Genworth Sale Continues to Drag On, Ninth Waiver Granted March 18, 2019 Paul Muolo The sale of Genworth was first announced in October, 2016…Read More
Phoenix Capital and MIAC Unveil New MSR Auctions March 13, 2019 Paul Muolo MIAC is also ready to take final bids on a $315.3 million Fannie/Freddie/Ginnie Mae MSR portfolio…Read More
MSR Auction Market Red Hot March 11, 2019 Paul Muolo Mark Garland, executive vice president at MountainView Financial Solutions, also sees a robust market developing this year…Read More
Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking March 5, 2019 Yemeng Yang Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...Read More
Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage March 4, 2019 Paul Muolo, Brandon Ivey, and George Brooks More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...Read More
What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director March 1, 2019 Paul Muolo Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs? Read More
Ellie Mae Proxy Reveals Kill Fees and a Big Golden Parachute for CEO February 28, 2019 Paul Muolo Ellie Mae executives entitled to “golden parachute” payments include Jonathan Corr, Dan Madden, Cathleen Schreiner Gates and others…Read More
Short Takes: A Mega Servicing Deal Approaching? / ‘Goldilocks’ Pricing / The Ditech Portfolio? / Fannie & Freddie Common Take a Rest / FHFA’s Final UMBS Rule / Bell Bank Opens AZ Branch, Mortgages on the Menu February 28, 2019 Paul Muolo The share price of Fannie Mae and Freddie Mac common has been on a mild downward slope since Feb. 22. Meaning?Read More
A Small 4Q18 Loss for Ocwen Amid MSR Buys, a Compensation Reduction for CEO Messina and a New CFO February 27, 2019 Paul Muolo Ocwen is cutting cash retainer payments to its board of directors...Read More
Angel Oak Rolls Out Fix & Flip Wholesale Option, Hires JPM Exec February 26, 2019 Paul Muolo To lead the effort, Angel Oak hired JPMorgan executive Will Jackson…Read More
RSS