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
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
BlackRock’s Stake in Ocwen Financial: 6.3%. Meaning? February 7, 2019 Paul Muolo Ocwen would like to buy mortgage servicing rights once again, but…Read More
Short Takes: Hoping and Praying for the Right GSE Outcome / Contemplating a Settlement by the Government / Setting the Table for a Merger / #9 Mortgage Dream: SunTrust-BB&T Deal / IMA’s Bulk MSR Deal February 7, 2019 Paul Muolo Open hostility toward the government's GSE case?Read More
Nonbanks Dominate in Bulk MSR Sales, A Stunning Reversal for Ginnie Transfers February 6, 2019 Paul Muolo In years past, Ginnie MSR sales have lagged because of concerns tied to agency acknowledgement agreements…Read More
What We’re Hearing: Craig Phillips, the ‘Ax’ / What We Talk About When We Talk About GSE Reform / Next Up: Meetings on Capitol Hill / Time for Treasury to Hire an Investment Banker? / Keeping an Eye on loanDepot / More VC Money for Better Mortgage February 1, 2019 Paul Muolo And some point, it stands to reason that the U.S. Treasury Department would hire an investment banking firm with a specialty in Washington matters to assist in a recap and release plan…Read More
Sen. Crapo Releases GSE Reform Outline. Is it DOA? February 1, 2019 Dennis Hollier Under the Crapo plan, the multifamily business of Fannie and Freddie would be sold to the highest bidder...Read More
Mortgage Servicing Market Grew More Top Heavy Late Last Year January 31, 2019 John Bancroft Wells Fargo, the nation’s largest home lender and servicer, saw its MSR portfolio shrink by 1.6 percent on a sequential basis…Read More
Trump Political Operative Named FHFA Chief of Staff January 31, 2019 Dennis Hollier The appointment is effective February 4... Read More
Otting’s Appointment at FHFA May Be Illegal January 31, 2019 Dennis Hollier Should the White House have picked one of three deputy directors instead?Read More
RSS