Short Takes: Leaving Behind His Personal Views Regarding Fannie and Freddie / Reporting Results on the Very Same Day, a Rarity / If Only They Could’ve Kept Their Earnings / CHLA Backs Calabria February 14, 2019 Paul Muolo Fannie and Freddie rarely report quarterly results on the same day, but they did so this morning...Read More
FHFA Nominee Mark Calabria Promises to Leave His Personal GSE Views at the Door February 13, 2019 Paul Muolo The nominee promises not to impose his personal views on Fannie and Freddie...Read More
Mortgage Jobs Grim with Selected Pockets of Hope February 13, 2019 Paul Muolo But not all conventional lenders are handing out pink slips these days...Read More
Ginnie Mae Approved Only 8 New Issuers in 2018 February 13, 2019 George Brooks Nonbanks comprise 61% of approved servicers of Ginnie’s $2.04 trillion portfolio…Read More
Short Takes: A Nice Month for Pershing Square / No Mention of the GSEs / A Mortgage-Related M&A Deal Drags On / Delayed by the Chinese New Year / A New MBS From Deephaven / Pavaso Hires Mortgage Tech Vet Tim Anderson February 13, 2019 Paul Muolo and Brandon Ivey After two-plus years of waiting, the Genworth deal has yet to close... Read More
Congress Zeroes In on Credit Bureaus in Legislative Effort February 12, 2019 Yemeng Yang Since the public reveal of the Equifax data breach in 2017, complaints regarding credit reports have outstripped consumer gripes…Read More
Short Takes: GSE Junior Preferred Shareholders Could Get Paid / Wedbush Tells Investors to Take the Cash / New Rez Sees a Buying Opportunity in MSRs / CFPB to America: Save Some of That Tax Return! February 12, 2019 Paul Muolo Bove sees some type of compensation going to the preferred shareholders of Fannie and Freddie...Read More
It’s Official: Ditech Readies Second Trip Into Bankruptcy, Seeks to Eliminate $800M of Debt February 11, 2019 Paul Muolo Ditech revealed that "any and all bids" for the company or its assets will be evaluated...Read More
A Victory for Fannie/Freddie Shareholders? Investors Unite Revels in Collins v. Mnuchin Ruling February 11, 2019 Dennis Hollier You could almost hear the whoops coming from shareholders around the country...Read More
Short Takes: Exiting a GSE Investment / The Fed Likely Will Greenlight the BB&T-SunTrust Merger / No. 9 / Please, Just Don’t Pick a Name Like Mr. Cooper / How Much Lower Can Ditech Go? / CoesterVMS? February 11, 2019 Paul Muolo The big unknown about the merger: Once completed, what name will the new bank and mortgage company take? Read More