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Short Takes: The Gravity Defying DJIA / Still, Low Rates / Blame the Fed / Handicapping the Action / A 2019 Blowout? / Citi’s Missteps on Flood Insurance

January 22, 2020
Paul Muolo and Brandon Ivey

Something to think about: What if Trump doesn’t get reelected? Will the Dow react differently under a President Warren or Sanders than it would a Biden or Bloomberg? Whatever happens, it won’t be boring…


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HUD Criticized for Handling of Personal Records

January 17, 2020
Brandon Ivey

The HUD IG said it will provide a broader accounting of the issue when it publishes a formal report.


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Short Takes: FHFA Restructures CSS Board / Meaning? / JPM Readies Non-Agency MBS / New Applications Spike

January 15, 2020
Paul Muolo and Brandon Ivey

The FHFA has enormous sway over the CSS because of its role as regulator and conservator of Fannie and Freddie. However, once (if) the two are recapped and released, that won’t necessarily be the case…


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Short Takes: A Shout-out for the NHTF / Pulling the Lever on Fannie, Freddie Disbursements / Annaly and Caliber Ready Non-Agency MBS Deals / Impac Attorney Departs for Sprout

January 14, 2020
Paul Muolo and Brandon Ivey
The key to affordable housing financing: Fannie Mae and Freddie Mac...
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Short Takes: Blowout Earnings for the GSEs? / Juicing the Debate / A Frothy Non-QM Secondary? / Dow 29,000 / Greystone Buys Commercial Servicer

January 10, 2020
Paul Muolo

Stronger GSE earnings will bolster retained capital, which could juice the recap-and-release debate even more…


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CFPB Unveils Task Force Members, Some Not Happy with Chair Pick

January 10, 2020
Yemeng Yang

The panel will be chaired by conservative Todd Zywicki, a longtime critic of the CFPB…


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Short Takes: Rates Rising (for Now) / The Recap-and-Release Train Moves Forward / Turning a Profit in Servicing / More Capital for Roofstock / Xome Gets a New CEO

January 9, 2020
Paul Muolo
The GSE recap-and-release train continues to inch forward...
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Deephaven Non-QM Executive Jumps Ship for Competitor Sprout

January 8, 2020
Paul Muolo

Sprout was launched last decade by nonprime veteran Michael Strauss...


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Short Takes: Surprise: A Nonprime IPO / PIMCO’s Fingerprints / Ocwen Rising (for Now) / SitusAMC, a Leader in Due Diligence / National MI Promotes Fitzgerald

January 7, 2020
Paul Muolo and Brandon Ivey

Overall, 7.25 million shares of Velocity will be offered to the public.


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Raises of 3% to 17% for Redwood’s Brain Trust

January 3, 2020
Paul Muolo

Redwood also revealed deferred stock units/awards to its five most senior executives. Abate will take home $1.875 million in DSUs, Robinson, $2.25 million.


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