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Short Takes: Nationstar’s Other Suitor? / Break it Into Three / Ex-Stearns CEO Brian Hale Resurfaces / Too Many Vacancies, Not Enough Interested Individuals? / NewDay Hires SVP

March 5, 2018
Paul Muolo
It’s believed that one of the “pieces” the new owner planned to spin off was Xome, a real estate vendor that works with consumers…
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Mortgage REITs Continue to Build MBS Portfolios, a 17 Percent Gain for the Year

March 2, 2018
John Bancroft
Redwood Trust grew its non-agency holdings by an impressive 38 percent…
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The SFIG Roundup: Market Participants Confident, Record Attendance. What Could Go Wrong?

March 2, 2018
Brandon Ivey
Issuance is increasing across various asset sectors, with many sponsors reporting improved pricing and growing interest from investors…
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Ocwen and PHH: A Match Made in Adversity?

March 2, 2018
Paul Muolo
PHH’s common once traded as high as $28 a share, Ocwen $58 a share. Today they trade for $10.50 and $3.50, respectively…
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HUD Tells States to Factor in Rising Sea Levels. (Yes, You Read that Correctly)

March 2, 2018
George Brooks
“But HUD is doing the right thing here,” said Rob Moore, a senior policy analyst at the Natural Resources Defense Council.
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What We’re Hearing: Ocwen’s CFPB Problem Isn’t Going Away / Overseas Regulatory Exposure / Jeb Hensarling’s GSE Bill / Does the AEI have the Ear of the White House? / HUD Secretary Shocked to Find Gambling in his Establishment / Brian Montgomery, the Pati

March 2, 2018
Paul Muolo
A few years back, Pinto and AEI unveiled a new mortgage product called the Wealth Building Home Loan, which was intended to provide an affordable mortgage option for low- and middle-income borrowers.
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Concerned about Nonbanks, Ginnie Mae Mulling Changes to its ‘Acknowledgement Agreement’

March 1, 2018
George Brooks
Acting Ginnie Mae President Michael Bright: “If they don’t have money to make principal and interest payments to investors every 20th day of the month, then Ginnie MBS are in trouble.”
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A $41 Million Profit for Nationstar in 4Q17 and Higher Originations Too

March 1, 2018
Paul Muolo
Two years ago, Nationstar Mortgage subserviced just $22 billion in loans. Today the figure is...
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Purchase-Mortgage Lending Turns in its Best Year Since 2006

March 1, 2018
John Bancroft
An estimated $1.148 trillion of home-purchase mortgages were originated in 2017, a 10.7 percent increase from the prior year.
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Ocwen Reveals the Bloom May be Off the Rose at its India-based Operations

March 1, 2018
Paul Muolo
Ocwen disclosed this warning: “Non-compliance with the laws and regulations of India or the Philippines could result in restrictions on our operations in these countries, fines, penalties or sanctions or reputational damage.”
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Latest Imf News

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Featured Data

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