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Short Takes: Sen. Warren Will Block CFPB Nominee / Midwestern Humility / Yet More Regulations Proposed for Home Servicers / If Maxine Waters Becomes Chairman… / The GSEs, More Dominant Than Ever?

June 19, 2018
Paul Muolo and Brandon Ivey
Sen. Elizabeth Warren: "Now Donald Trump wants her to run the CFPB. I will put a hold on her nomination – and fight it at every step – until she turns over all documents..."
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NMIC: Outlook for Housing Market No Longer Positive

June 19, 2018
Brandon Ivey
It’s the first time since 2010 that the insurance firm has not forecast a positive outlook...
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HECM Originations Spiked in 1Q18. (That’s Not a Misprint)

June 18, 2018
George Brooks
Reverse production increased 18.5 percent when measured against 1Q17.
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More Commercial Banks Bidding on Mortgage Servicing Rights. Changes to Basel III a Factor?

June 18, 2018
Paul Muolo
Ed Robinson, senior vice president in charge of mortgage banking for Fifth Third, told Inside Mortgage Finance his bank made a conscious decision to jump into the MSR acquisition arena…
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Trump Picks Career Government Official to Head the CFPB. A Way to Keep Mulvaney in Charge?

June 18, 2018
Paul Muolo
Cowen: “We see the nomination of Kathy Kraninger as a way to keep OMB Director Mick Mulvaney in charge of the Consumer Financial Protection Bureau for years to come..."
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Prestwick Selling Fannie MSR Package Into a Strong Market

June 18, 2018
Paul Muolo
Prestwick’s George Christo cites “float earnings” as a significant value driver…
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Should the FHFA Set Operational Standards for Mortgage Servicers? Rep. Waters Readies Bill

June 18, 2018
Paul Muolo
Mortgage servicers believe they already face intense regulatory scrutiny...
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Short Takes: CFPB Nominee’s LinkedIn Profile / Kraninger is a Radical Pick for Trump – She’s a Career Bureaucrat / The Thumb’s Up from Hensarling / FTC Action Against CoreLogic / A SC Branch for Mortgage Network

June 18, 2018
Paul Muolo and Brandon Ivey
Rep. Jeb Hensarling: "I’m confident that, under Kathy’s leadership, gone are the days of wasting more than $240 million of taxpayer money to renovate a building it doesn’t even own and paying staff to perform research that has nothing to do with the Bureau’s mission..."
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Flagstar Increases Due Diligence Sample Size with Latest Prime Non-Agency MBS

June 15, 2018
Brandon Ivey
Some rating services have concerns that a 20.0 percent due diligence sample rate is too low…
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MountainView Offers Fannie/Freddie MSR Portfolio

June 15, 2018
Paul Muolo
The average loan size of the package is $224,106…
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Latest Imf News

  • HUD Office Reorganization Plan Withdrawn After Brief Publication

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More Imf News

Featured Data

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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