What We’re Hearing: Franklin Raines’ Dream / FannieMae.com? / The Hype Behind Digital Mortgages and Cost Savings / Replacing Moderately Paid Workers with Expensive Programmers / Calabria a Lock? / NAR's GSE Ideas February 22, 2019 Paul Muolo And here’s another farce: Once the system is built, maintaining it will be cheap (because regulations and products never change)…Read More
Mortgage Broker Market Share Hits 9-Year High February 21, 2019 John Bancroft The gain in the sector was largely attributable to the biggest player in table-funding: United Wholesale Mortgage…Read More
Alter the Fannie/Freddie Dividend Payment: Yes or No? February 21, 2019 Paul Muolo If the dividend payment is altered, look for GSE stocks to rally even more…Read More
Short Takes: BSI Looking to Buy MSR Portfolios / Goldstone Running the Program / A Red Hot Servicing Market / A Strong Quarter for Texas Capital / Slip, Sliding Away: Fannie’s and Freddie’s Subprime Assets February 21, 2019 Paul Muolo and Brandon Ivey A red hot servicing market is keeping deal makers happy...Read More
IMA Offers Up an $11.9 Billion Fannie/Ginnie MSR Package February 20, 2019 Paul Muolo Roughly 21% of the receivables are in California…Read More
M&A Blues: Why Good Companies Aren’t Selling February 19, 2019 Paul Muolo Rumors continue to abound that internet retailing giant Amazon wants in…Read More
What We’re Hearing: Calabria, a Sure Bet? / Warm Thoughts About Fannie-Freddie Loan Limits / Retaining More Capital / Congress? / Conservatorship Purgatory / Looks Like Radian is in Play / A Sale Dragging On and On and On: Genworth / Industry Vet Rudy Orm February 15, 2019 Paul Muolo On the doorstep: The recap and release of Fannie and Freddie?Read More
HomeStreet Bank Looks to Sell Mortgage Origination Business, MSRs February 15, 2019 Brandon Ivey The Seattle-based depository hired Keefe, Bruyette & Woods and MountainView as sale advisors…Read More
Redwood Cites Strong Competition in the Non-Agency Market February 15, 2019 Brandon Ivey Redwood President Dashiell Robinson said demand for whole loans remains strong...Read More
Mortgage Jobs Grim with Selected Pockets of Hope February 13, 2019 Paul Muolo But not all conventional lenders are handing out pink slips these days...Read More