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Shareholders in Altisource Warn of Conflicts of Interest with Former Chairman Erbey

February 18, 2016
Brandon Ivey
The shareholders demanded that a planned large acquisition of single-family homes by Altisource be halted...
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FHFA Chief Watt Beginning to Sweat 2018 When the GSEs Run Out of Capital

February 18, 2016
Paul Muolo
In particular, Watt expressed his concerns about January 1, 2018 when Fannie and Freddie – as promulgated by the U.S. Treasury – are forced to have a capital “buffer” of zero dollars.
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Short Takes: Why GSE Hiring is on the Rise / When is Don Layton Leaving Freddie? / Ellington Accelerates Non-QM Loan Buys / No, Says FHA / Stonegate Hires Former NovaStar Official

February 18, 2016
Paul Muolo, George Brooks, and Brandon Ivey
Shrinkage? Thanks to the CSP, changes in reps and warrants, cyber security and more, Freddie Mac continues to hire new workers...
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REIT Moves to Increase Funding Options by Launching Its Own Broker-Dealer

February 18, 2016
Brandon Ivey
The REIT's new broker-dealer unit is now fully staffed and is in the regulatory application process...
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Plenty of Talk About Mortgage M&A; RPM Mentioned as a Buyer, but Will Refis Slow or Increase the Probability of Deals?

February 18, 2016
RPM Mortgage has acquisitions on its mind once again and could be an aggressive buyer of other lending shops this year, according to industry advisors – if only falling interest rates didn’t get in the company’s way. It was originally thought that 2016 could be a robust year for mortgage mergers-and-acquisitions activity, but tumbling interest rates are making some owners think twice about selling – or getting picky about what they’re willing to take. For buyers, the best time to pounce is...
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The GSEs' HARP Program: Going, Going, Just About Gone?

February 17, 2016
John Bancroft
What might replace the GSEs' HARP program? Maybe nothing...
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The Final Tally on FHA Originations: Up 77 Percent in 2015. Credit the MIP Cut?

February 17, 2016
George Brooks
Thanks to the MIP cut, it was FHA's best year since 2010.
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REIT Rethinks Jumbos: Hatteras Will Reduce Presence in the Market

February 17, 2016
Brandon Ivey
At Hatteras Financial jumbos are "out" and mortgage servicing rights are "in"...
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Gone but Not Forgotten: Ocwen Founder Erbey Controls 17 Percent of the Company

February 17, 2016
Paul Muolo
Bill Erbey controls blocks of Ocwen's stock in his own name, but also through limited partnerships and limited liability corporations.
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Warehouse Provider’s New ‘Mortgage Correspondent Aggregation’ Business Experiences Turbulence

February 17, 2016
Paul Muolo
Texas Capital said the economics of the program are not as strong as originally projected...
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Latest Imf News

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Featured Data

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