USDA Securitizations Decline; Freedom Shows Stellar Growth, Thanks to Chase Deal June 14, 2017 George Brooks In the first quarter, Amerihome Mortgage had the largest sequential growth rate in USDA lending.Read More
A Strong (but Balanced) Market for MSR Sales June 14, 2017 Paul Muolo The Ginnie MSR market has been in the tank the past two years, but has revived somewhat this spring…Read More
MBS Investors Hold Their Noses, but Overseas Demand is Robust June 14, 2017 Thomas Ressler One bright spot consists of Japanese investors, which are showing strong growth in dollar-dominated bond holdings…Read More
In Wake of Accounting Problems, Walter/Ditech Discloses ‘Waivers’ From Warehouse Lenders June 14, 2017 Paul Muolo Walter’s warehouse providers include Wells Fargo and Credit Suisse, among others.Read More
Marketplace Lender SoFi Files for Bank Charter. Is an IPO in the Wings? June 14, 2017 Paul Muolo Last year, SoFi received approval to become a Fannie Mae seller/servicer.Read More
Short Takes: Lending to Real Estate Agents? / An Industrial Bank Charter / SoFi’s Purchase of Zenbanx / Apps Rise / C&C Moves Into Reno June 14, 2017 Paul Muolo And a business plan is born: lending money to real estate agents... Read More
Trump-Mandated Report on Regulatory Reform has Treasury Blaming Dodd-Frank for Tight Mortgage Credit June 13, 2017 Paul Muolo The Treasury Department says it’s possible that originations are being stifled by caps on points and fees charged to borrowers.Read More
A Problem: the Successors-in-Interest Provision of the CFPB’s Servicing Rule June 13, 2017 Thomas Ressler The industry is concerned the CFPB rule has the potential to put servicers smack-dab in the middle of some nasty family disputes…Read More
Reverse Mortgage Lending on the Rise Again, but… June 13, 2017 George Brooks American Advisors Group continued to dominate the HECM market, funding $691.0 million of reverse mortgages…Read More
No Mortgage/GSE Reform This Year, Maybe No Bill Either June 13, 2017 Paul Muolo Last month, Federal Housing Finance Agency Director Mel Watt said he’s prepared to allow Fannie and Freddie to build some type of capital buffer to avoid a Treasury draw…Read More
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