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Freedom Mortgage Isn’t Done Buying; Wants ‘Feet on the Street’

November 4, 2014
Paul Muolo
The Mt. Laurel, NJ-based Freedom is eager to grow its retail presence in the U.S., but is still committed to third-party lending where it has a large presence.
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Short Takes: What is it With New York State? / UGI Posts Strong Earnings / Freddie’s Incredibly Shrinking REO / Ocwen Official Departs for LenderLive / Ohio Rules in Freddie’s Favor

November 4, 2014
Paul Muolo and Charles Wisniowski
When pressed further, Middleman noted that getting acquisitions approved in the Empire State can “take a long time”…
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HUD Won’t Adopt CFPB’s Amended QM Points-and-Fees ‘Cure’ Provision

November 4, 2014
George Brooks
The CFPB initially allowed a simple refund of the excess amount under certain conditions...
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3Q Mortgage Income Rises at Regional Banks

November 3, 2014
Brandon Ivey
BB&T posted $80 million of mortgage banking net income in the third quarter, up sharply from a negative $21 million suffered in the previous quarter.
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2015 Origination Forecast: Cloudy with a Hint of Optimism

November 3, 2014
John Bancroft
If housing markets are stronger than expected and rates stay low enough, originations could hit $1.421 trillion next year.
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Uncertain Future for GSEs Will Accelerate Turnover at the Mortgage Giants

November 3, 2014
Charles Wisniowski
Seu pointed to the steady “brain drain” of talent from Fannie Mae and Freddie Mac...
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Analysts: The Wells Fargo-Ocwen MSR Deal No Longer Makes Sense

November 3, 2014
Paul Muolo
A recent research note from Sterne Agee predicts higher operating costs for Ocwen because of its ongoing regulatory disputes with the New York Department of Financial Services.
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Freedom Mortgage Buying LI Lender CHL Through ‘Asset’ Purchase

November 3, 2014
Paul Muolo
With Continental Home Loan under its umbrella, Freedom believes its production run-rate will be $2 billion a month.
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Short Takes: Mortgage Brokers Putting All Their Eggs In One Basket? / Are Cash-Out Refis Making a Comeback? / Piggy-back Loans Too? / Holy Ellie /MI Update

November 3, 2014
George Brooks and Paul Muolo
What? Are piggy-back mortgages making a comeback?
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Academic Weighs in on GSEs' Future: Obama Should go with an ‘Administrative’ Solution

October 31, 2014
Charles Wisniowski
An administrative solution is already possible within the Housing and Economic Recovery Act of 2008, which grants the FHFA authority to bring the GSEs out of conservatorship.
Read More
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Latest Imf News

  • Fed to Propose Capital Changes for Banks, Mortgages

  • Prime Non-Agency MBS Issuance Increases Nearly 40% in 2025

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Featured Data

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  • January Ushers In New Year With Modest Gain in MBS

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