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Short Takes: Not Happy with Jeb’s GSE Comments / Lame Duck or Not… / White House Leaning Toward Michael Bright / Granite Ramps Up Commercial Commitments / Dart Hires Finance VP

December 7, 2017
Paul Muolo
It's only a matter of time before the White House officially nominates acting Ginnie Mae president Michael Bright to be the permanent head of the agency...
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New Residential Set to Buy a Bona Fide Mortgage Banking Company – the Beginning of a Trend?

December 7, 2017
The recent announcement that New Residential Investment Corp. will buy the New Penn mort-gage banking operation of Shellpoint Partners is fueling speculation that more publicly traded real es-tate investment trusts might dive into the business of residential lending.
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Senate Banking Committee Advances Reg Relief Bill With Substantial Mortgage Reform

December 6, 2017
Thomas Ressler
Can it be? A bi-partisan reg relief measure that helps the mortgage industry?
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Production, Servicing Profits Up in 3Q17

December 6, 2017
John Bancroft
Servicing income rose 1.5 percent during the third quarter, although five of the 12 companies reported declines and one of them – PHH Mortgage – posted a loss.
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Redwood Unveils Expansion Plans: Funding Nonbanks and Lending on Investment Properties

December 6, 2017
Brandon Ivey
Redwood: “We will offer new ways for these [nonbank] sellers to optimize their capital bases…”
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Since the Summer, a Sweet Rally for Fannie Mae, Freddie Mac Common. Meaning?

December 6, 2017
Paul Muolo
Investor Pershing Square Capital should be happy. The firm owns roughly 9.98 percent of Fannie common and 9.77 percent of Freddie.
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HomeStreet Investors Criticize the Bank’s Mortgage Business

December 6, 2017
Brandon Ivey
The investor was also critical of HomeStreet’s efforts to expand its footprint beyond the Pacific Northwest…
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Short Takes: DoubleLine Eyeing Non-QM Sector / Connecticut Lender Attempts ‘12 in 12’ / Sen. Warren Worries about OMB Staffers Embedded at CFPB / English Gets to Keep Her Regular Job, for Now / A Promotion at LoanLogics

December 6, 2017
Paul Muolo and Thomas Ressler
Sen. Elizabeth Warren wants a complete list of OMB staffers who have been detailed to the CFPB by Mulvaney...
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HFSC Chairman Hensarling Makes it Official – He’s Open to Idea of U.S. Backing Mortgages, but Still Wants to Kill Fannie and Freddie

December 6, 2017
Paul Muolo
However, Hensarling is adamant that the plug be pulled on Fannie Mae and Freddie Mac...
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FHFA Updates CSP Project: $661.6 Billion of Issuance Thus Far for Freddie; A Fear of Price Differentials?

December 5, 2017
Paul Muolo
The FHFA said it’s working with Fannie and Freddie to “develop processes to identify and align those enterprise programs, policies, and practices that could materially affect prepayments.”
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Latest Imf News

  • Oksenholt Defends Single Holding Company for GSEs, Tech

  • Large Servicers See Reduction in Jumbo Portfolios in 2Q

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  • Garg Claims to be ‘True’ CEO of Better

More Imf News

Featured Data

  • Slowing Refis Drag on Ginnie Issuance in July

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  • Refis Trail Off in 2Q, Purchase Lending Slightly Ahead of 2025

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Featured Reports

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Featured Poll

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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