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SFR REIT Reven Inks $51.3 Million LOC from Arbor

October 4, 2018
Paul Muolo
A few months back, the Federal Housing Finance Agency ordered Fannie Me and Freddie to end their involvement in SFR financial arrangements. However, any deals in progress were allowed to close...
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Eli Global Founder the Subject of Federal Subpoenas. A Mortgage M&A Deal was in Progress

October 4, 2018
Paul Muolo
As press time, Lindberg’s spokesman, Chuck Norman of S&A Communications, had not returned several emails and telephone calls regarding the subpoenas.
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Short Takes: Freddie the Final Takeout on SFR Deal / Helping Reven / Gateway Mortgage Recruiting / Sen. Warren Questions Mulvaney’s Role in Fundraiser / A Promotion at Fannie Mae

October 4, 2018
Paul Muolo and Yemeng Yang
Gateway Mortgage of Oklahoma is in a hiring mode these days...
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Securitization Market Limped Through 3Q18 with Help From Agency MBS Issuance

October 4, 2018
John Bancroft
The major driver was a 16.8 percent jump in Fannie Mae issuance…
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Warehouse Banks Ponder MSR Financing – But There’s Freddie Mac to Worry About

October 4, 2018
Paul Muolo
This executive, like many interviewed, called it an example of charter creep. Freddie and the FHFA think otherwise…
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MBS/ABS Participants Getting Used to a ‘Constructive’ Relationship with Regulators in the Trump Administration

October 4, 2018
Brandon Ivey
Federal regulators have changed their tone under President Trump, according to participants in the MBS and ABS markets.
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Nonbanks Gained Market Share in 2Q18

October 3, 2018
John Bancroft
As a result, the nonbank share of new production edged up to 53.9 percent, its highest level since the second quarter of 2017.
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Credit Suisse, New Residential Prep Non-Agency MBS Backed by Seasoned Mortgages

October 3, 2018
Brandon Ivey
In the New Rez deal, the mortgage have seasoned for more than 13 years, on average…
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CMLA Criticizes Brookings Report on Nonbank Mortgage Firms

October 3, 2018
Paul Muolo
Rob Zimmer of CMLA: “The organization [Brookings] is now pushing a deeply flawed report that uses veterans and active-duty personnel as pawns…”
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CFPB’s Mulvaney Says Reorg Will Continue Despite Criticism of Fair Lending Chief

October 3, 2018
Yemeng Yang
CFPB Director Mulvaney: “I will not be undoing the changes. I recognize this is not the result that some of you may have wanted. But I stand by my decision and we will proceed accordingly.”
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