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Apathy Setting in on GSE Legislation. Industry Focus Shifts to Reg Reform

April 2, 2018
Paul Muolo
Cowen & Co. recently updated its forecast on GSE reform passing this year, slashing the odds to just 10 percent.
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MBA Calls for ‘Regulatory Sandbox’ for Non-QM Lending Ahead of Treasury Report on FinTech

April 2, 2018
Brandon Ivey
The idea is to offer “a space where businesses can test innovative products and processes without risk of regulatory consequences,” according to the Mortgage Bankers Association…
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KBW: Servicing Values Up 7 to 15 percent YTD

April 2, 2018
Paul Muolo
A Ginnie Mae crackdown on “loan churning” is helping MSR values in that sector as well…
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Short Takes: 1Q18 was a Mixed Bag / Selected Reports of Strong Growth / MIAC was Busy with MSR Auctions / Here Come the Proxies / Waiting on the BLS

April 2, 2018
Paul Muolo
Meanwhile, the servicing sector appears to be picking up a head of steam...
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Fannie/Freddie Shareholders Continue to File Lawsuits Challenging Treasury Sweep

April 2, 2018
Carisa Chappell
The company said it made the investments because it believed in the future economic prospects of the companies…
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Barclays Settles Pre-Crisis Non-Agency MBS Issues with DOJ for $2.0 Billion; Two Former Execs Also Settle

March 30, 2018
Brandon Ivey
Charges were also filed against Paul Menefee, the former head banker of Barclays’ subprime MBS unit...
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What We’re Hearing: Not Much Time Left for the GSE ‘Gang of Four’ / Don (Heart) Fannie and Freddie / Go Ahead, Keep on Suing / Why Join a Company That’s in Conservatorship? / CoreLogic Reduces its Head Count / CMLA Not Amused

March 30, 2018
Paul Muolo
At yearend 2017, CoreLogic employed 5,900, a reduction of 400 full-timers over the previous 12 months...
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Freddie Mac Taps CoreLogic’s Sam Khater as New Chief Economist

March 29, 2018
Paul Muolo
A spokeswoman for CoreLogic confirmed that Khater is leaving the company…
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GSE NPL Sales Tanked in 2017 – And That’s a Good Thing

March 29, 2018
Paul Muolo
The FHFA noted that the GSE NPL auctions are open to any qualified bidder…
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Concerns Remain About Impact of Portfolio QM

March 29, 2018
Brandon Ivey
Moody’s noted that if the provision becomes law, small banks won’t have to meet certain documentation requirements included in the CFPB’s ability-to-repay rule…
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Latest Imf News

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Featured Data

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Featured Reports

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