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Subservicing Sector Continues to Grow at a Steady Clip as States Act as ‘Mini-CFPBs’

December 11, 2018
Paul Muolo
Gordon Albrecht of FCI said he’s not surprised the subservicing sector is doing well “because of all the states that keep adding regulations.”
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Retail Lost Share in Major Product Groups

December 11, 2018
John Bancroft
However, retail remains king of the jumbo sector…
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One GSE Shareholder Speaks Up: Calabria Will be Constrained in His Mission to Dissolve Fannie and Freddie

December 11, 2018
Paul Muolo
James Fenkner says Calabria will be “constrained in his mission to dissolve Fannie and Freddie.”
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Short Takes: The Six Horsemen of the GSE Apocalypse / If You Have to Ask, You’re in Trouble / G-Fees Hold Steady / Plaza Home’s New Tag Line / NAMB Giving Away Software for Free

December 11, 2018
Paul Muolo
NAMB is giving away free software...
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Banks Gain on ‘Servicing for Others,’ MSR Valuations Rise

December 10, 2018
John Bancroft
At Sept. 30, banks and thrifts serviced $3.627 trillion of residential mortgages for others…
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REIT Investments in GSE CRT Deals Could Surge

December 10, 2018
Dennis Hollier
Fannie and Freddie addressed that problem by beginning to structure CAS and STACR transactions as real estate mortgage investment conduits – which REITs can buy more freely.
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Caught in the Market’s Down-Draft: Texas Capital, the Nation’s Second Largest Warehouse Provider

December 10, 2018
Paul Muolo
The warehouse lending sector has experienced a noticeable decline in profit margins…
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New MBA President Broeksmit Toes the Party Line on GSE Reform

December 10, 2018
Paul Muolo
The MBA chief also makes it blatantly clear that he is no fan of any “recap and release” proposals for the government-sponsored enterprises either...
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Last Gasp of Housing Finance Reform: A Cancelled Hearing

December 7, 2018
Rep. Jeb Hensarling, R-TX, had planned to finish his House career with a hearing on housing-finance reform focusing on a bipartisan plan that could get new legs in the next Congress.
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Freddie to Buy Broad Range of Mortgages on Factory-Built Homes

December 7, 2018
Under a new pilot program announced last week, Freddie Mac will purchase mortgages on manufactured homes at the same low rates available for traditional site-built homes.
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