MBS Trading Volume Declines as Investors Worry About Rates, Speeds May 29, 2019 Paul Muolo The strongest MBS trading month of the year came in March at $269.9 billion... Read More
Short Takes: First American’s Systems Exposed? / Forensic Team Hired / Whatever You Do, Don’t Treat Your Employees Like Family / Another New Hire for FHFA / GSE Preferred Shares Repaid? May 28, 2019 Paul Muolo FHFA hires a new legislative affairs director...Read More
Quicken Founder Dan Gilbert Suffers Stroke May 28, 2019 Paul Muolo Quicken: "Dan is awake, responsive and resting comfortably."Read More
Short Takes: What We Talk About When We Talk About GSE Reform / MGIC Executive Departs / Winter is Coming, and So is a Recession / All Clear on (Ginnie) Liquidity Issues / Thrift Executive Indicted in Manafort-Related Case May 24, 2019 Paul Muolo Good news/bad news: Rates are likely headed lower but a recession is on the way...Read More
Ocwen’s Chief Accounting Officer Resigns, No Reason Given May 23, 2019 Paul Muolo Ocwen agreed to pay CAO Dondzila $568,780, plus a six-month consulting deal that offers $36,092 per month.Read More
A Government Agency Hooked on Using Private Contractors: Ginnie Mae May 21, 2019 George Brooks GAO: Ginnie Mae does not fully understand the relative costs of its reliance on contractors...Read More
Controversial Fair Lending Chief Quits the CFPB May 16, 2019 Yemeng Yang Blankenstein, a political appointee, was hired by former CFPB acting Director Mick Mulvaney to oversee the supervision and enforcement...Read More
Short Takes: Great Expectations? / One Stock You Can Bet On / How Big Is PIMCO in Mortgages? Very Big / Another Departure at Ginnie Mae May 16, 2019 Paul Muolo Finding value in GSE equities: It's complicated...Read More
Short Takes: A New Mortgage Benchmark Has Arrived / Next Up for Calabria: the MBS Secondary in NYC / The Chicago Way / A Loss for Cherry Hill, but… / A New Deputy Director at the CFPB May 15, 2019 Paul Muolo April was a record month for nonbank mortgage giant Guaranteed Rate...Read More