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Guaranteed Rate Sues Former Executive Over ‘Talent Raid’

December 8, 2017
Carisa Chappell
But former Guaranteed Rate executive Joseph Caltabiano denies the allegations…
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Hensarling is Ready to Deal on GSE Reform, but Will it Happen?

December 8, 2017
Paul Muolo
Rep. Hensarling: “This means the government needs to be in the last-loss position, with multiple layers of private capital, as diversified as possible, stacked up before it.”
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FHA Unveils New Loan Limits for 2018

December 8, 2017
George Brooks
FHA regulations currently do not allow HECM loan limits to vary by metropolitan statistical area or county…
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FHA to Halt Insuring Mortgages on Homes with PACE Assessments

December 8, 2017
George Brooks
The PACE decision follows last month’s release of the annual audit of the Mutual Mortgage Insurance Fund, which showed a decline in economic value…
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What We’re Hearing: President Trump: Wells Fargo Will be Fined / President Trump? / Time to Exempt Fannie and Freddie from the GOP Tax Overhaul? / Who Lost the GSEs? / Hensarling’s Change of Heart, Why? / CMLA Names Former Freddie Official Acting Director

December 8, 2017
Paul Muolo
Now comes the big question: Why is the president of the United States weighing in on a bank regulatory issue? Then again, it’s Donald Trump. Mortgage ramifications? Stay tuned…
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Purchase Mortgages Continued to Dominate in 3Q17 but Refis Gained Ground

December 7, 2017
John Bancroft
Agency MBS data indicate that first-time buyers have been key to this year’s surge in purchase-mortgage activity...
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New CFPB Acting Director Mulvaney Moves Quickly to Intervene in Legal Case

December 7, 2017
Thomas Ressler
Attorney Alan Kaplinsky said the new filing “may be an indicator of the enforcement philosophy of Mick Mulvaney… and how that philosophy may impact future CFPB enforcement activity.”
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If Rep. Hensarling Gets His Way, GSE Shareholders Would be Wiped Out

December 7, 2017
Paul Muolo
If the Texas Republican gets his way, investment firms including Pershing Square and Fairholme Funds stand to lose the millions of dollars…
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Walter’s New CFO, a Former JPM Executive, Could Earn Almost $1 Million Next Year

December 7, 2017
Paul Muolo
Lombardo joins Walter, the parent of Ditech Financial, from the community banking division of JPMorgan Chase.
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Ginnie Mae Issues New Rules to Stem Loan Churning

December 7, 2017
Paul Muolo
Acting Ginnie Mae President Michael Bright also issued a warning that expulsion from the program for “lenders who produce pools with inexplicably fast prepayment speeds” was a distinct possibility.
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Latest Imf News

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