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Home » Topics » News » Inside FHA/VA Lending

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MSR Market Heats Up, New Auctions from Phoenix, MIAC

June 14, 2018
Paul Muolo
Bank buyers of MSRs favor packages that are at least $2 billion in size…
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Don’t Look Now but Ginnie Servicing Prices are the Best They’ve Been All Decade

June 14, 2018
Paul Muolo
Servicing brokers such as Mark Garland, Steve Harris and Tom Piercy are seeing new entrants to the MSR-buying market…
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Short Takes: Celebrity Wants to be a Player in Mortgage M&A / Commercial Bank Seeks Mortgage Company / Garrett on LO Pay / Genworth Sale Clears a Hurdle / Wells Fargo LO Bolts for Nonbank

June 11, 2018
Paul Muolo
Consultant Joe Garrett: "Salesmen don’t get paid less just because the company didn’t do well..."
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Ginnie Mae Places VA Lenders in Penalty Box for VA Loan Churning, Excessive Prepayment Speeds

June 8, 2018
Ginnie Mae has restricted three issuers from putting VA mortgages in standard multi-issuer MBS pools as it continues to police the ranks for alleged churning activities.
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On the Rise Again: Agency Single-Family MBS Issuance

June 8, 2018
John Bancroft
All three agencies saw gains from April volume with Fannie posting the biggest increase…
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Short Takes: CIT Exits Servicing Business / Hensarling and Godot / Sinking Share Prices for Fannie and Freddie / Who You Calling Small? / Cooper Labs?

June 7, 2018
Paul Muolo
If you’re looking for a barometer on reform legislation passing, just take a peek at the share price of Fannie and Freddie common.
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Ginnie Issues VA Restrictions on Freedom, NewDay and SunWest

June 4, 2018
Paul Muolo
Ginnie said it is issuing these time-sensitive restrictions “in the interest of providing additional clarity and transparency to Ginnie MBS investors…”
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Mortgage Brokers Gain Ground in Government-Insured Market

June 4, 2018
John Bancroft
Correspondent production remained the biggest source of FHA/VA loans, accounting for 53.5 percent of the survey sample…
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Incenter Auctioning Off Corporate Mortgage Shell of SoCal Lender

June 4, 2018
Paul Muolo
The corporate shell includes 27 state licenses…
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Prestwick Selling MSR Portfolio Backed by Healthcare Facilities

June 4, 2018
Paul Muolo
The average loan amount is $10.9 million.
Read More
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