Embrace Home Loans Hires a Deephaven Capital Markets VP to Head Product Innovation March 8, 2018 Brandon Ivey Parkes Dibble was previously vice president of capital markets... Read More
Fannie Mae Keeping Tabs on the CFPB’s Ability-to-Pay Rule March 7, 2018 Paul Muolo Fannie Mae warns that changes could have a material effect on the “quality and quantity of loans available for sale to us.”Read More
Short Takes: Gary Cohn’s Resignation and the GSEs / Don’t Assume Anything / Fannie Mae’s ‘10 Percent Moment’ / Okay, Now’s the Time / SolomonEdwards Names Ranieri to its Board March 7, 2018 Paul Muolo GSE shareholder rights group Investor Unite was quick to pounce on the Pollock blog...Read More
Consumer Advocacy Group Calls for Congressional Investigation into Mulvaney March 7, 2018 Yemeng Yang John Czwartacki, senior advisor to Mulvaney, said the email from former payday lending executive Janet Lewis Matricciani was “unsolicited.” Read More
The Big Loser in the Nationstar-WMIH Merger: Uncle Sam March 7, 2018 Paul Muolo In a new SEC filing, Nationstar reveals plans to introduce new products aimed at debt consolidation…Read More
RBS Settles Legacy Non-Agency MBS Case with NY, Investigation by DOJ Pending March 7, 2018 Brandon Ivey According to a tally from Inside MBS & ABS, RBS/Greenwich Capital ranked second among all subprime MBS underwriters that brought deals to market from 2004 to 2007 with $261 billion.Read More
GSE Investors Twisting in the Wind March 7, 2018 Paul Muolo The way things stand today, the only GSE class of stock worth anything is the senior preferred held by Treasury.Read More
Promontory MortgagePath Snags Former Top CFPB Attorney to Head Compliance Department March 6, 2018 Paul Muolo PMP was founded by former Comptroller of the Currency Eugene Ludwig and mortgage industry veteran Bruce Witherell…Read More
Impac Set to Report Fourth Quarter Results Next Week March 6, 2018 Paul Muolo The company’s largest individual shareholder is Southern California businessman Richard Pickup...Read More
Short Takes: PIMCO Shows a Strong Interest in RPLs / A Tough Profit Picture for 1Q18? / Thinning the LO Herd? / Texas Capital Weighs In / Stearns Hires Former Caliber Executive March 6, 2018 Paul Muolo Texas Capital: “Nonbank competitors may have a pricing advantage as they are not subject to the same capital maintenance requirements..."Read More
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