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Short Takes: To Fire Cordray, or Not to Fire Cordray, That is the Question / Just Run for Governor / Dr. Carson’s Advisors Include… / Quicken’s Gilbert: DOJ is ‘Out of Control’

January 11, 2017
Paul Muolo and Thomas Ressler
Cordray, of course, could just nip this in the bud right now, resign and start his run for governor of Ohio…
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Short Takes: Gain-on-Sale Let-down? / About Those MSR ‘Marks’... / Ocwen Attorney Joins Philly Law Firm / Go with the ‘Waterfall’ / Vegas-Based Lender Hires Sales Chief

January 10, 2017
Paul Muolo and Brandon Ivey
As gain-on-sale margins decline, MSR marks will rise...
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Non-QM Originator LendSure Lays Out its Plan for Growth

January 10, 2017
Brandon Ivey
LendSure is licensed in 12 states, with approvals pending in seven more…
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HSBC Hit with $33 Million Fine Over Flawed Foreclosures

January 10, 2017
Thomas Ressler
As part of the settlement, the OCC lifted certain business restrictions that had been placed on HSBC…
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HUD Makes It Official: Annual MIP Will be Cut by 25 BP on Jan. 27

January 9, 2017
Paul Muolo
The change – whose likelihood was first reported by Inside Mortgage Finance last Thursday – affects new loans with a closing/disbursement date of Jan. 27, 2017.
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Tozer on Ginnie Mae MBS Demand: ‘I Wish I Could Make More’ [Securities]

January 9, 2017
Paul Muolo
Presently, Japan is the volume leader in Ginnie ownership at roughly $204 billion…
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Carson’s Inexperience Could be Front and Center at HUD Confirmation Hearing

January 9, 2017
George Brooks
One big positive for lenders: the mortgage industry could see a reduction in new rule-making from HUD and perhaps a reversal of certain regulations promulgated during the Obama administration.
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HUD Trims FHA MIP by 25 BPs. But Can (and Will) Trump Block It?

January 9, 2017
Paul Muolo
Why the change of heart? For most of last year, HUD and FHA officials nixed the idea of cutting the premium…
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Short Takes: FHA Premium Cut Has Negative Impact on MI Stocks / Carson Should Expect a Lot of Questions on the MIP / Of Mortgages and Brains / FHLBs Get More Flexibility on Collateral

January 9, 2017
Paul Muolo and Carisa Chappell
Mortgage insurance stocks aren't have a good day. Blame the FHA MIP cut?
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Angel Oak Gears Up for New Non-Agency MBS, While PIMCO and Citadel May Tap the Market Later in 2017

January 6, 2017
With two of the nation’s largest originators of nonprime and non-qualified mortgages hoping for a record production year in 2017, the mostly anemic securitization market for these types of credits could receive a real boost. But the big question remains: how much will the two firms – Angel Oak Mortgage Solutions and Citadel Servicing Corp. – tap the MBS market? In 2016, the Irvine, CA-based Citadel funded...
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Latest Imf News

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Featured Data

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