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Short Takes: The ‘Biggest’ Mortgage Stories of 2015? A Subject Ranking, for Sure / But Here’s the List: Strong Origination Volumes; TRID, Nonbanks, FHA Loan Volumes, No GSE Reform, Blackstone’s Mortgage Growth…

December 31, 2015
Paul Muolo
The biggest mortgage story of 2015? How about origination volumes being a lot better than anyone dreamed of?
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The Largest Investor in GSE Common (Pershing Square) Still Seems Bullish, but…

December 30, 2015
Paul Muolo
Over the past year, the share price of GSE common has tanked, at least on a percentage basis.
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CFPB Issues TRID ‘Clarifying’ Letter; GSEs Won’t Conduct ‘Routine’ Post Purchase Reviews

December 30, 2015
Thomas Ressler
The CFPB letter is aimed at preventing the secondary mortgage market from getting clogged up...
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SEC Faults Larger Rating Services for Issues Tied to Reviews on Non-Agency MBS

December 30, 2015
Brandon Ivey
The SEC recommends that the rating service in question establish and maintain effective internal controls and more…
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Short Takes: The loanDepot IPO Could Happen in 2016 / Just Because the CFPB Issues a Letter That Doesn’t Mean Some Lawyer Somewhere Won’t Sue / FA: Fraud Risk Rises in FL / Radian Becomes PMIER Compliant

December 30, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
Now that the Consumer Financial Protection Bureau has issued a “clarifying” letter on TRID errors, all is well, right? Not necessarily...
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The Future of Mortgage Growth: It’s Mostly Non-White

December 29, 2015
George Brooks
“Erosion of homeownership for blacks threatens to undermine their ability to gain and maintain economic stability, not to mention build assets,” said UI’s Rolf Pendall.
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California CU Offering No Downpayment Option, Using a 80/20 ‘Piggyback’ Loan

December 29, 2015
Brandon Ivey
Borrowers are required to have a credit score of at least 700 and at least three months of reserves...
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CFPB Brings $3.1 Million Lawsuit Against Law Firm Over Debt Collection Practices

December 29, 2015
Thomas Ressler
No mortgage-related misconduct was alleged in the bureau’s latest action, but servicers shouldn’t take much comfort from the omission...
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California Remains the GSE Loan King

December 29, 2015
Paul Muolo
California also has the distinction of having one of the higher broker-GSE ratios in the nation: 21.5 percent.
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Short Takes: Home Prices Back to Pre-Bust Levels / Hot Growth for Denver, SF, Portland / A 10-Year HELOC / FHLB Cuts Warehouse Line / WJB Picks a New CIO

December 29, 2015
Carisa Chappell, Brandon Ivey, and Paul Muolo
It’s not every day that a Federal Home Loan Bank tells one of its members to reduce its credit facilities...
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Latest Imf News

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Featured Data

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