Fitch: Consolidation Expected Among Nonbank Servicers. Rising Costs a Major Concern March 14, 2018 Brandon Ivey Fitch said independent nonbank servicers remain vulnerable to rising costs…Read More
IMA Hits the Market with a Large Bulk GSE Auction March 14, 2018 Paul Muolo The package from IMA boasts low delinquencies and a high percentage of loans based in California…Read More
Fresh Off of Restructuring Walter/Ditech, Renzi Joins the Nation’s Largest Subservicer March 14, 2018 Paul Muolo Earlier this year, Renzi stepped down as CEO and president of Walter Investment Management Corp., the parent of Ditech Financial...Read More
The Final Tally for 2017: $251 Billion of FHA Loans March 14, 2018 George Brooks California led all states in FHA mortgage securitization with $39 billion…Read More
Short Takes: Should the GSEs Use ‘Alt’ Credit Scores? / A Good Chance of Passage? / Ben Carson Heading Home? / An MPF Milestone / A New Hire for SLK Global March 14, 2018 Paul Muolo Will Department of Housing and Urban Development Secretary Ben Carson be the next Trump cabinet member to depart?Read More
Impac Gets Slammed by Lower Originations, Trump Tax Bill; Long-Time CEO Joe Tomkinson is Departing March 14, 2018 Paul Muolo The company confirmed that long-time chairman and CEO Joe Tomkinson will be stepping down at the end of July...Read More
Ginnie Mulls Changes to MSR Pacts to Improve Nonbank Liquidity March 13, 2018 George Brooks Nonbanks do not have safety and soundness regulators, which is causing anxiety inside the agency…Read More
LIBOR Won’t Disappear Until 2021, So Don’t Sweat It. Right? March 13, 2018 Brandon Ivey ICE Benchmark Administration plans to release a “roadmap” for LIBOR this year.Read More
New Disclosures Show that Fannie and Freddie Keep Adding Workers March 13, 2018 Paul Muolo Both companies have been solidly profitable since earlier in the decade…Read More
Fannie Ready to Dump Almost $2B of RPLs March 13, 2018 Paul Muolo The auction is being marketed in collaboration with Citigroup... Read More
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