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It’s Fall and Mortgage Hiring is Mostly Flat

October 16, 2015
Paul Muolo
Servicing workers, in particular, feel like they have a target on their backs, thanks to outsourcing and other factors...
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Non-Agency MBS Issuance Slowed Significantly in 3Q; Is There Hope for Jumbos?

October 16, 2015
John Bancroft
With a strong fourth quarter, jumbo MBS issuance in 2015 could nudge past the post-crisis high set back in 2013, when $13.12 billion of these deals came to market.
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After CFPB Gives Guidance, More Lenders Line Up to Dump Their MSAs

October 16, 2015
Thomas Ressler
Meanwhile, two mid-sized lenders told Inside Mortgage Finance on Friday that they too are shuttering their Realtor-related MSAs.
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CFPB Issues Final HMDA Rule – More Data Disclosures for Mortgage Originators

October 16, 2015
Thomas Ressler
But there is some good news: the new rule will ease reporting requirements for small banks and credit unions.
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Stonegate Mortgage May Be in Play; Blackstone And Caliber Mentioned as Possible Suitors

October 15, 2015
Stonegate Mortgage, Indianapolis, a publicly traded nonbank that recently underwent a management change, is considering takeover offers, according to industry advisors familiar with the situation. Although the company declined to comment, it appears that at the very least it’s considering selling some of its branches. At the same time, sources contend that certain branch managers are trying to cut separate deals with competitors. Firms looking to take over those branches include...
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Short Takes: So, What’s BofA’s Next Move? / Who is Tom Ferry? / Former NFL Player Sticks with MSAs / Walter Gets a Better Grade / CFPB Issues New HMDA Rule / FGMC Hires SunTrust Mortgage Chief

October 15, 2015
Paul Muolo and Brandon Ivey
Bank of America isn't severing all its ties to realtors...
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The ‘Megabanks’ See Declining Residential Production in 3Q15

October 15, 2015
John Bancroft and Brandon Ivey
Given the fairly wide range in origination volume trends among the group, it’s difficult to forecast how the overall market fared based on just their activity.
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Mortgage Insurers Fear an FHFA Crackdown on their Use of Reinsurance

October 15, 2015
Paul Muolo
“The FHFA is trying to solve every possible problem that might come up,” said one mortgage insurance executive.
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Caliber Starting to Look Like Ocwen? A NY AG Probe and a Ratings Downgrade

October 15, 2015
Brandon Ivey
Regulatory scrutiny of Caliber Home Loans includes an investigation by New York Attorney General Eric Schneiderman...
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The Collingwood Group Enters the Mortgage M&A Game

October 15, 2015
Paul Muolo
The new Collingwood unit, however, will not be involved in the sale of mortgage servicing rights.
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