-Agency MBS Constrained by a Lack of Reforms to Reps and Warranties

September 26, 2018
Brandon Ivey
Blackrock and PIMCO were among the firms cited as avoiding new non-agency MBS deals…
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First Up to Testify Thursday at the HFSC FHFA Oversight Hearing: Simone Grimes, Mel Watt’s Accuser

September 26, 2018
Carisa Chappell
Simone Grimes, who holds the title of special advisor, is still employed by the agency.
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Former Incenter Trading Unit Reemerges as RAMS Mortgage Capital

September 25, 2018
Paul Muolo
The unit will continue to be headed by industry veterans Tad Dahlke and Hal Hermelee...
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Third-Party Lenders Account for Out-Sized Share of FHA/VA Market

September 25, 2018
John Bancroft
However, some large commercial banks are willing to remain in the market through correspondent arrangements…
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MBS Trading Sets a New Low for the Year

September 25, 2018
Paul Muolo
The trading peak for the year came in February at $239.2 billion.
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Short Takes: Full Bore into Non-QM? / FHA Could Hike Premiums / Record Attendance at ABS East / Departures from Sprout / A New Denver Branch for Churchill Mortgage

September 25, 2018
Brandon Ivey and Paul Muolo
Will FHA hike its premiums? Maybe, maybe not...
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Trade Groups, Bankers Voice Disdain for Freddie’s MSR-Financing Pilot

September 24, 2018
Paul Muolo
ICBA: “They [Freddie] can say whatever they want to, but financing MSR crosses the line.”
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Nonprime Lender Deephaven Taps LoanScorecard’s AU Software

September 24, 2018
Paul Muolo
Recently, Inside Nonconforming Markets published its second quarter ranking of expanded-credit lenders, but Deephaven did not appear.
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Deephaven Set to Issue its Largest Nonprime MBS to Date

September 21, 2018
Brandon Ivey
Mortgages from 74 lenders will be included in the deal…
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