Short Takes: A New Wave of Optimism? / Value Your CFO / Feds Plan Community Hearings on BB&T-SunTrust Deal / MFA Buying Plenty of Whole Loans. Can An MBS Be Next? / Former HUD Official Pam Patenaude Lands March 18, 2019 Paul Muolo Mortgage REIT MFA Financial, New York, bought roughly $1 billion worth of loans during the fourth quarter...Read More
Lender Diversity, Inclusion Activities on CFPB’s Radar Screen March 14, 2019 Yemeng Yang The letters refer to the diversity and inclusion standards issued by the agency in 2015...Read More
Short Takes: Not the Best Written Indictment? (Manafort) / Bought for $3 Million but Worth $8 Million a Few Years Later / Rates Move Lower / Applications Move Higher / PennyMac’s $200 Million Stock Sale / A New Hire for Gateway Mortgage March 14, 2019 Paul Muolo Thanks to declining interest rates, lenders are feeling more optimistic these days...Read More
Short Takes: More Non-QM MBS Deals on the Way / What’s Ginnie Mae Really Worried About? / A Big ‘Nothing Burger’? / What Borrowers Want When They Shop Online for a Mortgage / Amherst’s Appetite for SFR / A New Hire for Incenter March 13, 2019 Paul Muolo Another official described the Ginnie Mae change as a “nothing burger…”Read More
HFSC Chairwoman Asks CFPB Staffers to Expose Bad Bosses March 12, 2019 Yemeng Yang The Congresswoman said she is troubled by recent reports that show employee satisfaction at the CFPB fell sharply last year…Read More
Short Takes: Banking on a GSE Dividend / Maybe Next Time Around / Democrats Put CFPB Chief Kraninger on the Grill / Home Point Expands Correspondent Presence / A New Creative Hire for Guaranteed Rate March 12, 2019 Paul Muolo and Yemeng Yang Kraninger faced some tough questions from Sen. Warren...Read More
Short Takes: Impac, Better Late Than Never / Wall Street Roots / An Early Start to Spring Home Buying? / Sprague Departs Phoenix Capital for STRATMOR Consultancy March 11, 2019 Paul Muolo An early start to the spring home buying season?Read More
Short Takes: Ben Carson to Leave HUD After 2020 Election? / CFPB Hearing / Home Price Appreciation Slows / Mortgage Applications Down / Pinto’s Housing Finance Reform Plan March 6, 2019 Yemeng Yang Housing and Urban Department Secretary Ben Carson said he is planning on leaving his post at the end of President Trump’s first term ...Read More
Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking March 5, 2019 Yemeng Yang Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...Read More
Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage March 4, 2019 Paul Muolo, Brandon Ivey, and George Brooks More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...Read More
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