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GSE Underwriting Systems a Factor in QM ‘Patch’ Debate

September 24, 2019
Brandon Ivey

Some are calling for the GSEs’ automated underwriting systems to be used after the QM patch expires to determine whether a mortgage is a QM.


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Short Takes: Redwood Sets Debt Issuance / Flagstar Closes the Books on its ‘Live Well’ Problem / Some Recovery / ICBA Applauds the FHFA for Killing GSE Pilot / NCBA Inks Deal with Promontory

September 19, 2019
Paul Muolo

Flagstar estimates it will recover about $1 million of the cost in the third quarter while it continues to pursue other legal remedies tied to Live Well...


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Short Takes: GSE Investors Happy (For Now) / How Much Did the Blueprint Change? / Loan Limits on GSE MF Loans? / JPM’s Investment Property MBS / Insellerate Hires Ex-Ellie Mae Official

September 16, 2019
Paul Muolo and Brandon Ivey

One Fannie/Freddie historian reminded us recently that there used to be a conforming loan limit for GSE multifamily loans. The big question: Why did it disappear?...


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Short Takes:  Stress Tests and GSE Capital Requirements  / Startup Using Own AI to Manage ABS Transaction / Court Tells Financial Crisis Defendants, “You’re Not Going Anywhere!" /  Yield Curve Inversion Plays Havoc with Long-Term Investors

September 9, 2019
Dennis Hollier

Stress tests and capital vs. yield curves and spreads.


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REIT Casts Its Net Even Wider, Buys Another Vendor

August 29, 2019
Brandon Ivey

Other lenders have gone the ancillary route as well, including Mr. Cooper and Ocwen Financial.


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Blend Scores Freddie Mac Partnership

August 23, 2019
Dennis Hollier

Then again, the partnership with Freddie isn’t exactly novel. The vendor has a similar arrangement with the GSE’s crosstown rival Fannie Mae…


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Boom Times for Better.com: Originations Spike, Firm Raises $160M. And ‘Help Wanted’ Too

August 23, 2019
Brandon Ivey

Better.com President Jerry Selitto told Inside Mortgage Finance the firm hopes to add 400 additional employees by yearend. Some of its workforce is in India…


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Short Takes: Caution: Possible G-Fee Hike Ahead? (Trump) / A Tax on Homeownership? / Falling Applications and the Industry’s ‘Capacity’ Problem / Top Tech Exec Bolts loanDepot for GR

August 21, 2019
Paul Muolo

The big question: Will the White House and Congress visit the guarantee fee trough once again to pay for it? 


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Zillow Slows Loan Officer Hiring. Reason: Mortgage Tech Issues

August 21, 2019
Brandon Ivey

Until Zillow bought a mortgage company, it was predominantly known for its estimates of individual home values and its residential marketplace... 


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Short Takes: Trump Tells the Market: Mr. Powell, Tear Down Those Interest Rates / The Double-Edged Sword / Not Prepared for the Onslaught? / AEI Sees Negatives In FHA Loosening Condo Rules / Tech Vet Launches Zedvue

August 20, 2019
Paul Muolo

Meanwhile, lenders are swamped these days with new business but are they prepared (staffing wise) to handle the volume?


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