Nationstar CFO David Hisey Will Earn at Least $1.375 Million February 25, 2013 Paul Muolo Nationstar Mortgage signs a new employment contract with one of its top executives, CFO David Hisey.Read More
New Report: Kill GSEs, Limit US Support for Mortgages February 25, 2013 George Brooks and Paul Muolo A new bipartisan panel wants to close Fannie Mae and Freddie Mac and limit U.S. support for mortgages.Read More
Short Takes: The Myth Surrounding Redwood’s Delinquencies / Jumbo Loan Prices Red Hot / $30,000 a Year in Flood Premiums? / GSEs Paying Their Subservicers How Much? February 25, 2013 Brandon Ivey and Paul Muolo Jumbo loan prices are red hot.Read More
Wells Is Not Done Tinkering with its Mortgage JVs / Redwood May Target MSRs in a Major Way / Residential Originations Slowing? / Banks No Longer Love MBS? / Ocwen Adjusts to ‘A’ Paper Servicing February 22, 2013 Paul Muolo Wells Fargo, the nation's largest home funder, is continuing to review its mortgage joint ventures.Read More
Retail Production Share Hits Record in 2012, But Gains May Not Hold February 21, 2013 John Bancroft and Paul Muolo Retail mortgage lending, in terms of market share, set a new record last year, but those gains may fade.Read More
Will the ‘Sequester Effect’ Hammer the DC Metro Mortgage Market? February 21, 2013 Paul Muolo The Washington D.C. mortgage market will be fine, even if the "sequester" happens.Read More
Short Takes: FHA Sees Delinquencies Increase in 4Q / Jumbo Borrowers Feel Good Thanks to Stock Gains / Freddie May Have Strong Earnings February 21, 2013 Paul Muolo FHA late payments are on the rise again.Read More
AMC Joint Venture Controlled by Fidelity, Ocwen Shutting Down February 20, 2013 Paul Muolo PowerLink Settlement, a service provider and appraisal management joint venture controlled by Fidelity National Financial and Homeward Residential, is shutting its doors.Read More
Private Equity Fund Hikes Stake in Impac Mortgage February 20, 2013 Paul Muolo IsZo Capital Management increases stake in Impac Mortgage.Read More
Short Takes: HSBC Planning the ‘Mother’ of All NPL Auctions? / Robo-Monitor A Bit Tardy On Its Report / Carrington Ramps Up Hiring Big Time / Apps Sink / Angry Law Firm Sues CFPB February 20, 2013 Brandon Ivey, Paul Muolo, and Thomas Ressler HSBC is planning a large nonperforming mortgage auction that could happen early in the second quarter.Read More