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FHFA IG Says GSE Profit Revival Won’t Last; G-Fee Doubts?

March 18, 2015
Paul Muolo
Another possible outcome on g-fees is no change at all. To date, FHFA Director Mel Watt hasn’t tipped his hand.
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Lenders More Optimistic on Profits, Mortgage Demand

March 18, 2015
Carisa Chappell
Talk about optimism: Roughly 71 percent of firms surveyed said they expect purchase-mortgage demand to rise.
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Short Takes: Consumer Reports Advises Against Using Loan Brokers / NAMB: Come to Work With Us / Five Oaks Flying Solo on Jumbo MBS / Auction.com: Washington is Flipping Heaven / Ginnie MSRs for Sale

March 17, 2015
Paul Muolo and Brandon Ivey
“We don’t recommend that you hire a mortgage broker” for rate shopping purposes, says Consumer Reports magazine...
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Sources: JPMorgan the Buyer of Ocwen’s $45B Fannie MSR Portfolio

March 17, 2015
Paul Muolo
Walter Investment also was looking at the Ocwen receivables, sources said.
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The ‘Mystery’ Captive That Joined the Indianapolis FHLB is Five Oaks

March 17, 2015
Brandon Ivey
A ban on captive insurers joining the FHLB system appears to be over.
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GSE Market Share Hits Post-Conservatorship Low in 4Q

March 17, 2015
John Bancroft
For all of last year, Fannie and Freddie securitization of newly-originated loans accounted for just 65.7 percent of MBS issuance, primarily because declining refi volume...
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Short Takes: So, Who’s The Lucky Captive (REIT) Approved for FHLB Membership? / 23 Responses on the CSP / Fannie Headed Downtown / Comergence Gets New Assignment

March 16, 2015
Paul Muolo and Carisa Chappell
The captive insurer is owned by a REIT, a spokeswoman for the district bank said, but declined to name either.
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The Unhappy Return of GSE Buybacks: A 31 Percent Increase

March 16, 2015
John Bancroft
Despite the sequential jump in buybacks, the fourth quarter total was the second-lowest repurchase amount disclosed by the two...
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MBS Certificate Holders Vote to Terminate Ocwen on $493 Million of Bonds

March 16, 2015
Paul Muolo
Will Ocwen Financial get compensated for the termination?
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Commercial Banks and Whole Loans, What’s the Deal?

March 16, 2015
Brandon Ivey
Bank demand for MBS has increased due to new accounting requirements and a decline in total residential loan production in recent years.
Read More
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Featured Data

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Featured Reports

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