Cowen: White House Doesn’t Favor Killing Fannie and Freddie March 15, 2018 Paul Muolo September will mark the 10-year anniversary of the government placing Fannie and Freddie into conservatorship..Read More
Impac’s Share Price Clocked After Reporting a Huge Loss for 4Q17 March 15, 2018 Paul Muolo Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…Read More
Short Takes: Union Bank Really Likes HELs / Falling Rates or a Head Fake? / BRAWL is Taking Down Names and Handing out Report Cards / Impac Executive Gets an Additional Title March 15, 2018 Brandon Ivey and Paul Muolo Rates are falling once again but don't pop the champagne quite yet...Read More
FHFA Auditor Said Better Oversight Needed For GSE High-LTV Home Purchase Programs March 15, 2018 The Federal Housing Finance Agency’s auditor concluded that Fannie Mae and Freddie Mac low-downpayment programs had a high compliance rate but fell somewhat short when it came to ensuring the homeowner education component was met.Read More
Subservicing Volumes Begin to Ebb but Long-Term Prospects Look Good March 14, 2018 Paul Muolo At the end of the fourth quarter, Cenlar ranked first among all subservicers…Read More
The Final Tally for 2017: $251 Billion of FHA Loans March 14, 2018 George Brooks California led all states in FHA mortgage securitization with $39 billion…Read More
Short Takes: Should the GSEs Use ‘Alt’ Credit Scores? / A Good Chance of Passage? / Ben Carson Heading Home? / An MPF Milestone / A New Hire for SLK Global March 14, 2018 Paul Muolo Will Department of Housing and Urban Development Secretary Ben Carson be the next Trump cabinet member to depart?Read More
New Disclosures Show that Fannie and Freddie Keep Adding Workers March 13, 2018 Paul Muolo Both companies have been solidly profitable since earlier in the decade…Read More
Fannie Ready to Dump Almost $2B of RPLs March 13, 2018 Paul Muolo The auction is being marketed in collaboration with Citigroup... Read More
Banks Continue to Invest in First Liens; Holdings Up 4.1 Percent March 12, 2018 Brandon Ivey Wells remained the top portfolio holder at the end of 2017, though Chase and BofA grew faster.Read More