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What We’re Hearing: Higher FHA Costs, Not Lower / The GOP in Favor of This Tax Hike? / How About Regulating Nonbank Lenders? / Cyprus? Wilbur Ross Really is a Bottom Fisher / Ocwen Isn’t the Only Servicer That Loves India

November 21, 2014
Paul Muolo
There’s a growing fear that the CSBS might move to increase capital standards for nonbank originators as well.
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Short Takes: Stop Guessing on Lawsky Already / Share Price of Fannie and Freddie Common Soars / Foreclosures on the Rise / Essent Sells More Stock

November 20, 2014
Brandon Ivey and Paul Muolo
A GSE bill? Since Congress and President Obama have such a strong track record of working together on legislation we know how that’s going to turn out…
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Short Takes: Any G-Fee News? No / Keeping an Eye on MSR Sales / Why Realtors Will Live Forever / California Home Sales Nothing Special / Jeb Will be Back, Hensarling At Least

November 19, 2014
George Brooks, Paul Muolo, and Charles Wisniowski
After a servicing sale closes, the GSEs must monitor each transaction to make sure the transfer of receivables took place in a timely manner and more…
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Short Takes: Obama Won’t Give Up on Killing the GSEs / Redwood Sells Debt / More Ocwen Customer Complaints / Carrington Bolts ARMs / The Return of Mike Baldwin

November 18, 2014
Brandon Ivey and Paul Muolo
Republicans have never been big fans of the GSEs and there’s plenty of Democrats who aren’t so sure about the government “guaranty” as well...
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Short Takes: Former FHFA Chief Blasts Mortgage Industry / Who’s Behind the HIC? / More Relief From FHA / Ocwen’s Stock Recovers Slightly / Venable Hires Ex-Hensarling Staffer

November 17, 2014
Paul Muolo and Charles Wisniowski
So, which groups are behind the "housing-industrial complex"? DeMarco isn't naming names...
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What We’re Hearing: Can Cerberus Finally Do Something Right in Mortgages? / Kinder, Gentler Condo Guidelines from Fannie? / Lower LLPAs from Fannie but Tighter Cash-Out Rules / Ocwen, Ocwen, Ocwen

November 14, 2014
Paul Muolo
And there could be some good news on lower LLPAs. Fannie said that come May 2015, it will change how it treats loans where there are two or more borrowers...
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Short Takes: Commercial Bank in the Hunt for Mortgage M&A / Is LoanDepot #2? / Surviving Brands / Why Own When You Can Rent? / Essent’s Marzol to Retire

November 13, 2014
Paul Muolo
We should point out that even though LoanDepot is doing the buying, the Mortgage Master brand name will survive. LD did the same thing when it combined forces with imortgage last year…
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Short Takes: Subprime Vet Jon Daurio Back in Biz? / Don’t Get Drunk on the Lawsky ‘News’ / Can the GOP ‘Fix’ the CFPB? / Nationstar Disappoints Some / Gateway Hires BB&T Mortgage Official

November 12, 2014
Paul Muolo
Will former Long Beach Mortgage executive Jon Daurio finally launch a new nonprime venture?
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NYDFS on the Lawsky ‘Leaving’ Rumors: He Loves His Job

November 11, 2014
Paul Muolo
Stock analysts have claimed that Lawsky has been aggressively investigating Ocwen so he can make headlines, paving the way for an eventual run for public office.
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Pricing on Jumbo Whole Loans is Just Too Good to Pass Up

November 10, 2014
Brandon Ivey
Redwood insists the company prefers to issue jumbo MBS rather than sell whole loans, but the current pricing is just too good to pass up.
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