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PE Firm Thomas H. Lee Buys a Stake in Guaranteed Rate, but Ciardelli Still in Control

December 15, 2017
Paul Muolo
The spokesperson noted that Guaranteed Rate founder and CEO Victor Ciardelli “is still in control.”
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Home-Equity Lending Declined in 3Q17 but Not by Much

December 14, 2017
John Bancroft
Banks and thrifts continued to retreat from the home-equity business in 3Q17 while credit unions pressed forward…
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Stop the Presses: A GSE Bill Passes the House Financial Services Committee but…

December 14, 2017
Carisa Chappell
The panel approved the bill on a partisan vote of 33 to 27. It was one of 13 bills advanced by the panel…
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Another Industry Group Calls for Delay in New HMDA Requirements

December 14, 2017
Thomas Ressler
Certain originators and their vendors have expressed the need for more time to test systems and accurately implement the proposed changes…
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Short Takes: Keeping Tabs on GSE Dividends / The GOP Tax Plan and DTAs / Good News for ‘Conforming’ Jumbos? / LendingTree Getting Frothy? / First Republic Bank Stands Out in Second Liens

December 14, 2017
Brandon Ivey and Paul Muolo
The share price of online loan broker LendingTree is looking a bit pricey these days at $337.80 a unit...
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REITs Buying Home Lenders – A Trend in the Making?

December 14, 2017
Paul Muolo
The acquisition, once consummated, will put New Residential in the business of originating loans directly to consumers. It also could have CFPB implications…
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MBA Chief Dave Stevens: The GSE Capital Buffer is a Distraction

December 14, 2017
Paul Muolo
The CHLA repeated its plea that FHFA Director Mel Watt withhold GSE dividend payments to Treasury and allow Fannie and Freddie to build capital…
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A Slow Fourth Quarter for Servicing Sales, but 1Q18 Could be a Barn-Burner

December 13, 2017
Paul Muolo
Another contributing factor to slower sales: Concerns about how the pending GOP tax bill might hammer the asset value of servicing rights...
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Looks Like the MID Cap will be $750K as Conference Committee Wraps up Work on GOP Tax Reform

December 13, 2017
Brandon Ivey
The way things stand today, the tax bill could be on track for final approval as soon as next week.
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Legal Briefs in CFPB ‘Acting’ Director Dispute Keep Piling Up

December 13, 2017
Thomas Ressler
CUNA believes that legal arguments advanced by plaintiff Leandra English are nonsensical and unconstitutional.
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Latest Imf News

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