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VA Servicing Continues to Grow at a Nice Clip

April 25, 2018
John Bancroft
Don’t look now, but Ginnie Mae MBS outstanding is approaching the $2 trillion mark…
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PHH’s CEOs Took Home (Combined) $5.26 Million in Compensation Last Year

April 25, 2018
Paul Muolo
Crowl’s base pay for 2017 totaled $554,808 while Messina’s came to $485,962.
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VA-Based Nonbank Lender Reveals Data Breach

April 25, 2018
Brandon Ivey
WEI is based in McLean, VA and owned by Arc Home, which in turn is controlled by funds under the management of Angelo, Gordon.
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The FHA Share of Mortgage Complaints Filed with the CFPB: 13 Percent

April 24, 2018
George Brooks
According to the CFPB’s annual report on consumer disputes, the bureau received roughly 37,300 mortgage complaints in 2017...
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A Trio of Prime Non-Agency MBS Deals Ready to Hit the Market

April 24, 2018
Brandon Ivey
Loans in Chimera’s forthcoming deal were underwritten to guidelines established separately by Bank of America, Caliber Home Loans and Quicken…
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VA’s Plan to Make VALERI a Fully Operational AUS Well Underway

April 23, 2018
George Brooks
One of the goals of the conversion project is to improve program performance…
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Jumbo MBS Underwriting Holds Steady, Banks Remain Top Contributors

April 23, 2018
Brandon Ivey
Some $4.23 billion of prime jumbo MBS was issued in the first quarter of 2018, the best showing since 1Q15…
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M&A Mania is Hitting the Mortgage Vendor Market

April 23, 2018
Paul Muolo
Earlier this month, Stone Point Capital bought due diligence advisor American Mortgage Consultants for an undisclosed sum…
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PennyMac Executive Chairman Stan Kurland Took Home $9.5M in 2017

April 23, 2018
Paul Muolo
Last year, PennyMac, a publicly traded real estate investment trust, earned $102.5 million in 2017, a 35 percent improvement from the year before.
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Stars May be Aligned for Strong Profits at Fannie and Freddie

April 23, 2018
Paul Muolo
Both GSEs likely will be “winners” when it comes to hedging their derivative positions simply because interest rates were higher at March 31 compared to yearend.
Read More
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