Sen. Warner Paid a Visit to Freddie Mac, GSE Bill in the Works May 22, 2013 Paul Muolo Sen. Warner recently paid a visit to Freddie Mac employees but offered little information about his pending GSE bill.Read More
Freddie and Fannie Ready to Sell MBS to Investors May 22, 2013 John Bancroft and Paul Muolo Fannie and Freddie were ordered by their regulator to sell illiquid securities. But those bonds may fetch a nice price in the secondary market.Read More
Short Takes: Fannie and Freddie Sitting on Huge Portfolio Gains? / Mortgage Applications Get Hammered / Who Really Owns the Common Securitization Platform? / LPS Sees a New Low for Late Payments / 360 Mortgage to the Rescue May 22, 2013 Paul Muolo Are Fannie Mae and Freddie mac sitting on huge untapped profits? Read More
HSBC, Wells Fargo Test the NPL Market With Huge Auctions May 21, 2013 Paul Muolo Wells Fargo and HSBC are stepping up sales of nonperforming mortgages, while keeping a lid on the details. Read More
Citi Names Private Bank Chief to Head Mortgages, More Jumbos? May 21, 2013 Paul Muolo Will CitiMortgage be an even greater player in jumbo lending with its new CEO?Read More
Short Takes: New York Slow on Loan Officer Approvals / GSEs Win Transfer Tax Case / Will the CFPB Unionize? / City National Enters Warehouse Space / Fay Servicing to Ramp up Hiring May 21, 2013 Paul Muolo, Thomas Ressler, and Charles Wisniowski New York State may be among the worst in the nation when it comes to approving loan officer applications.Read More
JPMorgan Dumps Mortgage Brokers from USDA Loan Program May 20, 2013 Paul Muolo One of the largest USDA mortgage lenders in the U.S. is giving the boot to third-party loan brokers.Read More
MountainView Hits Market with Two More MSR Deals May 20, 2013 Paul Muolo The bulk servicing market continues to heat up. MountainView is out with two new deals.Read More
Short Takes: MBA Offers G-Fee Deal, but Will FHFA Take It? / Wells and Citi Slowing Foreclosure Sales (Sort of) / Sen. Crapo Wants Answers from CFPB on Data Collection / Bayview Gets Hungry for NPLs, MSRs… May 20, 2013 Paul Muolo and Thomas Ressler The Mortgage Bankers Association wants lower guaranty fees from Fannie Mae and Freddie Mac but is willing to barter for them. Read More
Hedge Funds Gobbling up Fannie/Freddie Common and Preferred May 16, 2013 Paul Muolo Are investors making a big mistake by speculating in Fannie Mae/Freddie Mac common and preferred?Read More