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One Week After Cordray Declared He’s Leaving the CFPB, Trump Still Hasn’t Named a Replacement

November 21, 2017
Thomas Ressler
So, where’s Mick?
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A 40-Page GSE ‘Draft’ Bill is Circulating in the Senate

November 21, 2017
Paul Muolo
As press time, details were sketchy, but lobbyists who claim to have knowledge of the draft caution there are several “different pieces” to the measure...
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(A Ton) of Mortgage Executives on the Move?

November 21, 2017
Paul Muolo
Industry consultant Paul Hindman: “There seems to be a growing number of participants in this year’s game of musical chairs."
Read More

Short Takes: Franklin Codel’s Immediate Plans / Forfeiture of Stock / Entitled to a Severance Package of $2 Million? / MBA Weighs in on CFPB’s Strategic Plan

November 21, 2017
Paul Muolo and Thomas Ressler
Codel joined the megabank in 1993. He’s a graduate of Harvard University with a degree in engineering science…
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3Q17 Results: Third-Party Lenders Gained Market Share in a Purchase-Heavy World

November 21, 2017
John Bancroft
In the broker channel, United Wholesale Mortgage once again dominated…
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A Strong October for Freddie, GSE Takes Market Share from Fannie

November 20, 2017
John Bancroft
Freddie officials stated that the GSE continued to incur market-adjusted pricing costs in the form of lower MBS guarantee fees.
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Phoenix Announces Two ‘Flow’ MSR Auctions

November 20, 2017
Paul Muolo
The Fannie/Freddie receivables would come primarily from California, Florida and Texas.
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GSE Sellers Take Baby Steps on Risk – but at a Glacial Pace

November 20, 2017
John Bancroft
This most-risky bucket accounted for just 2.6 percent of refi business in the third quarter...
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PHH Hires Former Freddie Mac Executive, CSS Consultant Celini as SVP

November 20, 2017
Paul Muolo
Celini also worked for Sun National and Ally Bank, formerly known as GMAC Bank…
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Mortgage Tech Vendors Make Case for Greater Digitalization

November 20, 2017
Thomas Ressler
Tech vendors believe that home lenders are seeing dramatic benefits from automating their secondary marketing operations…
Read More
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Latest Imf News

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