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Redwood Taps First Republic, Quicken for Jumbos

July 26, 2017
Brandon Ivey
Only two lenders have consistently provided more than 5.0 percent of the dollar volume in jumbo MBS Redwood has issued this year: First Republic Bank and Quicken Loans.
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MRB Suspends Lender’s Authority to Originate, Service FHA Loans

July 26, 2017
George Brooks
HUD's MRB suspends Seckle Capital.
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Short Takes: Arbitration Rule Gets Whacked/ Peirce Named to SEC (Again)/ Cordray to Ohio (?)

July 26, 2017
George Brooks and Thomas Ressler
The U.S. House of Representatives voted Tuesday overturn the Consumer Financial Protection Bureau’s controversial arbitration rule...
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Early Look at 2Q Lending Reveals Mixed Bag at Big Banks and Bullish Nonbanks

July 25, 2017
Paul Muolo
The nation’s megabanks reveals a mixed bag when it comes to residential originations.
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More Damaging Documents Released Against Government in GSE Lawsuit

July 25, 2017
Carisa Chappell
More emails and memo have been unsealed in favor of Fannie Mae and Freddie Mac shareholder lawsuits.
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House Poised to Overturn Consumer Financial Protection Bureau Arbitration Rule

July 25, 2017
Thomas Ressler
The U.S. House of Representatives is scheduled to vote Tuesday afternoon on whether to overturn the Consumer Financial Protection Bureau’s controversial arbitration rule.
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IG: HUD Note Sales Program Operating With No Formal Procedures

July 25, 2017
George Brooks
An internal watchdog audit alleges that the Department of Housing and Urban Development has been auctioning distressed notes to investors with no formal guidance or procedures in place.
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Ocwen Looking Out for Struggling Homeowners in Miami

July 25, 2017
Carisa Chappell
Ocwen partners with other groups to help prevent foreclosures.
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Fannie Prices $1.4B CAS Deal, Program Remains Strong

July 24, 2017
Carisa Chappell
Fannie's Connecticut Avenue Securities program, launched in 2013, continues to grow.
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Fixed-Rate Loans Dominate Non-Agency MBS

July 21, 2017
Brandon Ivey
By comparison, ARMs accounted for less than 1.0 percent of total prime non-agency MBS issued in the first quarter.
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