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Plan Afoot to Reintroduce VA ‘Orphan’ Loan Legislation

January 30, 2019
George Brooks
The Protect Affordable Mortgages for Veterans Act of 2018 was passed by the House via a voice vote on Sept. 26 and then sent to the Senate, where it was stalled on a technicality.
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Court Rules Fannie Is Not a Credit Reporting Agency

January 30, 2019
Dennis Hollier
In the Zabriskes’ case, the foreclosure was a short sale that had been miscategorized…
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White House Issues Statement on GSE Reform, Says it Will Work with Congress; Share Price Tanks

January 29, 2019
Paul Muolo
So much for administrative reform of Fannie and Freddie...
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Mortgage Gripes Filed with the CFPB Fall to a New Low

January 29, 2019
Yemeng Yang
Servicing practices attracted the most mortgage-related complaints, accounting for almost half, Inside the CFPB found…
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Step 1 in GSE ‘Administrative’ Reform: Letting Fannie and Freddie Build Capital

January 29, 2019
Paul Muolo
Currently, Fannie and Freddie are allowed to maintain a maximum capital cushion of $3 billion each. Anything above that amount is swept into the U.S. Treasury. …
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Short Takes: Is the Party Over for GSE Common? / A Bubble Bursting on Shareholders / The King of MSR Buys: New Residential / Cleveland Rocks (for New Home Owners), Pittsburgh and OKC Too / Freddie Gets New Chairperson

January 29, 2019
Paul Muolo
New Rez’s MSR haul: $50.9 billion of agency product...
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Short Takes: Rep. Waters Wonders: Is Otting Legal? / An End-Run? / Cowen on Calabria’s Chances / The Fed Gets a New Director of Research

January 28, 2019
Paul Muolo

What We’re Hearing: The Coming War Over Administrative Reform of the GSEs / Trust in (MBS) Traders / Congress Committed to Legislative Reform / Predictions Can be Difficult / At Least Bill Ackman is Happy / JPMorgan Now #4 in Mortgage Lending

January 25, 2019
Paul Muolo
Pershing Square CEO Bill Ackman should be a happy man these days. His investment in Fannie and Freddie is now in the black...
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New Rez Ready to Kick Ditech to the Curb on Subservicing Contract

January 25, 2019
Paul Muolo
In a new 8-K filing, Ditech said that on Jan. 17 it received a termination notice from New Residential...
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NAR Calls on USDA to Process Rural Housing Loans During Shutdown

January 25, 2019
George Brooks
In a series of recent emails, the NAR requested RHS to assign staff to process loan applications...
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