Short Takes: The GSE G-Fee ‘Tax’ that Time Forgot / Sunset Rising / Nonbank Completes Bank Purchase (A Rarity) / Ocwen’s Cash Position / Panorama Names Egenhoefer MGD May 7, 2019 Paul Muolo It's only 10 basis points on GSE loans, but it can add up...Read More
Freddie CEO Don Layton Headed to a Think Tank May 7, 2019 Dennis Hollier Layton said there's still work to be done at Freddie Mac...Read More
Short Takes: Hensarling Staffer Headed to FHFA? / Hensarling’s Dream / Mortgage M&A Heats Up / A Warehouse Update from NewDay / New Diligence Advisors Gets the Nod May 6, 2019 Paul Muolo One of Hensarling's legislative architects headed to the FHFA?Read More
The FHFA Hiring Machine Continues to Rev its Engine May 6, 2019 Dennis Hollier Patenaude is the daughter of Pam Patenaude, who stepped down as deputy secretary of HUD earlier this year.Read More
Loan Brokers Add Jobs, Mortgage Bankers Cut May 6, 2019 Paul Muolo Although the overall job market is strong, all is not well in the mortgage industry. Maybe next month will be better...Read More
NLRB: Quicken Justified in Firing Employee after Foul Language Incident in Bathroom April 30, 2019 Brandon Ivey The National Labor Relations Board sided with Quicken Loans in the dispute...Read More
Short Takes: President Trump to the Rescue (On Rates)? / Then Again, If Stocks Crumble / Warehouse Risk? / Sales Commissions Continue to Rise / New Hires for Greystone April 29, 2019 Paul Muolo Sales commissions for retail loan originators totaled 111 basis points last year, according to a tally from MBA...Read More
What We’re Hearing: Due Out Next Week: GSE Earnings / The Last Dividend Payment? / Maybe a Chance at Reform Legislation? / LendingTree’s Money Tree? / MIAC’s MSR Auction April 26, 2019 Paul Muolo Keep an eye on what the GSEs say about their dividend payment...Read More
A Step Closer to Transitional Licenses for Residential Loan Officers April 25, 2019 Yemeng Yang Typically, loan officers do not need to apply for the transitional licenses separately... Read More
Short Takes: Believing in Big Payoff (Someday) / A Nice Return Based on 2019 Calculations / WMC Files for BK / Starting Out in Life as Weyerhaeuser / Two Lenders Form a Combo April 24, 2019 Paul Muolo Industry vets might recall that WMC started out in life as Weyerhaeuser Mortgage...Read More
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