Will President Trump bestow a tax cut on investors in stocks and bonds? Christmas isn't too far away. Meanwhile, corporate landlord Invitation Homes (80,000 homes strong) posted strong results for the second quarter.
HUD is cracking down on the securitization of high LTV cash-out refis. Coming changes will affect FHA and VA lenders. Meanwhile, the FHFA may be ready to act as well. A big deal or much ado about nothing?
One of the best kept secrets in the industry surrounds CEO compensation at the nation's largest nonbank originators. According to interviews conducted by IMF, some CEOs earn $10 million to $15 million per year.
Mark Garland, managing director of Situs AMC, notes the readings can be misleading because many publicly traded companies hedge their positions, which means although an MSR writedown occurs in one column, a gain is recorded elsewhere.
There’s been speculation that the Treasury Department this year would suspend the dividend payment to let the two companies build capital, a first step in an administration-backed recapitalization and release plan.