Short Takes: Exiting a GSE Investment / The Fed Likely Will Greenlight the BB&T-SunTrust Merger / No. 9 / Please, Just Don’t Pick a Name Like Mr. Cooper / How Much Lower Can Ditech Go? / CoesterVMS? February 11, 2019 Paul Muolo The big unknown about the merger: Once completed, what name will the new bank and mortgage company take? Read More
What We’re Hearing: Salivating at the Prospect of a Fannie-Freddie Stock Offering? / Mulvaney Again / Waiting in the Wings for Treasury’s GSE Assignment? / What Could Stand in the Way? / MI Roundup / Wells Fargo, the MBS King / A New Legislative Hire for February 8, 2019 Paul Muolo But one thing is certain: the Trump White House is not monkeying around with GSE reform...Read More
Agency MBS Production Fell Modestly in January February 8, 2019 John Bancroft It was the lowest combined output for the three agencies since February 2016, when just $80.49 billion of new MBS were issued.Read More
Calabria’s FHFA Nomination Hearing Set for Feb. 14 February 8, 2019 Paul Muolo Calabria has firm support among Republicans on the SBC and the backing of Senate Minority Leader Mitch McConnell...Read More
While Conventional Lenders Slip, Angel Oak and Citadel Excel February 8, 2019 Paul Muolo In comparison, Wells Fargo, JPMorgan Chase and Quicken Loans posted volume declines of 17.1%, 19.3% and 3.0%, respectively…Read More
MBA Issues Primer for Smooth LIBOR Transition February 8, 2019 George Brooks MBA wants lenders to act early on issues identified in the primer to ensure transition to a new benchmark rate is as seamless as possible.Read More
Bill Introduced to Install an Independent IG at the CFPB February 8, 2019 Yemeng Yang Currently, the bureau shares an inspector general with the Federal Reserve...Read More
4Q18 Ugly: All Major Mortgage Product Groups Suffer February 7, 2019 John Bancroft Expanded-credit was the only corner of the market that grew last year – by an estimated $7.6 billion…Read More
A Mortgage Giant in the Making? BB&T, SunTrust Set Merger February 7, 2019 Paul Muolo Once the merger is completed, the combined institution will rank ninth, just ahead of AmeriHome Mortgage.Read More
Mortgage Tech in Transformation? Ellie Mae Contemplates a Sale February 7, 2019 Yemeng Yang Industry consultant Paul Hindman: “It’s all about the next tech platform.”Read More
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