Short Takes: Fannie and Freddie, Lenders of Last Resort? / Privately Held and Ranked Eighth / Caliber Settles with the Bay State / New American Jumps Into Non-QM Waters / A Tom Clancy-Like Warning April 10, 2019 Paul Muolo and Brandon Ivey
Short Takes: No Docs Making a Comeback / Overcapacity Still a Problem, Says KBW / It’s All About Controlling Costs / loanDepot’s Hsieh Welcomes Zillow as a Competitor / Chief of Staff Miller Resigns at Treasury April 8, 2019 Paul Muolo Keefe, Bruyette & Woods says overcapacity in the mortgage industry continues to be a problem... Read More
High-Volume Sellers Gain Market Share with Fannie and Freddie April 8, 2019 John Bancroft Fourth-ranked UWM was among the few top sellers to increase its GSE loan sales in the first quarter…Read More
Senate Confirms Calabria as Next FHFA Director. His First Move? April 5, 2019 Paul Muolo and Dennis Hollier The vote was 52 to 44, along party lines... Read More
What We’re Hearing: A Mortgage Sea Change for JPMorgan Chase? / Dimon Beats Up on Nonbanks (Again) / Kumbaya on Loan Brokers? (Not Likely) / Calabria’s First Move? / IMA Selling Bulk MSR Portfolio / Layoffs at Ditech Financial April 5, 2019 Paul Muolo Who knows – maybe Dimon will once again embrace doing business with loan brokers...Read More
FHFA Authorizes GSE Payments to Affordable Housing Trust Funds April 4, 2019 Dennis Hollier In general, Republicans don’t like the idea of the GSEs funding affordable housing trust funds…Read More
Phoenix Selling Bulk MSRs for NC Nonbank April 4, 2019 Paul Muolo California and Florida product account for 44% of the receivables…Read More
Short Takes: Ethos is Now One American Mortgage / Sen. Crapo Takes to the Senate Floor in Support of Calabria / Ditech’s Warning / Industry Elder Statesman Felix Beck Passes Away / A Product Update from Arch April 4, 2019 Paul Muolo Ditech continues to point out in SEC filings that trading in its securities is “highly speculative and poses substantial risks.” Read More
Senate Confirms Calabria as Next FHFA Director. His First Move? April 4, 2019 Paul Muolo and Dennis Hollier Although Fannie and Freddie were taken over by the government in the fall of 2008, the two have been wildly profitable – with a few bumps along the way – since 2012.Read More
Calabria Vote Could Be This Week April 3, 2019 Dennis Hollier A handful of Democrats could cross party lines and vote for the FHFA nominee...Read More
RSS