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Non-Agency Jumbo MBS Issuance Took Off Like a Rocket in First Quarter

April 9, 2013
Brandon Ivey
Just how hot is the jumbo MBS market? Consider this: Some $3.95 billion in non-agency jumbo MBS was issued in the first quarter, compared with $3.46 billion in issuance in all of last year.
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BofA Settlement Boosts NCUA Recoveries From Bad MBS Deals

April 9, 2013
George Brooks
The National Credit Union Administration keeps racking up the "wins" in its drive to recover losses on faulty MBS sales.
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U.S. Bank Names Rick Aneshansel New Mortgage Chief

April 9, 2013
Paul Muolo
U.S. Bank, one of the largest residential lenders and servicers in the nation, has a new president.
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National Sales Director Departs Green Tree Servicing

April 9, 2013
Paul Muolo
Steve Stein, national sales director, has departed Green Tree Servicing, but the company isn't returning telephone calls and emails about the matter.
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Wells Fargo Searching for Executive to Aid the Bank in Selling Servicing

April 9, 2013
Paul Muolo
Wells Fargo is in the hunt for a top servicing executive to aid the bank in its pursuit of MSR sales, sources told Inside Mortgage Finance.
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Short Takes: Will Obama Show at the White House Mortgage Meeting? / JPMorgan and Citi Clean Up on Captive MI Business / Radian Sees New Business Gaining / Aging Appraisers?

April 9, 2013
Paul Muolo, John Bancroft, and Thomas Ressler
In two weeks the White House will meet with some of the largest residential funders in the U.S. But will President Obama show?
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Ginnie Mae Issuance Drops in 1Q, Wells and JPM Continue to Dominate

April 8, 2013
George Brooks
Ginnie Mae production fell 5 percent in the first quarter, marking a slowdown in FHA/VA lending, but the decline could be temporary.
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Bank of America Selling $16 Billion of Servicing Rights

April 8, 2013
Paul Muolo
Bank of America is once again offering for sale a large package of mortgage servicing rights and at least a half-dozen or so buyers are lining up to bid.
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UBS Loses Appeal to Dismiss FHFA Subprime MBS Case

April 8, 2013
Charles Wisniowski
After losing an appeal, the UBS MBS case brought by the Federal Housing Finance Agency is set for trial early next year.
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FBR: Refi Cliff Will Happen ‘Later’

April 8, 2013
Paul Muolo
A collapse in the refi market may not happen until much later in the year, according to a new report.
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Featured Data

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