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Maren Kasper Leaving Ginnie Mae

October 11, 2019
Paul Muolo

Sources indicated that Kasper was hoping to be nominated as permanent president; but, in what has become a pattern for the Trump administration, the nomination notice never came.


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Short Takes: Clearing the Decks for GSE R&R / Fannie and Freddie and Their Investment Bankers? / Help Wanted: Congressional Affairs Specialist at the FHFA / In the Spotlight: MFA Financial

October 10, 2019
Paul Muolo

By now, everyone knows the Federal Housing Finance Agency plans to hire an investment banking firm to assist with recap and release plans, but what about the GSEs?


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Originations are Strong but Lenders are Careful to Hire

October 10, 2019
Paul Muolo

There's a strong demand out there for mortgage processors, but overall, residential-related hiring has been tepid...


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Freddie Single-Family Chief David Lowman Sets Departure Date

October 8, 2019
Dennis Hollier

Departing GSE executive David Lowman: “With over six years at Freddie Mac, I want to take advantage of opportunities presented by the rapidly evolving mortgage finance marketplace and its adjacent industries."


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Short Takes: FHFA Sets the ‘Deliverables’ / The Value of the Contract? / The Waiting is the Hard Part (Montgomery Nomination) / High Marks / Non-QM Lender Declares a Dividend

October 8, 2019
Paul Muolo and George Brooks

Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…


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Short Takes: Trump Gets High Marks on GSE Progress / New Day Rising / Zillow Shares Languish / Financing the Flippers / A New Hire for PrimeLending

October 7, 2019
Paul Muolo and Brandon Ivey

The former Fannie Mae executive is not shy about expressing his views...


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Connecticut Call Center Lender, State in Licensing Dispute

October 4, 2019
Yemeng Yang

1st Alliance CEO John Dilorio disputed the interpretation, noting that unlicensed call center workers had no ability to choose a program, lock a mortgage rate, process underwriting findings or present loan terms to borrowers.


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Flagstar Hires Mr. Cooper Executive to Lead Warehouse Finance

October 3, 2019
Paul Muolo

Prior to joining Flagstar, Neufeld spent more than five years as SVP and treasurer of Mr. Cooper, where he managed the nonbank’s warehouse lines and was responsible for oversight of all treasury functions…


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Ditech Completes Sale of ‘Forward’ Assets to New Rez, Including $62B of MSRs

October 2, 2019
Paul Muolo

New Residential will assume some of Ditech’s office space and roughly 1,100 workers will be offered employment at the REIT.


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Short Takes: Hurricane Warren? / The Heart and the Soul of the CFPB / Big Bank Breakup? / Don’t Plan Calabria’s Going Away Party Quite Yet / New Hires for Greystone

October 1, 2019
Paul Muolo

Fannie Mae and Freddie Mac a political issue in the 2020 election? Not by a long shot...


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