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
The Ginnie ‘Liquidity Letter’ Meetings are Over. Now What? May 9, 2019 Paul Muolo The 14 Ginnie Mae nonbank issuers were never identified by the agency but everyone in the industry knows who they are...Read More
Short Takes: Which Shops Received Subpoenas? / Not Just the Top Dogs / What Ginnie MBS Investors Hate: Fast Prepays / Ocwen’s Challenges / Lending Can Be Expensive May 8, 2019 Paul Muolo The loan application losing streak has ended!Read More
At Least 12 VA Lenders Subpoenaed by the Feds. Former Regulator: ‘This is Going to be Huge’ May 8, 2019 Paul Muolo Former FHA Commissioner Dave Stevens: "Churning is bad for Ginnie Mae investors."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
CFPB Issues Long-Awaited Debt-Collection Rule Proposal May 7, 2019 Yemeng Yang The CFPB proposed a new debt collection rule, hoping to clarify such issues as how many calls a week a collector can lawfully make...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
What We’re Hearing: Perella Weinberg, the Treasury’s GSE Advisor? / Balancing the Congressional Equation / Calabria’s Plan of Action? / Wiping Out $200 Billion / Movement Buys Production in Alabama / loanDepot’s MSR Decline May 3, 2019 Paul Muolo Has the Treasury Department hired an advisory firm to assist on its GSE reform plan?Read More