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Ginnie Rolls Out New Metric for Monitoring Issuer Performance

June 19, 2018
George Brooks
The announcement follows recent administrative actions against three VA lenders that were penalized for cherry picking and refinancing unseasoned loans…
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Short Takes: Sen. Warren Will Block CFPB Nominee / Midwestern Humility / Yet More Regulations Proposed for Home Servicers / If Maxine Waters Becomes Chairman… / The GSEs, More Dominant Than Ever?

June 19, 2018
Paul Muolo and Brandon Ivey
Sen. Elizabeth Warren: "Now Donald Trump wants her to run the CFPB. I will put a hold on her nomination – and fight it at every step – until she turns over all documents..."
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NMIC: Outlook for Housing Market No Longer Positive

June 19, 2018
Brandon Ivey
It’s the first time since 2010 that the insurance firm has not forecast a positive outlook...
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Nine Groups Want Fannie and Freddie to Have a Regulatory-Mandated Capital Restoration Plan

June 19, 2018
Paul Muolo
Consultant Joshua Rosner of Graham-Fisher said the letter is significant because it marks the first time that the ICBA has joined with civil rights groups and housing organizations on a GSE-related matter.
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Financiers Take an Interest in Non-QM Sector. Cantor Fitzgerald Making the Rounds

June 19, 2018
Paul Muolo
At least two foreign-based investment banks are ready to enter the non-QM market...
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A 13.5 Percent Gain for ‘Expanded-Credit’ Originations

June 19, 2018
Brandon Ivey
Citadel, one of the earliest entrants to the new expanded-credit market, funded $295.0 million of loans in the first quarter, a 19.4 percent sequential increase…
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Short Takes: CFPB Nominee’s LinkedIn Profile / Kraninger is a Radical Pick for Trump – She’s a Career Bureaucrat / The Thumb’s Up from Hensarling / FTC Action Against CoreLogic / A SC Branch for Mortgage Network

June 18, 2018
Paul Muolo and Brandon Ivey
Rep. Jeb Hensarling: "I’m confident that, under Kathy’s leadership, gone are the days of wasting more than $240 million of taxpayer money to renovate a building it doesn’t even own and paying staff to perform research that has nothing to do with the Bureau’s mission..."
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Prestwick Selling Fannie MSR Package Into a Strong Market

June 18, 2018
Paul Muolo
Prestwick’s George Christo cites “float earnings” as a significant value driver…
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Should the FHFA Set Operational Standards for Mortgage Servicers? Rep. Waters Readies Bill

June 18, 2018
Paul Muolo
Mortgage servicers believe they already face intense regulatory scrutiny...
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HECM Originations Spiked in 1Q18. (That’s Not a Misprint)

June 18, 2018
George Brooks
Reverse production increased 18.5 percent when measured against 1Q17.
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Latest Imf News

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Featured Data

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  • Rocket, Cenlar Subservicing Portfolios Decline

More Featured Data

Featured Reports

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