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Mortgage Resolution Partners Continues to Push ‘Eminent Domain’ Issue

April 26, 2013
Thomas Ressler
Industry groups argue that the Mortgage Resolution Partners proposal on eminent domain and MBS raises serious legal and constitutional issues.
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Commercial Mortgage Securitization Streaks to Post-Crash Record

April 26, 2013
John Bancroft
The commercial MBS market is starting to catch fire. Moreover, a new report from Fitch notes that commercial delinquencies continued to fall last year, a trend that will continue.
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Consumer Advocates Pushing States to Enact Stringent Servicing Laws

April 26, 2013
Brandon Ivey
Consumer advocates also recommend that state policymakers pass legislation or implement regulation requiring servicers to adopt and engage in loss-mitigation practices.
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What We’re Hearing: What Happened at that White House Mortgage Meeting? / GSE Net Worth May Double / Market Share to Shift to FHA? / Largest Decliners in Fundings Use Brokers / What’s Next for CashCall?

April 26, 2013
The White House wants to change the HARP eligibility date, making more underwater borrowers eligible for the program, Inside Mortgage Finance has learned.
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Short Takes: HUD Secretary Promises No More Premium Hikes / Meanwhile, HUD Will Close Some Offices / National MI is Open for Business / BofA Says Don’t Compare it to Wells / Mortgage REITs a Concern?

April 25, 2013
Paul Muolo
FHA lenders are resting easier today thanks to a promise from HUD secretary Shaun Donovan not to hike FHA premiums again.
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Residential Production Slowed in 1Q: The Wells Fargo Effect

April 25, 2013
John Bancroft
Home lenders funded $500 billion worth of new mortgages in the first quarter, a strong showing, but down 5 percent from the fourth quarter. Quicken Loans had the strongest growth rate among the top 10.
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Department of Justice to Lenders: Settle With Us Now or Pay More Later

April 25, 2013
Thomas Ressler
The government is warning mortgage lenders to settle their fair lending cases upfront instead of litigating.
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Hard-Money Lender May Quadruple Production This Year

April 25, 2013
Paul Muolo
Residential fundings by hard-money lender CALCAP Advisors are on the rise, a bright sign for the sector.
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Fannie and Freddie Spreading the Word on Coming G-Fee Hike

April 25, 2013
Paul Muolo
The worst kept secret in the mortgage industry is that a guaranty fee hike is coming. But no one knows when.
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Originations Flat at EverBank in 1Q, But Thrift is Ready to Part With Jumbos

April 25, 2013
Paul Muolo
EverBank funded $2.9 billion of home mortgages in the first quarter, a bit below one estimate of $3.3 billion.
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