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loanDepot Delays IPO, Citing Market Conditions; Sources Question Valuation

November 12, 2015
Paul Muolo
On Thursday, Inside Mortgage Finance quoted one source as saying loanDepot’s valuation is “a bit aggressive.”
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The CFPB is the Real RESPA Threat, Attorney Charges

November 11, 2015
Thomas Ressler
Mortgage lenders now have to be careful about how they draft an MSA, even if the industry’s preexisting forms are mostly similar from one law firm to another.
Read More

Fannie and Freddie: A Tale of Two Different G-Fees

November 11, 2015
John Bancroft
Fannie and Freddie passed through of $661 million of g-fee money in the third quarter, up 4.6 percent from 2Q...
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No Flurry of ‘Bulk’ Servicing Deals This Time Around?

November 11, 2015
Paul Muolo
Meanwhile, mortgage servicing values have firmed up the past month, thanks to the recent rise in interest rates...
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SFIG Unveils New ‘Green Paper’ on Non-Agency MBS

November 11, 2015
Brandon Ivey
One of the new model reps addresses the Consumer Financial Protection Bureau’s ability to repay rule and standards for qualified mortgages.
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FHFA Unveils Large Expansion of Areas Where Community Groups Get First Crack at REO

November 11, 2015
Carisa Chappell
The goal of the program is to help stabilize neighborhoods that were hardest hit by the real estate downturn by letting local community organizations review and purchase foreclosed properties first.
Read More

Short Takes: Sen. Ted Cruz Wants to Kill HUD / A New 52-Week Low for Altisource Asset Management / Fannie Mae’s HQ Finally Hits the Market / NMI Gets Senior Secured Loan / The Fastest-Growing Servicers Among Us

November 11, 2015
Carisa Chappell and Paul Muolo
Sen. Rand Paul, R-KY, said he would not touch the mortgage interest deduction, but Dr. Ben Carson wasn't as friendly...
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One Month-Plus Into TRID: Fear of Disclosing Buyer Info and Complaints About the Great ‘Time Suck’

November 10, 2015
Paul Muolo
Bill Dallas of Skyline Lending said TRID preparation usurped all other projects...
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Five Oaks Takes Small Loss in 3Q, Runs into Delays on FHLBank Funding

November 10, 2015
Brandon Ivey
Five Oaks is approved to borrow up to $500 million in FHLBank advances.
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Warehouse Commitments Held Steady in Third Quarter, Pressure on Usage

November 10, 2015
Paul Muolo
Among the firms that have reported their figures to Inside Mortgage Finance are Southwest Bank, which had commitments of $563 million at Sept. 30...
Read More
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