Retail Production Share Hits Record in 2012, But Gains May Not Hold February 21, 2013 Paul Muolo and John Bancroft Retail mortgage lending, in terms of market share, set a new record last year, but those gains may fade.Read More
Servicers Progressing on Robo Relief, But Complaints Continue February 21, 2013 Brandon Ivey The five servicers participating in the $25.0 billion national robo-signing settlement are well on their way toward meeting their obligations. Read More
AMC Joint Venture Controlled by Fidelity, Ocwen Shutting Down February 20, 2013 Paul Muolo PowerLink Settlement, a service provider and appraisal management joint venture controlled by Fidelity National Financial and Homeward Residential, is shutting its doors.Read More
Private Equity Fund Hikes Stake in Impac Mortgage February 20, 2013 Paul Muolo IsZo Capital Management increases stake in Impac Mortgage.Read More
Short Takes: HSBC Planning the Mother of All NPL Auctions? / Robo-Monitor A Bit Tardy On Its Report / Carrington Ramps Up Hiring Big Time / Apps Sink / Angry Law Firm Sues CFPB February 20, 2013 Paul Muolo, Thomas Ressler, and Brandon Ivey HSBC is planning a large nonperforming mortgage auction that could happen early in the second quarter.Read More
Upcoming Report Key to a GSE Reform Comeback? February 20, 2013 Charles Wisniowski GSE reform could see the light of day after all - or at least an attempt at it.Read More
Redwood Cuts Seasoning with Latest Jumbo MBS February 20, 2013 Brandon Ivey Redwood is in the market with a new jumbo deal, this one with loans that have little in the way of seasoning.Read More
Short Takes: Will Wells Fargo Pull the Trigger on MSR Sales? / FHA Put-Backs? / The Future of Flood Insurance Is... February 19, 2013 Paul Muolo If Wells Fargo sells MSRs more investment vehicles dedicated to servicing rights may spring up.Read More
At Least $15 Billion in NPLs Will Trade This Year February 19, 2013 Paul Muolo The market for nonperforming mortgages could turn white hot in 2013.Read More
Moodys Tops in Non-Mortgage ABS Ratings In 2012 February 19, 2013 John Bancroft In a market that grew by 15.9 percent in 2012, Moodys increased the volume of ABS deals it rated by just 6.9 percent over its activity in 2011. Read More