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Carl Icahn Calls for United Guaranty to Be Separated Out From AIG

October 29, 2015
Paul Muolo
Among other things, Icahn mentions a "changing and potentially punitive regulatory framework..."
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Short Takes: Looser Condo Rules from FHA? / Sterne Agee Not Optimistic on Nationstar / Some Good News from Ocwen (Sort of) / Strong CRE Volume from Auction.com / The Sky is Falling: the Fed May Hike Rates

October 29, 2015
Paul Muolo
There was some good news from Ocwen: the company earned $44.2 million from servicing sales...
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Mortgage Complaints in the Windy City on Par with National Average

October 28, 2015
Thomas Ressler
Of the 21,100 complaints submitted by consumers in the region, 27 percent have been related to mortgages.
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Earnings and Production Drop at EverBank; MSR Sale to Nationstar Pending

October 28, 2015
Paul Muolo
The sale of mortgage servicing rights to Nationstar should transfer by Nov. 1.
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FHFA Rule on ‘Captives’ and FHLB Could End in a Compromise

October 28, 2015
Paul Muolo
Although the FHFA received more than 1,300 comments on proposed changes to its membership rules, it has yet to issue a final regulation.
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Agency MSR Deals from Prestwick and Phoenix Capital

October 28, 2015
Paul Muolo
“The flow market remains consistent with pricing, while the bulk market ebbs and flows with the 10-year and mortgage spreads,” said Tom Piercy of Interactive Mortgage Advisors.
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Lenders Get Ready: Hispanic Borrowers Could Provide a Surge in Originations

October 28, 2015
Carisa Chappell
In addition to alternative credit scoring models and low downpayment products, panelists suggested more public/private partnerships are needed to create affordable housing communities.
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Short Takes: Will Ocwen Short-Sellers Get Squeezed? / What Will Faris Say About Origination Growth? / Another Loss for NMI / Guild Sets Origination Record / NYDFS Chief Albanese Departs

October 28, 2015
Paul Muolo
The privately held Guild Mortgage, San Diego, said it funded $10.7 billion in home mortgages through the first nine months of 2015...
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The Final HMDA Tally for 2014: Conventional Conforming the Market Leader, By Far

October 27, 2015
John Bancroft
The privately held Quicken Loans was also the biggest originator of government-insured loans, accounting for 5.7 percent of the sector.
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Radian Profit Jumps 40 Percent in 3Q, a Slight Decline in NIW

October 27, 2015
Paul Muolo
For all of 2015 Radian predicts that it will pay $700 million in net claims, but next year that figure could fall to as low as $400 million.
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Latest Imf News

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Featured Data

  • Solid 4Q Carries 2025 MBS/ABS to $2 Trillion

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Featured Reports

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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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