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Short Takes: Rep. Waters Doesn’t Hold Back on Criticism of Mulvaney / Next Up: Sen. Warren (CFPB Founder) / When Bank LOs Make More than Their CEOs / G-Rate Steps Up LO Recruitment / Worrying About GSE Servicing Comp (Still)

April 11, 2018
Paul Muolo and Brandon Ivey
According to the consulting firm of Garrett, McAuley & Co., some mortgage loan officers at depositories earn at least four-times what their CEOs make...
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Bill Dallas Named President of Finance of America?

April 10, 2018
Paul Muolo
So far, Bill Dallas has shunned all media requests for comment.
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SoFi Hires Former Co-Head of Structured Finance at Goldman as CFO. Meaning?

April 10, 2018
Brandon Ivey
The hiring of Gill hire has prompted some speculation that SoFi might resume issuance of non-agency MBS…
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GNMA Chief Confident Agency Will Win Back Investors

April 10, 2018
George Brooks
Bright said actions Ginnie has taken send a clear message to the industry and to investors that it is intent on eliminating the problem.
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MountainView Selling $6B-Plus of Bulk Servicing Rights

April 10, 2018
Paul Muolo
The bulk portfolio has ultra-low delinquencies…
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ARMs Gained Market Share in 2017, but Volume was Flat

April 10, 2018
Brandon Ivey
Chase was the top-ranked ARM producer in 2017…
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Short Takes: Morgan Stanley Dumps PHH Shares / Wells Fargo Doing Just Fine / What did the Megabank Do Wrong This Time? / Out of Character for Mulvaney? / Wells is Not Running a Charity / A Vote Against Being Socially Responsible / Envoy Sells TPO Unit to

April 10, 2018
Paul Muolo
In a nut shell, Wells argues it’s not running a charity (but of course) and that executive compensation is “designed to pay for performance and encourage long-term shareholder value.”
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Non-Agency MBS Issuance Shines Brightly in 1Q18; EC MBS a Standout

April 9, 2018
Brandon Ivey
Expanded-credit MBS issuance tripled in the first quarter…
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MBS Trading Volume on the Rise in Early 2018

April 9, 2018
Paul Muolo
Demand for agency product remains strong, but the investor base is beginning to shift somewhat, said MBS Highway Principal Barry Habib...
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A New Non-Agency MBS from Flagstar – but with a Low Sampling Ratio

April 9, 2018
Brandon Ivey
Fitch said it was able to gain comfort with less than a 100 percent sample size due to its on-site operational assessment of Flagstar’s procedures and controls…
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Latest Imf News

  • GSEs Increase Issuance of Specified Pools in Second Quarter

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Featured Data

  • Expanded-Credit MBS Issuance Declines in 2Q

  • Top Ginnie Servicers See Modest Growth in 2Q

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