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Walter’s $5 Million CEO Tony Renzi to Depart. No Successor Named

February 2, 2018
Among residential servicers, Ditech ranked 11th at yearend, according to figures compiled by Inside Mortgage Finance.
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GSE Credit-Risk Transfers Slowed Significantly in 4Q17

February 2, 2018
John Bancroft
Fannie and Freddie issued just $2.01 billion of structured credit notes during the fourth quarter, a sharp 44.5 percent drop from the previous period…
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NAR Wants FHFA to Reduce G-Fees, LLPAs

February 2, 2018
Paul Muolo
The NAR request comes at a time of rising interest rates…
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Ginnie Issues Warning to Servicers, Some Could be Terminated for High Delinquencies

February 2, 2018
John Bancroft
New agency guidance makes clear that issuers are expected to make an ongoing investment in servicing capability…
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CFPB Consolidates and Restructures Fair Lending Enforcement Apparatus

February 2, 2018
Paul Muolo
CFPB Senior Advisor John Czwartacki said: “The bureau’s statutory mandate includes the supervision and enforcement of fair lending laws and regulations … the bureau will continue to perform those functions.”
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Walter’s $5 Million CEO Tony Renzi to Depart. No Successor Named

February 2, 2018
Paul Muolo
Among servicers, Ditech ranked 11th at Dec. 31, according to figures compiled by Inside Mortgage Finance.
Read More

What We’re Hearing: Interest Rate Armageddon? / Sucking Pond Water? / Tony Renzi’s February Surprise / A Raise for Ginnie Mae Staffers / Investors Unite Weighs in on the Corker Bill (Not Happy) / Mnuchin’s GSE Plan

February 2, 2018
Paul Muolo
Investors Unite is not happy...
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Nonbanks Reach Another MSR Milestone: A 43 Percent Market Share Among the Top 50

February 1, 2018
John Bancroft
The $3.42 trillion of servicing held by nonbanks was up 20.7 percent from December 2016…
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Housing Finance Reform Waits for the Democrats to Show Up. (Don’t Hold Your Breath)

February 1, 2018
Paul Muolo
Bill Maloni, a retired Fannie executive who’s been tracking the reform debate for years, believes the Corker bill, if enacted as is, eventually will place the secondary market in the hands of the megabanks.
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CFPB Chief Mulvaney Continues with ‘Calls for Evidence,’ Agency Wants Input on Adjudications

February 1, 2018
Thomas Ressler
The next RFI in the series will address the bureau’s enforcement processes...
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Latest Imf News

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