Fix-and-Flip Loan Market Continues to Hum Along August 20, 2018 Paul Muolo CALCAP is looking to expand into the Texas market…Read More
A Real Estate Fintech Takes a Test Drive in Mortgage Banking. Will Others Follow? August 20, 2018 Paul Muolo “Zillow could have done this on a much larger scale. Heck, they could’ve bought Ditech,” said industry consultant Paul Hindman.Read More
When the Going Gets Tough in the Mortgage Industry, the Tough Start Eliminating the 401(k) Match August 20, 2018 Paul Muolo Tough times? Might be time to eliminate the 401(k) match…Read More
Short Takes: More Mortgage M&A / Check Those WARN Act Notices / Accuser Blasts FHFA Sexual Harassment Probe / No Comment from the FHFA August 20, 2018 Paul Muolo Grimes' resume also includes stints at Grant Thornton and Price Waterhouse Coopers...Read More
Computershare Makes Another Mortgage-Related Purchase: LenderLive Network August 17, 2018 Paul Muolo Two years ago, Computershare Limited bought Capital Markets Cooperatives, one of the largest mortgage co-ops in the U.S., for roughly $71.2 million.Read More
What We’re Hearing: Two Giants May Change Hands (Or Maybe Not) / Job Cuts at Ditech / Can HL Sell Ditech Fast Enough? / Tom Marano’s Experience with Troubled Shops / CALCAP Bullish on Fix-and-Flip / A Confidential GSE File On… August 17, 2018 Paul Muolo It might be in Ditech’s best interest if Houlihan Lokey finds a buyer now while MSR values are still peaking…Read More
Angel Oak Readies Non-Agency MBS August 16, 2018 Paul Muolo Select Portfolio Services will handle the monthly servicing chores for Angel Oak.Read More
MountainView Taking Bids on $3.2B Fannie/Ginnie Portfolio August 16, 2018 Paul Muolo The Fannie Mae loans are located in 28 states…Read More
Short Takes: The BRAWL Continues / Don’t Worry About the Broker / An Old Complaint / Broker Market Share / Who Caused the Mortgage Crisis? / Brian Brooks, a Candidate for the Fannie CEO Job? (Probably Not) August 16, 2018 Paul Muolo But we will remind readers that wholesalers refinancing clients (via a retail arm) originally brought to them by a broker is a decades-old complaint…Read More
RBS Agrees to Pay DOJ $4.9 Billion to Settle MBS Fraud Charges August 15, 2018 Paul Muolo Among those subprime MBS investors: Fannie Mae and Freddie Mac.Read More