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Industry Wants Clarification on Buybacks Losing QM Status

February 26, 2013
Thomas Ressler
The mortgage industry wants the Consumer Financial Protection Bureau to clarify whether mortgages subject to repurchase demands will lose their “qualified mortgage” status under the bureau’s new ability-to-repay rule.
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TBW’s Freddie Mac MSR Portfolio Sold

February 26, 2013
Paul Muolo
Milestone Advisors has picked a winning bidder for the MSR portfolio once owned by Taylor, Bean & Whitaker.
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JPM Will Slash Mortgage Staff, Sells MSR Platform to Wingspan

February 26, 2013
Paul Muolo
JPMorgan Chase will slash thousands of mortgage workers over the next 20 months.
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Short Takes: Lenders Will Do Battle Over G-Fees / Will PennyMac Buy Ally’s MSRs? / MGIC is a “Buy” / Radian Taps the Equities Market

February 26, 2013
Paul Muolo and Charles Wisniowski
Mortgage bankers are promising to wage war over any new guaranty fee hikes that are used for non-residential projects.
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GSE Buyback Activity Strong in Fourth Quarter, But...

February 25, 2013
John Bancroft
The GSEs continued to wrangle with seller/servicers over repurchase requests during the fourth quarter of 2012, but mostly over loans originated five years earlier.
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Risk-Based Pricing for G-Fees is on the Way

February 25, 2013
Paul Muolo
The Federal Housing Finance Agency has not given up on its effort to install risk-based pricing for guaranty fees.
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Nationstar CFO David Hisey Will Earn at Least $1.375 Million

February 25, 2013
Paul Muolo
Nationstar Mortgage signs a new employment contract with one of its top executives, CFO David Hisey.
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New Report: Kill GSEs, Limit US Support for Mortgages

February 25, 2013
Paul Muolo and George Brooks
A new bipartisan panel wants to close Fannie Mae and Freddie Mac and limit U.S. support for mortgages.
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Short Takes: The Myth Surrounding Redwood’s Delinquencies / Jumbo Loan Prices Red Hot / $30,000 a Year in Flood Premiums? / GSEs Paying Their Subservicers How Much?

February 25, 2013
Paul Muolo and Brandon Ivey
Jumbo loan prices are red hot.
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Wells Is Not Done Tinkering with its Mortgage JVs / Redwood May Target MSRs in a Major Way / Residential Originations Slowing? / Banks No Longer Love MBS? / Ocwen Adjusts to ‘A’ Paper Servicing

February 22, 2013
Paul Muolo
Wells Fargo, the nation's largest home funder, is continuing to review its mortgage joint ventures.
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Latest Imf News

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Featured Data

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More Featured Data

Featured Reports

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More Latest Reports

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