Surprise: The Subprime Delinquency Rate Jumps in 3Q17 December 11, 2017 Brandon Ivey The dollar volume of outstanding subprime mortgages continues to decline…Read More
It’s that Time of the Year: Mortgage Layoffs December 11, 2017 Paul Muolo Still, large cutbacks have not been the norm, at least not yet…Read More
The Industry Shows Concern (Once Again) about GSE Technology and Potential Abuses December 11, 2017 Carisa Chappell MBA: Fannie and Freddie should only undertake those activities that support secondary market liquidity…Read More
Phoenix Capital Auctioning Off Bulk MSR Package December 11, 2017 Paul Muolo The seller of the MSR package is looking for a final sale date of Jan. 31…Read More
Short Takes: And Now for a Word About Bitcoin / Can Trump Clear the Air? / Consultant Wonders about Endorsements / MIAC Selling NPLs, RPLs / Farmer Mac CEO Fired with No Severance December 11, 2017 Paul Muolo One of these days an answer will arrive, but until a mortgage company is sold for Bitcoins, we’ll stay on the sidelines…Read More
Agency MBS Issuance Up Slightly in November. Another Big Month for Freddie December 8, 2017 John Bancroft It was Freddie Mac’s second-largest month of the year...Read More
Guaranteed Rate Sues Former Executive Over ‘Talent Raid’ December 8, 2017 Carisa Chappell But former Guaranteed Rate executive Joseph Caltabiano denies the allegations… Read More
Hensarling is Ready to Deal on GSE Reform, but Will it Happen? December 8, 2017 Paul Muolo Rep. Hensarling: “This means the government needs to be in the last-loss position, with multiple layers of private capital, as diversified as possible, stacked up before it.”Read More
FHA Unveils New Loan Limits for 2018 December 8, 2017 George Brooks FHA regulations currently do not allow HECM loan limits to vary by metropolitan statistical area or county…Read More
FHA to Halt Insuring Mortgages on Homes with PACE Assessments December 8, 2017 George Brooks The PACE decision follows last month’s release of the annual audit of the Mutual Mortgage Insurance Fund, which showed a decline in economic value… Read More