Expanded-Credit Production Spikes 20% in 2018 March 4, 2019 Brandon Ivey Angel Oak and Citadel Servicing Corp. both turned in banner years...Read More
HECM Production Slowed by Government Closure March 4, 2019 George Brooks The HECM carnage was widespread…Read More
Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage March 4, 2019 Paul Muolo, Brandon Ivey, and George Brooks More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...Read More
What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director March 1, 2019 Paul Muolo Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs? Read More
How Soon Can the Calabria Vote Reach the Senate Floor? May? March 1, 2019 Dennis Hollier One GOP staffer told Inside Mortgage Finance the combination of strong industry support for Calabria, plus the nominee’s “bravura performance” at his confirmation hearing, probably sealed the deal on a quick trip.Read More
Nonbanks’ Non-QM Acquisition Strategies Differ March 1, 2019 Brandon Ivey MFA, on the other hand, is acquiring non-QMs from several unidentified lenders via whole loan acquisitions…Read More
Purchase Loans Dominate in 2018, Refi Share Rises in 4Q18 February 28, 2019 John Bancroft The purchase-mortgage share reached 70.6%, the highest reading since 1990...Read More
Ellie Mae Proxy Reveals Kill Fees and a Big Golden Parachute for CEO February 28, 2019 Paul Muolo Ellie Mae executives entitled to “golden parachute” payments include Jonathan Corr, Dan Madden, Cathleen Schreiner Gates and others…Read More
ATTOM: Fewer Home Flips but More Borrowed Money February 28, 2019 Yemeng Yang Translation: fewer loan units but a higher dollar volume.Read More
Borrowers Averse to Refis, Even When They’re Free February 28, 2019 Dennis Hollier The study looked at why borrowers would turn their noses up at free money…Read More
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