Cal Realtors Ask FHFA for Immediate Halt to GSE Financing of SFR August 21, 2018 Paul Muolo Certain SFR operators have been criticized for gobbling up thousands of properties for corporate ownership, thus removing these units from the inventory of homes available for sale.Read More
Short Takes: Broeksmit Takes Over as MBA Chief / His Resume / Cowen: Bright, a Plus for Housing / A Possible Successor to Watt at the FHFA? / Churchill Mortgage Executive Named to CMLA’s Board August 21, 2018 Paul Muolo Bright has been mentioned in housing and mortgage circles as a possible successor to FHFA Director Mel Watt.Read More
Watt’s Accuser Sues FHFA, Alleges Pay Discrimination, Wants $1 Million in Damages August 21, 2018 Paul Muolo When bonuses and benefits are factored in, Grimes says the pay disparity totals $100,000 per year...Read More
Fix-and-Flip Loan Market Continues to Hum Along August 20, 2018 Paul Muolo CALCAP is looking to expand into the Texas market…Read More
GSE Sellers Continued to Stretch the Credit Box (Incrementally) in 2Q18 August 20, 2018 John Bancroft A year ago, just 12.1 percent of new purchase loans fell into the highest-risk category…Read More
FHFA Wants GSEs to Take a Closer Look at Their Multifamily Lenders August 20, 2018 Carisa Chappell The FHFA wants Fannie and Freddie to institute proper controls and perform monitoring on their multifamily counterparties…Read More
A Real Estate Fintech Takes a Test Drive in Mortgage Banking. Will Others Follow? August 20, 2018 Paul Muolo “Zillow could have done this on a much larger scale. Heck, they could’ve bought Ditech,” said industry consultant Paul Hindman.Read More
When the Going Gets Tough in the Mortgage Industry, the Tough Start Eliminating the 401(k) Match August 20, 2018 Paul Muolo Tough times? Might be time to eliminate the 401(k) match…Read More
Short Takes: More Mortgage M&A / Check Those WARN Act Notices / Accuser Blasts FHFA Sexual Harassment Probe / No Comment from the FHFA August 20, 2018 Paul Muolo Grimes' resume also includes stints at Grant Thornton and Price Waterhouse Coopers...Read More
Declining Refis Take a Bite Out of Fannie/Freddie Business August 20, 2018 John Bancroft Most of the month-to-month slump was at Freddie, where MBS production fell 8.9 percent from June.Read More
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