Short Takes: Former FHA Chief Stevens Weighs in on Administrative Reform of the GSEs / Watch the Swim Lanes / New Executive Hires for Angel Oak / Redwood Preps Prime Non-agency MBS / Not All Agree on CLO Standards May 14, 2019 Paul Muolo and Brandon Ivey Will new FHFA chief Mark Calabria narrow the GSE swim lanes?Read More
Flagstar Faces Financial Exposure on Failure of Reverse Lender May 13, 2019 Dennis Hollier Reverse lender Live Well Financial of Virginia closed its doors last week, laying off roughly 100 full-timers... Read More
What We’re Hearing: The Return of Impac’s Co-Founder / Surviving Somehow / Vista Point Mortgage Arrives / Mangiaracina Hopeful / Armageddon Times? (Avoided) / Warehouse Rising May 10, 2019 Paul Muolo Bill Ashmore's new venture is based in Irvine, CA, home to many entrepreneurial mortgage shops...Read More
Calabria Building His ‘Dream Team’ at FHFA, In Anticipation Of? May 10, 2019 Dennis Hollier Calabria's hiring spree at the FHFA reminds us of the Tom Waits's song, "What's He Building In There?"Read More
Short Takes: Waiting on Jones (at the FHFA)? / A Deep Resume on All Things Housing / Calabria’s Upcoming Speech / More on GSE R&R? / Carrington Preps Nonagency MBS / Freddie Offers a Swap May 9, 2019 Paul Muolo Mark Calabria's deep bench is about to get deeper...Read More
Short Takes: The GSE G-Fee ‘Tax’ that Time Forgot / Sunset Rising / Nonbank Completes Bank Purchase (A Rarity) / Ocwen’s Cash Position / Panorama Names Egenhoefer MGD May 7, 2019 Paul Muolo It's only 10 basis points on GSE loans, but it can add up...Read More
Freddie CEO Don Layton Headed to a Think Tank May 7, 2019 Dennis Hollier Layton said there's still work to be done at Freddie Mac...Read More
Short Takes: Hensarling Staffer Headed to FHFA? / Hensarling’s Dream / Mortgage M&A Heats Up / A Warehouse Update from NewDay / New Diligence Advisors Gets the Nod May 6, 2019 Paul Muolo One of Hensarling's legislative architects headed to the FHFA?Read More
The FHFA Hiring Machine Continues to Rev its Engine May 6, 2019 Dennis Hollier Patenaude is the daughter of Pam Patenaude, who stepped down as deputy secretary of HUD earlier this year.Read More
Loan Brokers Add Jobs, Mortgage Bankers Cut May 6, 2019 Paul Muolo Although the overall job market is strong, all is not well in the mortgage industry. Maybe next month will be better...Read More
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