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MBS Investors Call for Feds to Set Minimum Standards for Non-Agency MBS

November 30, 2015
Brandon Ivey
Monique Rollins, deputy assistant secretary for the Treasury Department’s Office of Capital Markets, said the Treasury supports industry-driven efforts.
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Short Takes: Two is the Loneliest (FHA) Number / Three Banks Out of 20 / If You’re Funding $1 Billion or More, Time to Hire an Attorney? / Cross-Selling Under Fire?

November 30, 2015
Paul Muolo
At one point should a mortgage originator hire a full-time attorney to oversee compliance?
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Baseline Conforming Loan Limit for GSEs will Remain at $417,000 Next Year

November 25, 2015
Carisa Chappell
High-cost loan limits for Fannie Mae and Freddie Mac will increase in 39 counties next year, up to a maximum of $625,500.
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Servicing ‘Marks’ Ugly in 3Q, but It’s All in the Rearview Mirror, Right?

November 24, 2015
Paul Muolo
All of the red ink spilled on MSR marks in the third quarter will be reversed and turned into gains when servicers report their results early next year? “Generally, that’s correct,” said one mortgage CEO.
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CFPB Inspector General Has Five Agency Assignments Slated for 1Q16

November 24, 2015
Thomas Ressler
First on the IG's "to-do" list is an audit of the CFPB’s space-planning activities, largely in response to the bureau’s renovation of its headquarters building.
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It’s Thanksgiving Week but the MSR Auctions Keep Coming

November 24, 2015
Paul Muolo
The average loan size is $15.36 million, the average interest rate 3.60 percent.
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Short Takes: Finance of America Joins MBA / Freddie Mac Bullish on Subservicing / Servicing Rights: An Unstable Asset / Investors Unite to Meet TBTF Party Goers in Miami Beach

November 24, 2015
Paul Muolo
Freddie notes, “The volume of specialty servicing may shrink as the number of legacy loans dwindles, but specialty servicing is likely to remain an active part of the mortgage servicing industry…”
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Is a Cut in Fannie/Freddie Guaranty Fees in the Cards for 2016?

November 24, 2015
Brandon Ivey
Barclays believes there is both an economic argument and a policy argument for reducing GSE guaranty fees…
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Freddie Mac: Regulation Could Re-Ignite Consolidation of the Servicing Market

November 24, 2015
Brandon Ivey
"Many servicing functions resemble the assembly line processes used in auto manufacturing," said a new report from Freddie Mac.
Read More

IMA Working on MSR Deals that Could Net Almost $3B of Flow and Bulk

November 24, 2015
Paul Muolo
It may be holiday week, but Interactive Mortgage Advisors is out with a handful of new MSR offerings...
Read More
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