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Short Takes: CFPB’s Richard Cordray: I’m Listening / Trade Group Chiefs Weigh In on TRID / Denmark Dixon, Walter’s $6 Million Man / White House’s Stegman on GSE Reform / New Hires for Lender Live

April 7, 2016
Paul Muolo and Carisa Chappell
White House advisor Michael Stegman: It's not easy building a government corporation...
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Five Oaks Won’t Renew $125 Million Repo Line With CS. Line Used to Buy Jumbos

April 7, 2016
Paul Muolo
The Five Oaks stock – which trades for roughly $5.65 a share – carries a hefty yield of 12.86 percent.
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Doesn’t Sound Like RoundPoint Mortgage is for Sale Anymore

April 7, 2016
Paul Muolo
At yearend, RoundPoint had $14.9 billion in subservicing contracts. It now has almost $22 billion.
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GSE MBS Issuance Takes a Breather in 1Q16; Refis Head North Again

April 7, 2016
John Bancroft
There was a modest 1.8 percent increase in refinance business, and refi loans accounted for over half (52.1 percent) of GSE business in the first quarter – the first time refi activity exceeded purchase lending since early last year.
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1Q16 Has Ended. A Good Quarter for Most or More Servicing Markdowns?

April 7, 2016
Paul Muolo
Dallas, who has been a mortgage banker since the 1980s, added that earlier in the year Skyline “battened down the hatches…”
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A Different Type of Housing Crisis: A Coming Shortage of Qualified Appraisers?

April 7, 2016
Carisa Chappell
Of considerable concern is the shortage of appraisers in specific markets.
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Short Takes: Discover, Liking Mortgages Again? / This Wouldn’t Happen at Yale! / WWWD? (What Will Watt Do?) / Now the Consumer Has the Upper Hand? / Stonegate Hires Alumnus

April 6, 2016
Paul Muolo and Carisa Chappell
FHFA chief Mel Watt is expected to issue a final decree this month…
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PulteGroup CEO Set to Retire After Founder/Former Chairman Threatened ‘War’

April 6, 2016
Brandon Ivey
Pulte raised concerns about the way PulteGroup is being managed, including the relocation of the company’s headquarters from Detroit to Atlanta in 2013.
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A Ton of Servicing Deals Hit the Auction Calendar. Can They All Get Done?

April 6, 2016
Paul Muolo
One servicing broker had this to say about the all the new offerings: “There’s a lot of deals out there now – and they seem to be getting done.”
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Equifax, Experian Top the CFPB Complaint List; Mortgage Gripes Down

April 6, 2016
Thomas Ressler
Total gripes to the bureau slid 5.0 percent in the first quarter and were off 3.0 percent on an annual basis...
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Latest Imf News

  • Agency MBS Issuance Declines in October

  • loanDepot Losses Tick Up in 3Q

  • Former Ginnie Leaders Call for Liquidity Backstops

  • Jumbo Borrowers Need to Reset Rate Expectations

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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