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The Coming HMDA Challenge: Accurately ‘Capturing’ Mortgage Data

November 6, 2015
Thomas Ressler
System upgrades, increased staffing and other costs also are driving industry anxiety, Wolters found.
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Agency MBS Issuance Declined in October Despite Modest Refi Rally

November 6, 2015
John Bancroft
Fannie Mae, Freddie Mac and Ginnie Mae issued $107.19 billion of single-family MBS last month, a 5.6 percent decline from September’s volume.
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The CFPB Hasn’t Outlawed MSAs Quite Yet, but It Sure Feels Like It

November 6, 2015
Thomas Ressler
A helpful piece of advice: MSA participants should avoid entering into agreements that provide for exclusivity, such as being named a preferred lender.
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Walter’s Share Price Clobbered After Nonbank Reports a $76.9 Million 3Q Loss

November 5, 2015
Paul Muolo
After a large 3Q loss, it was a bloodbath for Walter's share price...
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Another Quarterly Loss for PHH; Break Even or Better in 2016?

November 5, 2015
Paul Muolo
The company, whose share price was hammered this past summer after disappointing 2Q results, promised investors that it will be break even in 2016 or “modestly profitable.”
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Despite a Hedging Charge of $2.6 Billion, Fannie Mae Posts Net Earnings of $2.2 Billion; ‘Account Surplus’ With Treasury Will Rise Again

November 5, 2015
Paul Muolo and Carisa Chappell
Since the federal takeover, the Treasury Department has provided $116.1 billion in assistance to Fannie with the GSE returning (once the 3Q dividend is paid) $144.8 billion...
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Short Takes: Stonegate Buries the Lead / IMA Chief Tom Piercy Explains MSR Marks / A Strong Showing for Impac / Fannie Making Progress on Buybacks / Correction

November 5, 2015
Paul Muolo and Carisa Chappell
During the financial crisis Impac’s stock was delisted and its future looked cloudy. But not anymore…
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GSE Conforming Loan Limit Going Nowhere in 2016

November 5, 2015
John Bancroft
The only way the baseline conforming loan limit would be raised for 2016 is if the HPI jumps nearly 10 points...
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The Servicing Market Evolution Continues...

November 5, 2015
John Bancroft
The top five servicers still accounted for over half (53.3 percent) of the total for the top 50 servicers, but that was down from 57.0 percent a year ago.
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Short Takes: A Kinder, Gentler Fannie Mae on LLPAs? / Former Fannie Exec Blames the Government for the GSE ‘Crisis’ / MBA Weighs In / CFPB Not Happy on Servicer Performance / New Servicing Chief for Wells Fargo

November 4, 2015
Paul Muolo and Thomas Ressler
MBA continues to believe that, given the lack of reserves, eventually the GSEs will need to take a draw from Treasury, said Dave Stevens.
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Latest Imf News

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Featured Data

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