Neuberger Berman Sources Majority of Loans for Non-QM MBS from Sprout Mortgage December 11, 2018 Brandon Ivey Based in Henderson, NV, Sprout is a correspondent lender.Read More
One GSE Shareholder Speaks Up: Calabria Will be Constrained in His Mission to Dissolve Fannie and Freddie December 11, 2018 Paul Muolo James Fenkner says Calabria will be “constrained in his mission to dissolve Fannie and Freddie.” Read More
CFPB Imposes Zero Civil Money Penalty for Violations, Again December 11, 2018 Yemeng Yang The CFPB alleged that State Farm violated the Fair Credit Reporting Act.Read More
Short Takes: The Six Horsemen of the GSE Apocalypse / If You Have to Ask, You’re in Trouble / G-Fees Hold Steady / Plaza Home’s New Tag Line / NAMB Giving Away Software for Free December 11, 2018 Paul Muolo NAMB is giving away free software...Read More
Banks Gain on ‘Servicing for Others,’ MSR Valuations Rise December 10, 2018 John Bancroft At Sept. 30, banks and thrifts serviced $3.627 trillion of residential mortgages for others…Read More
REIT Investments in GSE CRT Deals Could Surge December 10, 2018 Dennis Hollier Fannie and Freddie addressed that problem by beginning to structure CAS and STACR transactions as real estate mortgage investment conduits – which REITs can buy more freely.Read More
Caught in the Market’s Down-Draft: Texas Capital, the Nation’s Second Largest Warehouse Provider December 10, 2018 Paul Muolo The warehouse lending sector has experienced a noticeable decline in profit margins…Read More
New MBA President Broeksmit Toes the Party Line on GSE Reform December 10, 2018 Paul Muolo The MBA chief also makes it blatantly clear that he is no fan of any “recap and release” proposals for the government-sponsored enterprises either...Read More
Short Takes: Hope in Cash-Out Refis / loanDepot’s Refi Stats / Position Filled / Chicago-Area Lender Gets Fannie Mae Approvals / More on Calabria and the FHFA Job / Mulvaney, Mnuchin Up for the Chief of Staff Job? / Waterstone Hires Rocky (Rockwell) December 10, 2018 Paul Muolo Fannie Mae has approved Neighborhood Loans, Lombard, IL, as a new seller/servicer...Read More
Kraninger Confirmed as CFPB Director. Will She Bring Change? December 10, 2018 The Senate last week confirmed Kathy Kraninger as the second permanent director of the CFPB, on a 50-49 party-line vote.Read More
RSS