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Short Takes: Need Seller/Servicer Approvals? Bring Your Check Book / IMA Selling Ginnie Bulk MSR Deal / Fitch Worries About CMBS / Will the Senate Grill CFPB’s Cordray? / New Hire at WFG National Title

April 22, 2013
Paul Muolo and Thomas Ressler
Obtaining approvals to become a GSE seller/servicer can cost you, but think of the money you can make from owning servicing rights.
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What We’re Hearing: Fannie and Freddie Swamped with Seller/Servicer Apps / Is the G-Fee Hike Coming? / BofA and Fannie About to Make Nice on Purchase Loans? / Title Insurance Business Staging a Comeback / Michael Lau’s New Firm Inks a Deal to Bu

April 19, 2013
Just how healthy is the residential mortgage business these days? Answer: Fannie Mae and Freddie Mac are swamped with seller/servicer applications.
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FHFA IG Says Agency Needs More Examiners

April 18, 2013
Charles Wisniowski
The Inspector General of the Federal Housing Finance Agency says the agency needs more examiners to keep an eye on the GSEs.
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FHFA Hires Search Firm to Find CEO for MBS Platform, Candidates Approached

April 17, 2013
Paul Muolo
CEO candidates are being approached by the Federal Housing Finance Agency to run the new single-GSE MBS platform.
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Short Takes: Nationstar Mortgage Directors Clean Up / Flagstar Selling MSRs / Walter Wants to Keep Some Secrets / BofA’s Hit on Countrywide: $41 Billion / CFPB Deputy Director Meets the Hill

April 16, 2013
Paul Muolo and Thomas Ressler
Four non-management directors at Nationstar Mortgage earned almost $1.5 million last year. Meanwhile, it appears Flagstar is selling some of its MSRs.
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If Mark Zandi Gets the FHFA Job, GSE Reform Could Come Within Two Years

April 15, 2013
Charles Wisniowski
It appears that well known economist Mark Zandi is indeed a candidate to head the Federal Housing Finance Agency. But will the White House actually nominate him?
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Short Takes: Will Congress Glom Onto Fannie and Freddie Earnings? / Questions About Loan Officer Compensation / Former MBS Chief Pleads Guilty / Carrington Expands in Wholesale

April 15, 2013
Paul Muolo
Now that Fannie Mae and Freddie Mac are earning a ton of money, who will have a say over what happens to that cash?
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Is the Mortgage Slowdown Finally Here? / Gain on Sale Stable at Wells Fargo / Nationstar and Walter Could Clean Up on HARP Extension / New Subprime Lender Funds First Loan / Fannie and Freddie: Profitable Forever?

April 12, 2013
Wells Fargo and JPMorgan Chase continue to post strong residential finance profits, but there is a growing worry that the "mortgage party" may be drawing to a close.
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Freddie Mac Hires Former Chase Mortgage Chief to Head Single-Family

April 11, 2013
Paul Muolo
Freddie Mac has a new head of single-family: David Lowman, an industry veteran who in the past headed mortgage operations at JPMorgan Chase and Citigroup.
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Short Takes: FHFA Extends HARP to 2015 / Conservatives Love FHA? / Nationwide Title Clearing Demystifies ‘Trailing’ Documents / Gleacher Calls It Quits on MBS

April 11, 2013
George Brooks and Paul Muolo
The FHFA has extended the popular HARP 2.0 program until the end of 2015. But what about HARP 3.0?
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