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Nationstar Closes on $8.5 Billion MSR Deal from ‘Top Four’ Servicer

January 21, 2015
Paul Muolo
Is Ocwen the seller of the MSRs?
Read More

Nonbanks See GSE Market Share Climb to 44.8 Percent; Freedom Stands Out

January 21, 2015
John Bancroft
Still, the four super-sized U.S. banks – those with more than $1 trillion in assets – continue to rank in the top five GSE sellers.
Read More

Time for Young Blood in the Executive Suites of Mortgage Firms?

January 21, 2015
Paul Muolo
“I see a lull in aspiring new talent,” recruiter Rick Glass told Inside Mortgage Trends.
Read More

Nonprime Lender Citadel Triples Production in 2014, May Do It Again

January 21, 2015
Paul Muolo
Roughly 5 percent of Citadel's production is retail with correspondent accounting for 7 percent. The balance entails table funding.
Read More

S&P Settles Charges Regarding Ratings for Commercial MBS, Non-Agency MBS

January 21, 2015
Brandon Ivey
In settling, S&P did not admit or deny any of the allegations levied against the firm.
Read More

CFPB Cements Two Small Changes to the TRID

January 21, 2015
Thomas Ressler
After hearing from the industry, the CFPB determined that the short turnaround could pose challenges for lenders that allow consumers to lock rates late in the day or after business hours.
Read More

Short Takes: No Minimum FICOs for this FHA Lender / More Mortgage Gifts from President Obama? / Warehouse Mentioned in Earnings from Republic / DocMagic Expecting a Busy Year / Altisource Adds Vella

January 20, 2015
Paul Muolo
Assisting DocMagic with its work on RESPA-TILA disclosures is Richard Horn, a former senior advisor at the Consumer Financial Protection Bureau...
Read More

FHFA PMIER Rule Could be Accompanied by LLPA Announcement

January 20, 2015
Paul Muolo
“It’s hard to believe the FHFA will release the PMIER rules without doing something on LLPAs,” said one official.
Read More

After Stepping Down, Ocwen Founder Erbey Set to Reap at Least $1.2 Million in Cash

January 20, 2015
Paul Muolo
The separation agreement prohibits the mortgage industry veteran from competing with Ocwen for at least 24 months.
Read More

Mortgage Brokers Staged Comeback in 4Q14 with GSE Business

January 20, 2015
John Bancroft
Meanwhile, Fannie Mae and Freddie Mac continued to get less of their business from their five biggest customers.
Read More
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Latest Imf News

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