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Investors Unite Chief Loses Argument to Inspect Freddie Mac’s Records

September 6, 2016
Carisa Chappell
IU’s Tim Pagliara owns roughly 346,000 shares of Freddie’s junior preferred stock, according to court documents.
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‘Value’ Hedge Fund Kingstown Cuts Stake in Ocwen Financial

September 6, 2016
Paul Muolo
Kingstown is known as a value-oriented hedge fund, with roughly $1.5 billion of assets under management.
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New CFPB Rule on Servicing May Actually be Good in Some Ways

September 2, 2016
Brandon Ivey
Although the new requirements could prompt an increase in costs, analysts said a new requirement aimed at increasing the number of times troubled borrowers are evaluated for loss mitigation will be particularly helpful in certain states…
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Going, Going but Not Quite Gone: GSE Buyback Demands

September 2, 2016
John Bancroft
The GSE buyback total was down 20.6 percent from the first quarter…
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What We’re Hearing: MBA’s Dave Stevens Said What? / But First, an Explanation / The MID Costs but it Also Creates Jobs. Sort That One Out / Militant Backers of the Tax Deduction

September 2, 2016
Paul Muolo
Proponents of the mortgage interest tax deduction point out that the real estate and mortgage industries employ thousands upon thousands of workers with spillover to other sectors...
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Can PHH Be Sold Before More Problems Surface?

September 2, 2016
Paul Muolo
In a recent SEC filing, PHH disclosed that the bloom is now off the rose when it comes to being a private-label vendor…
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HUD Offers $1.7 Billion of NPLs; Auction Marks First ‘Set-Aside’ for Non-Profit Bidders

September 2, 2016
Brandon Ivey
HUD has been criticized by consumer advocates who feel the agency's NPL auctions have unfairly benefitted private equity firms and hedge funds at the expense of troubled borrowers.
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TRID Compliance Issues Disclosed on New Nonprime MBS from Angel Oak, Deephaven

September 1, 2016
Brandon Ivey
The originators believe they made a good-faith effort to address all TRID violations through the issuance of revised disclosures…
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HUD Updates Single-Family Property Disposition Regulations

September 1, 2016
George Brooks
The codified changes include limiting the provision of settlement-cost assistance to owner-occupants.
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A Major Headache in Progress: A Shortage of Appraisers

September 1, 2016
Brandon Ivey
Appraisals are running 15-20 days out due to the busy market, said a real estate agent in Michigan…
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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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