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Originations
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Freddie Single-Family Chief David Lowman Sets Departure Date

October 8, 2019
Dennis Hollier

Departing GSE executive David Lowman: “With over six years at Freddie Mac, I want to take advantage of opportunities presented by the rapidly evolving mortgage finance marketplace and its adjacent industries."


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Short Takes: FHFA Sets the ‘Deliverables’ / The Value of the Contract? / The Waiting is the Hard Part (Montgomery Nomination) / High Marks / Non-QM Lender Declares a Dividend

October 8, 2019
Paul Muolo and George Brooks

Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…


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Retail Channel Gains Market Share in the Agency Category

October 8, 2019
John Bancroft

The gain in retail market share came at the expense of both correspondent and wholesale-broker originations.


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Complaints Regarding Credit Reports Tip the Scales in New CFPB Tally

October 8, 2019
Yemeng Yang

However, it was a different picture in terms of complaints regarding credit reports…


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Lenders Anticipate Strong Originations for the Rest of 2019

October 8, 2019
Paul Muolo

In the second quarter, lenders funded $565 billion, an eye-popping sequential gain of 59.2%. It’s anticipated that the fourth quarter will yield the same, if not more.


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Short Takes: Trump Gets High Marks on GSE Progress / New Day Rising / Zillow Shares Languish / Financing the Flippers / A New Hire for PrimeLending

October 7, 2019
Paul Muolo and Brandon Ivey

The former Fannie Mae executive is not shy about expressing his views...


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California Nonbank Readies HELOC-backed Security Using Blockchain

October 7, 2019
Brandon Ivey

Cagney’s name should be familiar to mortgage professionals. He also founded fintech lender SoFi…


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Booming GSE Market More Fragmented in 3Q19

October 7, 2019
John Bancroft

Small and mid-sized mortgage bankers saw a 65.7% jump in GSE loan sales, pushing their share of the market 2.1 percentage points higher…


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Starwood Stocks MBS with Non-Agency Investment Properties

October 7, 2019
Brandon Ivey

All of the loans in the MBS were underwritten using debt-service coverage ratios.


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FHFA Seeks Contractor to Assist with Fannie/Freddie Recap and Release

October 4, 2019
Paul Muolo

The Federal Housing Finance Agency makes it clear that only firms with experience and knowledge in the arena of housing finance will be considered.


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