Impac’s Share Price Clocked After Reporting a Huge Loss for 4Q17 March 15, 2018 Paul Muolo Mangiaracina’s resume includes stints at UBS Securities and Deutsche Bank…Read More
Short Takes: Union Bank Really Likes HELs / Falling Rates or a Head Fake? / BRAWL is Taking Down Names and Handing out Report Cards / Impac Executive Gets an Additional Title March 15, 2018 Paul Muolo and Brandon Ivey Rates are falling once again but don't pop the champagne quite yet...Read More
PIMCO Hungry for Reperforming Loans March 15, 2018 Paul Muolo PIMCO might be hungry for RPLs but inventory is declining…Read More
Subservicing Volumes Begin to Ebb but Long-Term Prospects Look Good March 14, 2018 Paul Muolo At the end of the fourth quarter, Cenlar ranked first among all subservicers…Read More
IMA Hits the Market with a Large Bulk GSE Auction March 14, 2018 Paul Muolo The package from IMA boasts low delinquencies and a high percentage of loans based in California…Read More
Fresh Off of Restructuring Walter/Ditech, Renzi Joins the Nation’s Largest Subservicer March 14, 2018 Paul Muolo Earlier this year, Renzi stepped down as CEO and president of Walter Investment Management Corp., the parent of Ditech Financial...Read More
Short Takes: Should the GSEs Use ‘Alt’ Credit Scores? / A Good Chance of Passage? / Ben Carson Heading Home? / An MPF Milestone / A New Hire for SLK Global March 14, 2018 Paul Muolo Will Department of Housing and Urban Development Secretary Ben Carson be the next Trump cabinet member to depart?Read More
Impac Gets Slammed by Lower Originations, Trump Tax Bill; Long-Time CEO Joe Tomkinson is Departing March 14, 2018 Paul Muolo The company confirmed that long-time chairman and CEO Joe Tomkinson will be stepping down at the end of July...Read More
New Disclosures Show that Fannie and Freddie Keep Adding Workers March 13, 2018 Paul Muolo Both companies have been solidly profitable since earlier in the decade…Read More
Fannie Ready to Dump Almost $2B of RPLs March 13, 2018 Paul Muolo The auction is being marketed in collaboration with Citigroup... Read More