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In Crafting the Deal Agent Concept for Non-Agency MBS, Investors Looked to the GSEs

October 10, 2016
Brandon Ivey
Clayton Holdings is one firm that’s interested in providing deal-agent services to the industry…
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Bank Selling ‘Flow’ Servicing That Could Reach $600 Million a Year

October 10, 2016
Paul Muolo
Based on past production trends of the seller, 52 percent of the loans originated will come through the correspondent channel.
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Short Takes: Wells Fargo, Still the Number One Ginnie Issuer … for Now / Who Will Replace Ibrahim at Radian? / Clayton in the News / The GSE Net Worth Sweep: What did President Obama Know?

October 10, 2016
Paul Muolo
Who will succeed S.A. Ibrahim at Radian? We've heard two names...
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BLS: Mortgage Brokerage Jobs Up, Mortgage Banking Jobs Down

October 10, 2016
Paul Muolo
The hiring picture looks bright for now – at least for mortgage brokerage firms…
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Ginnie Mae Crushed Single-Family MBS Issuance Records in 3Q16

October 10, 2016
John Bancroft
The agency issued a whopping $145.14 billion of single-family MBS during 3Q16…
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Left on the Table by ‘Big Blue’: Promontory MortgagePath and Promontory Interfinancial

October 10, 2016
Paul Muolo
One mortgage insurance official who used Promontory Financial Group in the past described the firm’s work as “excellent,” but noted: “They don’t come cheap.”
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What We’re Hearing: The Best Place for an LO? Answer: At a Nonbank / How Wells Fargo Grades its LOs / Remember FM Watch? / Jump? How High? / Pingora Continues to Buy MSRs / The Revolving Door at Clayton / Wornow and Hughes Land

October 7, 2016
Paul Muolo
Want to make more money? Go work for a nonbank. Want better job security? Work for a depository...
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A Minor ‘Realignment’ at Clayton Holdings: Pollock Named Chief Revenue Officer; Capital Markets Chief Wornow Out

October 7, 2016
Paul Muolo
Radian agreed to buy Clayton in May 2014 for $305 million.
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Redwood Set to Issue Third Jumbo MBS of the Year; New Bond Includes FHLB Loans

October 7, 2016
Brandon Ivey
On average, the loans have seasoned just 1.9 months, one of the fastest turn times for a jumbo MBS in recent years…
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Want ‘Cure’ Provisions in TRID? You’d Better Ask Congress

October 7, 2016
Thomas Ressler
In its proposed rulemaking, the CFPB clearly indicated it was not going to re-open the substance of the rule and address what it considered policy issues…
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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

  • Onity Adjusting MSR Acquisition Strategy, Subservicing

  • Ending GSE Conservatorship by 2028 Looks Unlikely

  • Consumer Advocates Seek Stronger Regulation of HEIs

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

  • Major Lenders Pull Back on ECM MBS in 3Q

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

  • Mortgage Servicing Rights Report: 2Q26 (PDF)

  • Lender Profiles 2Q26: Top 25 (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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