MSR Sales Were Slow in 3Q18, but Pace May Quicken as Yearend Approaches October 2, 2018 Paul Muolo One fact that all dealmakers can agree on is that MSR pricing is the best it’s been all decade…Read More
One Reason FHA Premiums Won’t be Cut? Slow Servicers… October 2, 2018 Paul Muolo In 10 cases, the servicing process was delayed by more than two years...Read More
GSE Shareholders Take Solace in Partial Win Against FHFA, Treasury October 2, 2018 Carisa Chappell Investors Unite: “Lamberth’s ruling does not mean reimbursement checks are on the way…”Read More
Short Takes: Top-Ranked Subservicer Hires Nonbank Execs / Soon to be One: Ocwen and PHH / NAR Bolsters its Government Affairs Staff / One Criticism of Jeb / California, the Golden GSE State October 2, 2018 Carisa Chappell and Paul Muolo One criticism of Hensarling is that his conservative ideals prevented him from shaping a consensus bill to reform Fannie Mae and Freddie Mac...Read More
Bank MSR Values the Highest They’ve Been Since 2007 October 1, 2018 John Bancroft Banks valued these servicing rights at $46.4 billion, $5.6 billion more than in March…Read More
Inspector General Wants FHFA to Better Utilize Fannie, Freddie Fraud Reports October 1, 2018 Carisa Chappell The IG said there’s no specific methodology for fraud detection and reporting…Read More
Top-Ranked Wholesaler Unveils New Leadership Structure October 1, 2018 Paul Muolo Plaza Home is growing its renovation loan and reverse lending businesses...Read More
Just Days Away From Closing on PHH Deal, Ocwen Sees a Former Executive Charged with Insider Trading October 1, 2018 Paul Muolo During his tenure at Ocwen, Ziengenfuse was in charge of managing the company’s “strategy” with Fannie Mae, Freddie Mac and Ginnie Mae receivables, the SEC said.Read More
Short Takes: Senators Want CFPB Official Fired / A Plea to Stop the Agency’s Reorg / Sen. Warren Drops Hint on White House Run / Watt’s Tenure? / A New Director at Altisource October 1, 2018 Paul Muolo Sen. Warren has been dropping hints that she may run for president in 2020...Read More
FHA Not Sure it Will Extend the New ‘Second Appraisal’ Policy on HECMs October 1, 2018 George Brooks Appraisal bias remains a primary concern…Read More
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