Guaranteed Rate Hires Quicken Executive as New President of Online February 7, 2018 Paul Muolo At Quicken, Lombardi served as director of mortgage banking.Read More
MBA Chairman Motley Hopeful that HUD Will Act Soon on FHA Clarifications February 7, 2018 Paul Muolo The trade group chief said uncertainty still exists around FHA loan level certifications…Read More
Short Takes: The FHFA Version of Mick Mulvaney / Political Appointees at the FHFA? / Waiting on Hensarling’s GSE Draft / A Strong Profit for Genworth / Reverse Lender Goes Forward February 7, 2018 Paul Muolo Rep. Hensarling, a Republican from Texas, has yet to unveil a legislative blueprint…Read More
Despite Anticipated Production Downturn, Mortgage Firms Paying up for LOs February 6, 2018 Paul Muolo One branch manager told Inside Mortgage Finance: “I get two calls per week from headhunters and recruiters. I’ve never seen recruiting so hot.”Read More
Chairman of House Financial Services Subcommittee Pondering GSE Reform February 6, 2018 Carisa Chappell and Paul Muolo MBA’s Dave Stevens worries about what might happen to the mortgage market under a Trump-appointed FHFA director…Read More
Short Takes: What Stock Market Correction? / Bond Prices? / Fretting Over Fannie-Freddie Common / The GSE Message from Jeb and Steve / BlackRock Likes Genworth / New Penn Gets a New President / FSR Chief Pawlenty Departs February 6, 2018 Carisa Chappell and Paul Muolo The price of Fannie Mae and Freddie Mac common is getting smacked around...Read More
Citadel Posts Record Originations in January. Angel Oak is Busier than Ever February 5, 2018 Paul Muolo Citadel is working on its first MBS deal…Read More
Short Takes: Ginnie is Good, but is it That Good? / Brunts Bolts Freddie for USB / Moody’s Downgrades New Rez, Citing Reliance on Subs / The Wild Ride of the 10-Year Treasury / New Mortgage Chief at SunTrust February 5, 2018 Paul Muolo On Friday, Moody’s downgraded the issuer rating of New Residential Investment Corporation...Read More
NAR Wants FHFA to Reduce G-Fees, LLPAs February 2, 2018 Paul Muolo The NAR request comes at a time of rising interest rates…Read More
CFPB Consolidates and Restructures Fair Lending Enforcement Apparatus February 2, 2018 Paul Muolo CFPB Senior Advisor John Czwartacki said: “The bureau’s statutory mandate includes the supervision and enforcement of fair lending laws and regulations … the bureau will continue to perform those functions.”Read More