Short Takes: Another Nonprime Lender Gets Rated / MorVest Wraps Up GSE MSR Auction / PennyMac’s Financing Deal / A Bright Idea and Others / BB&T Names New Prez / A Short Publishing Break for IMFnews December 22, 2016 Paul Muolo Another non-agency lender has received a rating from Fitch: Angel Oak Home Loans... Read More
Short Takes: NAR Warns House Speaker Ryan Not to Mess with Housing / The Ramifications of Making Changes to the Tax Code / Miami Under Water and Not in Terms of Home Equity / RPM in the Hunt? / Seniors and Home Equity December 21, 2016 Paul Muolo A new report from ATOM Data Solutions says concerns about rising sea levels “remain a rarity among most South Florida homeowners and investors"...Read More
The NYCB-Astoria Financial Merger is Kaput December 20, 2016 Brandon Ivey Consumer advocates were among the groups that opposed NYCB’s acquisition of Astoria…Read More
Mutual Fund Company T. Rowe Price Reduces Stake in PHH December 19, 2016 Paul Muolo Over the past year, PHH’s share price has traded as high as $16.80 versus a 52-week low of $8.26.Read More
As Rates Move Higher, a New Found Optimism Hits the MSR Market. Can it Last? December 16, 2016 Paul Muolo The 'Trump Bump' Hits the MSR market as well...Read More
Short Takes: GSE Scorecard Surprises? / Revisiting PMIERs? / MI Stocks Trade Near Highs / More MSR Auctions on the Way / ‘Flex’ Replaces ‘HAMP’ December 15, 2016 Carisa Chappell and Paul Muolo Investors are snatching up shares of publicly traded MI firms...Read More
As Rates Continue to Rise, $20 Billion of MSRs About to Hit the Market, At Least December 12, 2016 Paul Muolo One market watcher said two other mortgage servicing rights packages totaling $10 billion are ready for bid.Read More
Bulk MSR Market Showing Signs of Life Again? December 8, 2016 Paul Muolo With rates rising almost 75 basis points since the election, more MSR packages should hit the market in the next few weeks.Read More
RPM Mortgage Makes an ‘Investment’ in Ohio Lender American Eagle December 7, 2016 Paul Muolo Over the past few weeks, rumors have circulated that the privately held RPM was buying American Eagle...Read More
What We’re Hearing: Will the GSE-Investing PE Firms Get Greedy? / Buy Low, Sell High? / How Plugged In is Mnuchin? / Will Trump Try to Bring White Collar Jobs Back Home Too? / The Strange Case of Nebraska and FHA Loan Limits / Meg Burns Gets Promoted December 2, 2016 Paul Muolo Will the GSE-investing PE firms blow it?Read More
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