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Short Takes: GSE Dividend Payments: All Systems Go? / Cutting GSE Shareholders out of the Equation? / Wintrust Buying Mortgage Assets from VA Lender / UWM and MC Strike Deal / Chase Exec Bolts for Hamilton

December 13, 2017
Paul Muolo
In a new blog posting, Investors Unite asks the basic question: “Are Fannie’s and Freddie’s foes driving GSE reform?”
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Senate Vote on FHA Nominee Could Come Before Yearend

December 12, 2017
George Brooks
If Montgomery garners final approval, HUD Secretary Ben Carson will begin tackling key issues, including finalizing new condominium rules, dealing with reverse mortgage losses and more…
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Short Takes: Casey (Crawford) Sacked by Mortgage Regulators in California / The California Wild Fires and Mortgages / MBA Hires Spencer Stuart for CEO Search / Dems File Amicus Brief in CFPB Case

December 12, 2017
Paul Muolo and Thomas Ressler
Moral of the story: If you're going to service loans in California, you better have a license...
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It’s that Time of the Year: Mortgage Layoffs

December 11, 2017
Paul Muolo
Still, large cutbacks have not been the norm, at least not yet…
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Short Takes: And Now for a Word About Bitcoin / Can Trump Clear the Air? / Consultant Wonders about Endorsements / MIAC Selling NPLs, RPLs / Farmer Mac CEO Fired with No Severance

December 11, 2017
Paul Muolo
One of these days an answer will arrive, but until a mortgage company is sold for Bitcoins, we’ll stay on the sidelines…
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Guaranteed Rate Sues Former Executive Over ‘Talent Raid’

December 8, 2017
Carisa Chappell
But former Guaranteed Rate executive Joseph Caltabiano denies the allegations…
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What We’re Hearing: President Trump: Wells Fargo Will be Fined / President Trump? / Time to Exempt Fannie and Freddie from the GOP Tax Overhaul? / Who Lost the GSEs? / Hensarling’s Change of Heart, Why? / CMLA Names Former Freddie Official Acting Director

December 8, 2017
Paul Muolo
Now comes the big question: Why is the president of the United States weighing in on a bank regulatory issue? Then again, it’s Donald Trump. Mortgage ramifications? Stay tuned…
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Walter’s New CFO, a Former JPM Executive, Could Earn Almost $1 Million Next Year

December 7, 2017
Paul Muolo
Lombardo joins Walter, the parent of Ditech Financial, from the community banking division of JPMorgan Chase.
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Short Takes: Not Happy with Jeb’s GSE Comments / Lame Duck or Not… / White House Leaning Toward Michael Bright / Granite Ramps Up Commercial Commitments / Dart Hires Finance VP

December 7, 2017
Paul Muolo
It's only a matter of time before the White House officially nominates acting Ginnie Mae president Michael Bright to be the permanent head of the agency...
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Short Takes: DoubleLine Eyeing Non-QM Sector / Connecticut Lender Attempts ‘12 in 12’ / Sen. Warren Worries about OMB Staffers Embedded at CFPB / English Gets to Keep Her Regular Job, for Now / A Promotion at LoanLogics

December 6, 2017
Paul Muolo and Thomas Ressler
Sen. Elizabeth Warren wants a complete list of OMB staffers who have been detailed to the CFPB by Mulvaney...
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