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Short Takes: MBA Chief Advocates for a Future that Includes Fannie and Freddie / One GSE ‘Sin’ Revealed / A ‘Brain Drain’ at Fannie? / Coming Soon: Conforming Limits from the FHFA / Arch Rolls Out Risk-Based Pricing

October 20, 2015
Paul Muolo and Carisa Chappell
One of Fannie’s and Freddie’s reputed “sins” was donating large sums of money to politicians who, in turn, ran interference for them on Capitol Hill...
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Short Takes: Not Ready for TRID? Don’t Worry About It / Nonbank Nonprime Lender Joins an FHLB, Using Captive Insurer / loanDepot Hires Ex-Fannie Tech Executive / CFPB Warns on ‘Free Pass’ Language / NMI Official Joins Lender Live

October 19, 2015
Paul Muolo and Brandon Ivey
It's not everyday that a nonbank, nonprime lender gains access to the Federal Home Loan Bank system...
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After CFPB Gives Guidance, More Lenders Line Up to Dump Their MSAs

October 16, 2015
Thomas Ressler
Meanwhile, two mid-sized lenders told Inside Mortgage Finance on Friday that they too are shuttering their Realtor-related MSAs.
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It’s Fall and Mortgage Hiring is Mostly Flat

October 16, 2015
Paul Muolo
Servicing workers, in particular, feel like they have a target on their backs, thanks to outsourcing and other factors...
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What We’re Hearing: Stonegate’s National Sales Manager Fred Bolstad Departs / MBA Convention Opens in San Diego / Fannie Mae Execs Make Themselves Available / Maybe the Next Convention Will be Held in India / CEOs Open to Offers? / Mr. Cooper, Really?

October 16, 2015
Paul Muolo
A spokesman for Stonegate Mortgage confirmed that Bolstad is no longer with the lender/servicer, but had little else to say on the matter.
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The Collingwood Group Enters the Mortgage M&A Game

October 15, 2015
Paul Muolo
The new Collingwood unit, however, will not be involved in the sale of mortgage servicing rights.
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Short Takes: So, What’s BofA’s Next Move? / Who is Tom Ferry? / Former NFL Player Sticks with MSAs / Walter Gets a Better Grade / CFPB Issues New HMDA Rule / FGMC Hires SunTrust Mortgage Chief

October 15, 2015
Paul Muolo and Brandon Ivey
Bank of America isn't severing all its ties to realtors...
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Stonegate Mortgage May Be in Play; Blackstone And Caliber Mentioned as Possible Suitors

October 15, 2015
Stonegate Mortgage, Indianapolis, a publicly traded nonbank that recently underwent a management change, is considering takeover offers, according to industry advisors familiar with the situation. Although the company declined to comment, it appears that at the very least it’s considering selling some of its branches. At the same time, sources contend that certain branch managers are trying to cut separate deals with competitors. Firms looking to take over those branches include...
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Stonegate’s Mortgage Branches Hunting for a Better Deal Elsewhere?

October 14, 2015
Paul Muolo
Sources have identified Caliber Home Loans and Skyline Lending as possible acquirers of branches.
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FHFA Special Advisor Mario Ugoletti – Author of the PSPA – Retires From the Agency

October 13, 2015
Paul Muolo
The PSPA has been challenged in court by investors that are speculating in the common and preferred stock of the two GSEs.
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