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Short Takes: Worrying About the IRS / NRMLA Talking to Members about the HECM Situation / Most Underwriting Can Continue / Mnuchin’s Future / OCC Hires SBC Attorney

December 31, 2018
Paul Muolo
Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."
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Employee Satisfaction at the CFPB Plunges

December 31, 2018
Yemeng Yang
A CFPB spokesperson said that 2018 was, no doubt, “a tumultuous year of great change.”
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Nonbanks Continue to Build Market Share

December 27, 2018
John Bancroft
Nonbanks among the top 100 reported a mild 0.9 percent drop in new business, while depository institutions saw production fade 4.0 percent.
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Lion Point Capital Declares 50 Percent Stake in Ditech

December 27, 2018
Paul Muolo
The investment banking firm Houlihan Lokey has been fielding offers for Ditech…
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Surprise: Production-Related Activity Saw Profit Boost in 3Q18

December 27, 2018
John Bancroft
However, servicing income was down substantially…
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FHFA Nominee’s Past Comments Could Come Back to Haunt Him (With Democrats at Least)

December 26, 2018
Dennis Hollier
As the former director of financial regulation studies at the Cato Institute, Mark Calabria brings a decidedly libertarian perspective to housing finance.
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CFPB Details HMDA Data Fields That will be Released Publicly, Opts for Borrower Privacy

December 26, 2018
Brandon Ivey
The loan originator’s unique identifier assigned by the Nationwide Mortgage Licensing System and Registry will not be disclosed publicly…
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GSE Seller Buybacks Hit Record Low, Uptick in Unresolved Claims

December 26, 2018
John Bancroft
Buybacks by GSE seller/servicers set a new quarterly low…
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Short Takes: Trouble Ahead for FHA? / Steve Mnuchin’s Christmas Eve Massacre / Significant Players in the Mortgage Market / Who Knows / Who Put the Thought in the Treasury Secretary’s Head? / Craig Phillips Rising? / A New Hire for StoneHill

December 26, 2018
Paul Muolo
Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…
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Rising Rates May Limit Access to GSE Loans for High-DTI Applicants

December 21, 2018
Even a relatively modest increase in interest rates is likely to have a disproportionate impact on the ability of high debt-to-income households to qualify for GSE loans, according to a recent report by Wells Fargo Securities Structured Products Research.
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Latest Imf News

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