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Ginnie Mae Issuers Deny ‘Churning’ Allegations

February 27, 2018
George Brooks
Flagstar Bank and NewDay Financial said they have policies and procedures in place to prevent churning, or serial refinancing…
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Short Takes: AEI’s Wish-List: No More Cash-Out Refis for Fannie and Freddie / Number 29 for Ocwen / Altisource Worries about its Reliance on Ocwen / The Digital Revolution / Mortgage Network Unveils Jumbo Renovation Loan

February 27, 2018
Paul Muolo
Is the White House listening to the AEI on GSE reform?
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Market Shocker: Ocwen Agrees to Buy PHH Corp. for $360 Million in Cash

February 27, 2018
Paul Muolo
As one servicing broker told Inside Mortgage Finance: “Wow. I didn’t see that coming.”
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Ginnie Considering Partnering with FHA to Offer Risk-Sharing MBS. Private Market Would Assume Credit Risk

February 26, 2018
Brandon Ivey
Bright suggested that Ginnie Mae could work with the Federal Home Loan Bank of Chicago on risk-sharing transactions...
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Stearns’ Latest Asset Sale Stirs New Questions

February 26, 2018
Paul Muolo
An investment banker who looked at the portfolio for one of his clients was at a loss regarding what direction Stearns might be taking…
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FHA Production Down 12 Percent in 4Q17, VA Fares Better

February 26, 2018
George Brooks
Veterans United Home Loans ranked first among all VA lenders in 4Q17…
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A Loss and Falling Mortgage Revenue for LendingTree

February 26, 2018
Paul Muolo
LendingTree's mortgage partners include loanDepot and Quicken Loans...
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Fannie and Freddie Hanging On to Their Alt A Mortgages

February 26, 2018
Brandon Ivey
The bulk of the holdings are in Alt A mortgages purchased/guaranteed by the GSEs...
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Short Takes: Mortgage Lenders A Through D Defrauded by Former Trump Advisor? / GE in Hot Water Over WMC? / Genworth, Glad to be Free? / Rick Sharga Returns to His Mortgage Roots / Promotions at Radian

February 26, 2018
Paul Muolo
In a new public disclosure, General Electric said it could face legal action from the Justice Department following an investigation into WMC Mortgage, a mortgage firm it once controlled...
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Deutsche Bank Securities, Former Head Trader Faulted by SEC for Misleading Commercial MBS Investors About Prices

February 23, 2018
The Securities and Exchange Commission completed an enforcement action last week against Deutsche Bank Securities and a former head trader at the firm regarding sales of commercial MBS between 2011 and 2015.
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Latest Imf News

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More Imf News

Featured Data

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More Featured Data

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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