FHFA Wants GSEs to Take a Closer Look at Their Multifamily Lenders August 20, 2018 Carisa Chappell The FHFA wants Fannie and Freddie to institute proper controls and perform monitoring on their multifamily counterparties…Read More
A Real Estate Fintech Takes a Test Drive in Mortgage Banking. Will Others Follow? August 20, 2018 Paul Muolo “Zillow could have done this on a much larger scale. Heck, they could’ve bought Ditech,” said industry consultant Paul Hindman.Read More
When the Going Gets Tough in the Mortgage Industry, the Tough Start Eliminating the 401(k) Match August 20, 2018 Paul Muolo Tough times? Might be time to eliminate the 401(k) match…Read More
Short Takes: More Mortgage M&A / Check Those WARN Act Notices / Accuser Blasts FHFA Sexual Harassment Probe / No Comment from the FHFA August 20, 2018 Paul Muolo Grimes' resume also includes stints at Grant Thornton and Price Waterhouse Coopers...Read More
Declining Refis Take a Bite Out of Fannie/Freddie Business August 20, 2018 John Bancroft Most of the month-to-month slump was at Freddie, where MBS production fell 8.9 percent from June.Read More
Computershare Makes Another Mortgage-Related Purchase: LenderLive Network August 17, 2018 Paul Muolo Two years ago, Computershare Limited bought Capital Markets Cooperatives, one of the largest mortgage co-ops in the U.S., for roughly $71.2 million.Read More
Banks and Thrifts Retreat Slightly from MBS Market in 2Q18 August 17, 2018 John Bancroft Banks still favor Fannie Mae and Freddie Mac pass-through securities, but…Read More
With GSE Single Security Launch Less Than a Year Away, TBA Eligibility Uncertain August 17, 2018 Carisa Chappell Some key regulatory concerns remain unresolved or unclarified, according to SIFMA…Read More
Mortgage Delinquency Rates Down Sharply in 2Q18 August 17, 2018 John Bancroft Meanwhile, the Mortgage Bankers Association this week reported a substantial decline in its seasonally adjusted mortgage delinquency data series.Read More
What We’re Hearing: Two Giants May Change Hands (Or Maybe Not) / Job Cuts at Ditech / Can HL Sell Ditech Fast Enough? / Tom Marano’s Experience with Troubled Shops / CALCAP Bullish on Fix-and-Flip / A Confidential GSE File On… August 17, 2018 Paul Muolo It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…Read More