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Short Takes: How Sweet a GSE Profit? / Put it in the ‘Lockbox’ / The Guessing Game on Watt’s Successor Continues / A Record for Guild Mortgage / A Big Quarter for Radian

July 26, 2018
Paul Muolo
Should Fannie/Freddie profits be put in a government lockbox?
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Short Takes: 25 Comments So Far on GSE Capital / Count Stegman and DeMarco Among Them / A FHFA Director Candidate? / China Changes Gears on U.S. RE / Large Georgia Bank Buys Florida Depository

July 25, 2018
Paul Muolo and Carisa Chappell
Among those weighing in on GSE capital: Michael Stegman, senior fellow at the Milken Institute, and former FHFA Acting Director Ed DeMarco...
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Arizona Nonbank Tells LOs at Other Companies They’re Getting Ripped Off

July 25, 2018
Paul Muolo
Geneva Financial has a message for all loan officers: “Compensation isn’t everything … said no one!”
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Congressionally Mandated Cap on GSE CEO Pay a Factor in Mayopoulos’ Departure at Fannie?

July 24, 2018
Paul Muolo
Fannie’s board soon will begin its search for a new CEO – a position that will need the blessing of its largest shareholder, the U.S. Treasury Department.
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Short Takes: Academy Mortgage Says It’s Not for Sale / Living on $600,000 Per Year in the Washington, DC, Area / Don Layton? / FHFA and Treasury Must Sign Off / Fannie’s Top Earners

July 24, 2018
Paul Muolo
Among Fannie’s top five executives, all earn more money per year than Mayopoulos...
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Industry Not Surprised by Mayopoulos’ Departure at Fannie; His #2 Makes Five Times What He Earns

July 24, 2018
Paul Muolo
Fannie’s board soon will begin its search for a new CEO – a position that will need the blessing of its largest shareholder, the U.S. Treasury Department.
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Short Takes: Will Trump Fire Fed Chief Powell? / If You Were Going to Hike Rates, You Should Have Told Me… / When Cutting Overhead is a Good Thing / Taveekanjana Returns to Movement Mortgage / Top Seterus Executive Departs for StoneHill

July 23, 2018
Paul Muolo
Consultant Joe Garrett: Remember that they’re your employees, not your family or friends...
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What We’re Hearing: Not So Fast on Those New Products, Fannie and Freddie / A Flashpoint: Financing a Corporate SF Landlord / Industry Input? / UWM Firing on All Cylinders / Non-QMs? No Thank You / PHH Executive Leaves for Due Diligence Firm

July 20, 2018
Paul Muolo
The MBA wants the FHFA to allow the industry to have a say in all new enterprise pilots, programs and products.
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CFPB Nominee Kraninger Lays Out Her Priorities

July 19, 2018
Paul Muolo and Yemeng Yang
Kraninger also avoided making a commitment to defend the CFPB’s constitutionality...
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Short Takes: Investors Unite is Not Happy / Are the GSEs ‘Zombie’ Like? / Non-QM Lender Verus Hikes Loan Cap to $5 Million / LoanSnap Raises More Capital / A New Hire for Servicing Advisor MorVest

July 19, 2018
Paul Muolo and Brandon Ivey
Of course, there are some in the industry who will argue Fannie and Freddie are hardly zombie-like at all...
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