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Inside the CFPB
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Glen Corso, EVP of NMI, Bolts Startup to Relaunch MBI

March 12, 2014
Paul Muolo
"I'm pulling my old firm out of the mothballs," Glen Corso told IMFnews.
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FHFA Not Much of a Threat to PACE ABS?

March 11, 2014
Brandon Ivey
The FHFA said the government-sponsored enterprises’ uniform mortgage documents prohibit PACE financing with lien priority over the mortgage.
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Is the White House Sitting on a Goldmine Called Fannie and Freddie?

March 11, 2014
Charles Wisniowski
Even though the Johnson-Crapo bill has no future outside of the Senate, one thing is certain regarding Fannie and Freddie: the two will continue to earn a ton of money going forward.
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Short Takes: Johnson-Crapo Bill Almost Final and All the World Yawns / High-Cost Loan Limits Remain / MountainView and IMA Stay Active in MSR Market / What’s Google Really Up to With Auction.com?

March 11, 2014
Paul Muolo, Brandon Ivey, and Charles Wisniowski
Stop the presses! The Johnson-Crapo bill is almost ready! Really! Of course, it's going nowhere in the House.
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With Fifth Third Exiting Broker Channel, All Eyes are on Flagstar

March 11, 2014
Paul Muolo
According to exclusive figures compiled by Inside Mortgage Finance, once Fifth Third departs, there will be just two depositories in the top 10: Flagstar and U.S. Bank.
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Fannie and Freddie Must Now File SARs With FinCEN

March 10, 2014
Charles Wisniowski
The new regulations seek to streamline the reporting process and provide more timely access to data about potential fraud.
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Equity Loans Now in Wholesale, Will Take Advantage of Bank Departures

March 10, 2014
Paul Muolo
According to exclusive survey figures compiled by Inside Mortgage Finance, loan brokers accounted for 9.8 percent of all originations in the fourth quarter, a slight improvement from the 9.6 percent market share reading in the third quarter.
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OCC Warns of Volatility in Mortgage Profits

March 10, 2014
Brandon Ivey
The new version incorporates lessons learned from the financial crisis of 2008 along with contemporary concerns about mortgage originations and servicing.
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HUD Seeks Authority to Assess Lenders for Upgrades to FHA Quality Control

March 7, 2014
John Bancroft
The fee assessed by FHA would cost lenders roughly $30 million a year, or $23 per loan, according to calculations done by Inside Mortgage Finance.
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Cracks in the Façade of a Once Promising Market: Securities Backed by Single-Family Rental Property

March 7, 2014
Although investors and participants initially showed a great deal of interest in the fledgling market for bonds backed by single-family rental properties, rating agencies are starting to take a closer look at the business and don’t like everything they see. “Rising U.S. home prices have pushed down rental yields in many single-family rental markets, a trend that will likely discourage some institutional investors from buying distressed properties and converting them into rental units,” according to a recent report from Moody’s Investor Service. The rating agency adds...
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