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FHFA Chief Hints Strongly About GSEs Building Capital Once Again. Sen. Corker Not Happy…

May 11, 2017
Carisa Chappell and Paul Muolo
During the hearing Thursday, Sen. Bob Corker, R-TN, called “the whole issue of them running out of resources” baseless.
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Short Takes: Certain Trade Groups Applaud Watt’s Move / It’s Not ‘Recap and Release’ / GSE Share Price Hardly Budges / Ocwen is a ‘Market Perform’ / Amy Brandt to Head Vendor

May 11, 2017
Paul Muolo
Watt’s comments on building capital did not move the share price of Fannie/Freddie common very much...
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Commercial MBS Issuance Takes a Tumble in Early 2017

May 11, 2017
John Bancroft
Some of the slowdown in non-agency CMBS is likely due to lingering uncertainty about risk-retention requirements, which took effect at the end of 2016.
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By Selling Assets, Walter Investment Posts a Gain After Years of Losses

May 10, 2017
Paul Muolo
At March 31, Ditech serviced 1.9 million accounts, with an unpaid principal balance of $220.2 billion. During the quarter, the company suffered a net disappearance rate of 13.56 on its MSR portfolio.
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CEO of Finance of America’s ‘Fix & Flip’ Unit Departs a Few Months After Company is Bought

May 10, 2017
Paul Muolo
The fix-and-flip market has been red hot the past few years…
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Originations Down Sharply for Impac in 1Q17, but Firm Remains Profitable; An Emphasis on Non-QM

May 10, 2017
Brandon Ivey
Impac Mortgage is making major run at the non-QM market, advertising its products on cable TV…
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Yet More Red Ink for PHH Mortgage; Loan Production Down 34 Percent from 4Q16

May 10, 2017
Paul Muolo
Glen Messina is slated to step down as CEO in June. He has served as CEO since January 2012.
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Fannie and Freddie Would be Subject to FOIA Requests

May 10, 2017
Carisa Chappell
The Structured Finance Industry Group has voiced concerns about what information might become publicly available…
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Short Takes: Nonprime Lender Angel Oak Hires Correspondent Chief from Freedom Mortgage / A Nice Pay Check if you Can Get Fired / Can the Senate Banking Committee Count? / A QM Exemption? / Former MI, GSE Exec Gets Top Post at HUD

May 10, 2017
Paul Muolo and Thomas Ressler
PHH's new CEO, Robert Crowl, has a termination package that could be worth $4.54 million…
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It’s Time for the Fed to Scale Back its MBS Holdings, Former Fannie Economist Says

May 9, 2017
Thomas Ressler
The former Fannie Mae economist suggested the Fed should decide to have a measured reduction in its MBS holdings…
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Latest Imf News

  • Borrower Lock-In Easing With Passage of Time

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  • Fannie Economists See Interest Rates Staying Higher for Longer

  • Income and MBS Portfolio Increase at Armour in Fourth Quarter

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Featured Data

  • CRE Securitization Rises in 2025 With Agency MF Boost

  • Refi Lending Nearly Doubles in 4Q, Purchase Share Drops

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  • Expanded-Credit MBS Issuance Slows in 4Q

More Featured Data

Featured Reports

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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