Short Takes: Bob Ryan Staying Put at FHFA / Treasury Likes Moelis? / 24 Million Banking and Mortgage Documents Exposed? / Something to Worry About / Not Collecting a Paycheck at Ginnie January 24, 2019 Paul Muolo Will the Moelis plan be the one?Read More
Short Takes: Amazon Interested Still? / MBA Reduces Origination Forecast / GOS to Widen? / Annaly Readies Non-Agency MBS / Ellington Weighs in on REIT Conversion / Existing Home Sales Decline / Promotions and New Hires at MGIC and Closing Corp January 23, 2019 Paul Muolo and Brandon Ivey MBA reduces its origination forecast for 2019, ever so slightly...Read More
Short Takes: Tim Mayopoulos Lands / More Hires at Blend / Bill Dallas and ‘The End of Easy’ / The Government Shutdown and Desperate Measures / SCOTUS and the CFPB January 22, 2019 Paul Muolo and Yemeng Yang Finance of America is calling 2019 'End of the Easy'...Read More
What We’re Hearing: GAO Worries About Fannie & Freddie / The Return of Jeb Hensarling / Top-Ranked Nonbank Enters the HELOC Market / Quicken Courts the Refi Market / Eddy Perez to Head MORPAC / Take Our Salary Survey January 18, 2019 The title of the new GAO report says it all: The Prolonged Conservatorships of Fannie Mae and Freddie Mac...Read More
Mortgage Employment Falls to 10-Month Low January 17, 2019 Paul Muolo Conventional lenders will have a tougher time of it this year...Read More
Short Takes: A Landmark Non-QM MBS from Angel Oak / Better Mortgage Sees Furloughed Government Workers and Comes Up with a Product to Serve Them / Retail Declines at BB&T / Seterus Hands Out Pink Slips to 300 / MGIC’s Results / MBA Promotes Knowlton January 17, 2019 Brandon Ivey and Paul Muolo The Seterus platform will cut 300 full-time workers in the Durham area. The unit is being sold to Mr. Cooper...Read More
Short Takes: Mr. Cooper Cuts Jobs in California / Blackstone’s Finance of America Unit Will Close Roseville Office / loanDepot Courting Wells Fargo LOs? / Freshman Socialist Will Sit on the HFSC / A New Hire for Nations Lending January 16, 2019 Paul Muolo Socialist Rep. Alexandria Ocasio-Cortez, D-NY, will sit on the House Financial Services Committee, which oversees banking, mortgages, as well as Fannie Mae and Freddie Mac.Read More
Short Takes: Worrying About What Mark Calabria Might Do / Ever Seated? / A Price War Brewing in Non-QM? / Tim Anderson’s Blockchain Job / Freddie Gets a New General Counsel January 15, 2019 Paul Muolo and Dennis Hollier We understand a bit of a price war may be brewing in the non-QM market... Read More
What Michael Bright’s Resignation Might Mean for GSE Reform January 11, 2019 Paul Muolo The odds of GSE “recap and release” becoming a reality just went down…Read More
What We're Hearing: The Otting Era Commences / Waiting on the Senate (It Didn’t Work for Michael Bright) / 11 Days In and All Shook Up / HFSC Chair Worries about Furloughed Workers and Delinquencies / Keep an Eye on Jan. 15 / The Milken Institute Weighs i January 11, 2019 Paul Muolo We’re just 11 days into the new year and already things are getting interesting in the mortgage industry... Read More
RSS