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GSEs Consider Expanding Scope of Common Securitization Platform

May 7, 2013
John Bancroft
The GSE "common securitization platform" is under construction and already potential add-ons are being discussed, including a loan acquisition module.
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Nationstar to Buy Direct-to-Consumer Lender, Increases Flow MSR Goals

May 7, 2013
Paul Muolo
Nationstar Mortgage is getting serious about the origination business. On Tuesday it revealed plans to purchase a high-volume call center operation.
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Servicer Advance Securitization is Growing but Concerns Persist

May 7, 2013
Brandon Ivey
The market for securities backed by servicer advances is red hot, but S&P says investors face risks.
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Caliber Enters the Correspondent Channel, Taps PennyMac Executive

May 7, 2013
Paul Muolo
Caliber Funding sees a huge opportunity in correspondent lending.
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Short Takes: Industry Wants Lower GSE Loan Limits / FirstREX Will Take Equity in a Home / Cramer Likes Ellie / United Guaranty on a Roll / About that FHA Premium Promise…

May 7, 2013
George Brooks and Paul Muolo
The mortgage industry wants lower Fannie Mae/Freddie Mac/FHA loan limits. But will it happen?
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MBA Pushes for Single GSE MBS With New G-Fee Structure

May 6, 2013
John Bancroft
The game is on: MBA wants a single GSE security and will lobby aggressively on the issue.
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Nationstar Launches $1.375 Billion Debt Offer, Mentions Suspension of Foreclosures

May 6, 2013
Paul Muolo
Business must be good for Nationstar Mortgage. The fast growing servicer is trying to pull off a huge debt swap.
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FHFA Limits GSEs to Only ‘Qualified Mortgages,’ So Long Interest-Only Loans

May 6, 2013
Charles Wisniowski
It's official: Come January of next year, Fannie Mae and Freddie Mac will only be able to purchase qualified mortgages.
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Steadfast Wants to Help Nonbanks Raise Capital / Stevens Seeks a Dialogue with FHFA on New Regs / BofA (Sort of) Comments on MSR Sale / Daurio Continues Hunt for Subprime Cash / GSE MF Worthless?

May 6, 2013
Paul Muolo and Charles Wisniowski
A new investment banking firm wants to help nonbanks raise capital.
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Agency MBS Production Up Slightly in April, Market Still Far Ahead of Pace in Early 2012

May 3, 2013
Fannie Mae, Freddie Mac and Ginnie Mae pumped out a respectable $152.3 billion in new single-family MBS in April, according to a new Inside MBS & ABS market analysis and ranking. April’s issuance level was up 2.6 percent from March and reversed, at least temporarily, a two-month downturn in new production. The cyclical peak for the agency MBS market came back in November 2012, when a whopping $199.4 billion in new securities were issued. Although the market couldn’t sustain...[Includes one data chart]
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