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Subservicing Contracts Continue to Rise; A 28 Percent Gain YoY

December 28, 2015
Paul Muolo
In a recent report, Freddie Mac economists said subservicing likely will “persist and perhaps grow.”
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Residential Servicers Cut Staffing Levels – But Banks Cut the Most

December 28, 2015
Brandon Ivey
Banks had an average of nearly 500 loans per full-time employee in the third quarter, up from almost 400 at the end of 2014.
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Short Takes: More TRID Snafus: Who Makes the Disclosure? / Electronical Acceptances Key / The Marijuana Trade and Home Prices / Microscopic Changes in Rates / HFH Hires New CIO

December 28, 2015
Paul Muolo and Sherry Muolo
Is the booming marijuana trade in Colorado causing home prices to rise in the Rocky Mountain (High) state? Not necessarily...
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Banks Sharply Reduce Use of ‘Proprietary’ Loan Mods in 3Q15

December 28, 2015
Brandon Ivey
The banks completed 22,459 proprietary mods in the third quarter, down 25.4 percent compared with the previous quarter...
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Will Ginnie Mae Pass Freddie Mac in MBS Outstanding?

December 23, 2015
John Bancroft
Ginnie Mae production topped Freddie Mac’s issuance in 2014 and was comfortably ahead after the first 11 months of this year.
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Time to Stop Blaming TRID for Everything, Including the NAR Sales Figures?

December 23, 2015
Brandon Ivey
Industry analysts didn’t have TRID to blame for the decline in home sales last year. Instead, NAR's Lawrence Yun said the decline was part of a seasonal trend.
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Christmas Comes Early for Lenders: Mortgage Applications Jump

December 23, 2015
Sherry Muolo
A 'Santa Claus' mortgage application rally?
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Subprime Lender Angel Oak May Fund $1 Billion in 2016

December 23, 2015
Paul Muolo
In an interview with IMFnews, John Hsu talked about Angel Oak’s $150 million subprime deal, noting that there is a “huge amount of support for this.”
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FHFA Issues Final Rule on Suspensions Under ‘Counter-Party’ Program

December 23, 2015
Carisa Chappell
The final rule from the FHFA also simplifies the standard for issuing suspension orders...
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White Paper Raises a Thorny Issue: Could Fannie Mae Have Avoided Conservatorship?

December 22, 2015
Carisa Chappell
“It is likely that Fannie Mae could have survived the financial crisis without the intervention of the Treasury,” the authors argue.
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