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Inside Mortgage Trends
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FHFA Maintains ‘Cone of Silence’ on Captive Insurers and FHLB Membership

July 8, 2015
Paul Muolo
Dave Stevens, president of the Mortgage Bankers Association, said he doesn’t know which way the FHFA will decide on the topic...
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Mortgage Co-ops Losing Their Allure Thanks to Free GSE AU?

July 8, 2015
Paul Muolo
There are three major cooperatives that serve as middlemen between lenders and various counterparties: Lenders One, Capital Markets Cooperative and The Mortgage Collaborative.
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Wingspan, Specialty Servicers Felled by Falling Delinquencies

July 7, 2015
Paul Muolo
In short order, Wingspan faces a dilemma that many of its peers are facing: rapidly improving real estate values are snuffing out delinquencies and draining the supply of problem loans.
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Investors Keeping MBS – For Now? Worries About Greece, China, PR?

July 7, 2015
Paul Muolo
The highest reading of the year came in January, $245.9 billion, a time when interest rates were still declining.
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Short Takes: Is SF in a Housing Bubble? / If You’re Going San Francisco, Bring Lots of Money for that Hotel Room / Some Think It’s Easy to Get a Mortgage / Rates Fall / BOK Hires Fifth Third Executive to Head Mortgage Unit

July 7, 2015
Carisa Chappell, Paul Muolo, and Sherry Muolo
According to a new consumer survey from Fannie Mae, 63 percent of consumers think that now is a good time to buy a home, tying a survey low...
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Retail Channel Played a Key Role in 2Q Business Surge at Fannie and Freddie

July 6, 2015
John Bancroft
The rise in retail market share likely reflects the fact that smaller lenders, which are more likely to do retail lending exclusively, account for a growing share of GSE business.
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Mortgage Hiring Keeps Apace, But: No More Weekends Off

July 6, 2015
Paul Muolo
Savitt noted that some lenders don’t want to staff up too much “only to have to lay off workers later on.”
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‘Marriage Equality’ Passes, But Will It Have Any Effect on Mortgage Production?

July 6, 2015
George Brooks
In addition, 25 percent of all LGBT survey respondents said they plan to purchase real estate in the next three years.
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Good News for Lenders: Cash Purchases Lowest Level Since November 2009

July 6, 2015
Paul Muolo
RealtyTrac noted that the peak for cash deals came in February 2011 at 42.2 percent of all transactions.
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The Affordable (and Not So Affordable) Markets

July 3, 2015
About 90 percent of the housing markets in the U.S today are considered affordable, according to RealtyTrac. Speaking at a recent real estate conference in Miami, RealtyTrac Vice President Daren Blomquist said places like San Diego and Seattle are on the threshold of exceeding their historic affordability. …
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