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Short Takes: Cooperman and Omega Throwing in the Towel on Altisource / ASPS Hits New, 52-Week Low / WinWater’s New Jumbo Deal / Lower Originations? / The Best MSRs Go First

March 19, 2015
Brandon Ivey and Paul Muolo

The Beginning of a Trend? Banks Finally Beef Up MSR Holdings (Slightly)

March 18, 2015
John Bancroft
With JPMorgan Chase slated to buy $45 billion worth of Fannie Mae rights from nonbank Ocwen Financial the shift in MSRs over to banks likely will continue...
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FHFA IG Says GSE Profit Revival Won’t Last; G-Fee Doubts?

March 18, 2015
Paul Muolo
Another possible outcome on g-fees is no change at all. To date, FHFA Director Mel Watt hasn’t tipped his hand.
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Ocwen Delays 4Q Results Once Again, Raises Questions About Its MSR Spin-Off, HLSS

March 18, 2015
Paul Muolo
Meanwhile, HLSS on Wednesday disclosed that it too needs more time to file its annual 10-K...
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Lenders More Optimistic on Profits, Mortgage Demand

March 18, 2015
Carisa Chappell
Talk about optimism: Roughly 71 percent of firms surveyed said they expect purchase-mortgage demand to rise.
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Ocwen Inks Yet Another MSR Sale: $9.6 Billion of Freddie Product to Walter

March 18, 2015
Paul Muolo
Ocwen Financial is turning into an MSR selling machine!
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Short Takes: Nonprime Lender Deephaven Gains a Top Executive / A Harbinger of LLPA Changes? / An Easing of Credit Standards? / Where Are Impac’s Earnings? VRM Hires Former Fannie Official

March 18, 2015
Carisa Chappell and Paul Muolo
Subprime lender Deephaven Mortgage has a new executive...
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GSE Market Share Hits Post-Conservatorship Low in 4Q

March 17, 2015
John Bancroft
For all of last year, Fannie and Freddie securitization of newly-originated loans accounted for just 65.7 percent of MBS issuance, primarily because declining refi volume...
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Sources: JPMorgan the Buyer of Ocwen’s $45B Fannie MSR Portfolio

March 17, 2015
Paul Muolo
Walter Investment also was looking at the Ocwen receivables, sources said.
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The ‘Mystery’ Captive That Joined the Indianapolis FHLB is Five Oaks

March 17, 2015
Brandon Ivey
A ban on captive insurers joining the FHLB system appears to be over.
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Latest Imf News

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Featured Data

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