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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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Short Takes: LoanDepot-Mortgage Master Deal? / RPM? / Loretta Lynch, Not Lynn / Ex-LIME Executives May Land / Indiana Wants Me

November 10, 2014
Paul Muolo
Mortgage M&A activity remains red hot. We understand that RPM Mortgage of California is working on another acquisition...
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What We’re Hearing: GOP May Push for Changes to Points-and-Fees Rule / The Freddie Mac ‘Loss’ Scenario / Freddie Goes Small / A Cut in FHA Premiums? Don’t Bet On It / Non-QM Third-Party Lender List Tops 25 / More Mortgage Job Cuts at JPM

November 7, 2014
Paul Muolo
So, there’s no chance at all that the GOP will be able to push through a Fannie Mae/Freddie Mac reform bill, right? Maybe, maybe not.
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GSE Reform in 2015? There May be No Warner of Corker-Warner; MI Outlook?

November 5, 2014
Paul Muolo and Charles Wisniowski
The mortgage insurance industry lost a key political ally with the reelection defeat of first-term Democratic incumbent Sen. Kay Hagan of North Carolina.
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FHFA Taps Former GMAC Executive to Lead Common Securitization Solutions

November 4, 2014
Charles Wisniowski
The FHFA has decided not to have a chairman for Common Securitization Solutions. Instead, the unit will be governed by a four-person "board of managers."
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