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Inside The GSEs
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Looks Like a $13 Billion Year for United Wholesale Mortgage

December 2, 2015
Paul Muolo
UWM may soon surpass Stearns Lending to become the largest wholesale-broker lender in the nation...
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Groups Believe ‘Jumpstart GSE Reform Act’ Would Hinder Fannie/Freddie Reform

December 2, 2015
Carisa Chappell
G-fees were tapped in a recent highway transportation bill, but eventually the language was stripped from the measure…
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Mortgage Applications Down Slightly, but No Need to Panic

December 2, 2015
Sherry Muolo
ARM activity continues to be low at just 6.1 percent of new applications.
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Bank ABS Holdings Continued to Shrink in 3Q15

December 1, 2015
John Bancroft
In percentage terms, the sharpest downturn was in home-equity ABS, although this sector represented just 1.6 percent of bank ABS investment and there has been no new production in years.
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CFPB Doubles $$$ Collected from Penalties but Seems Slow in Redistributing It

December 1, 2015
Thomas Ressler
At the CFPB, penalty money comes in, but doesn't necessarily go out very quickly...
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Loan Mod Activity Slowing, Servicers Focusing on Areas with High Unemployment, Affordability Issues

December 1, 2015
Brandon Ivey
Hope Now said 75,969 foreclosure sales were completed in the third quarter of 2015, a 15.0 percent sequential decline and down 30.8 percent compared to 3Q14
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SFR Manager HomeUnion Enters the Brokering Game; GSE Loans on the Menu

December 1, 2015
Sherry Muolo
HomeUnion Lending is licensed to operate in Alabama, Florida, Indiana, Iowa, and Oklahoma, but plans on expanding its reach to 16 more states by the end of March 2016.
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FHA Loan Production Soars; Quicken Dominates Again

November 30, 2015
George Brooks
Quicken Loans once again led the pack in FHA production, funding $3.77 billion in 3Q15, giving the nonbank a market share of 5.14 percent.
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BKFS: Home Prices Up 5.5 Percent for the Year

November 30, 2015
Sherry Muolo
According to Black Knight’s home price index (HPI), the average home value is now $253,000, which is still lower than the June 2006 peak of $268,000.
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Short Takes: Two is the Loneliest (FHA) Number / Three Banks Out of 20 / If You’re Funding $1 Billion or More, Time to Hire an Attorney? / Cross-Selling Under Fire?

November 30, 2015
Paul Muolo
At one point should a mortgage originator hire a full-time attorney to oversee compliance?
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