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
Short Takes: HUD on Regulatory Reform / Shrinking Not on the Table / AGNC Investment / MSR on Bid / Foreclosure Activity Down May 17, 2019 Yemeng Yang Trade Groups talk with HUD and Ginnie on Regulatory Reform...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
Economists at the NAR Show: Not So Fast, Mr. Calabria May 16, 2019 Dennis Hollier New FHFA director Mark Calabria spoke at the NAR legislative conference this week and then economists on a later panel picked apart his ideas...Read More
Struggling Ditech Goes Dark on Most Future SEC Filings May 16, 2019 Paul Muolo Ditech management is calling it a day on filing 8-Ks, 10-Qs and the like as its shares trade for pennies on the dollar...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
NAR Should be Happy: FHFA Will Leave Untouched the 30-Year FRM, Loan Limits May 15, 2019 Paul Muolo Next up for Calabria: A policy speech before the Mortgage Bankers Association...Read More
Ditech’s Top Brass Took Home $8 Million-Plus Last Year May 14, 2019 Paul Muolo Traded on the OTC market, Ditech's stock price is roughly four cents a share...Read More
Short Takes: China, Trade and Falling Rates / Rethinking the Downpayment Idea / Understanding Reverse Mortgages / It’s Official: Hill Vet Clinton Jones Joins the FHFA May 13, 2019 Paul Muolo and Dennis Hollier The way FHFA Director Mark Calabria keeps adding staff, the agency might need more office space...Read More
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