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Home » Authors » Charles Wisniowski

Articles by Charles Wisniowski

Short Takes: One More Sip From the Refi Grapes? / Auction.com Will Finance RE Investors / Wells Settles Lending Discrimination Case with HUD / IG Says FHFA Could Spruce Up its Recordkeeping / FHFA’s Watt Gets a New Chief of Staff

October 9, 2014
Paul Muolo and Charles Wisniowski
Another refi boomlet? One Long Island-based mortgage executive told us this: “Locks doubled from the day before and are up 30 percent over the previous 10 days”…
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Legal Expert Blasts Judge’s Ruling in GSE ‘Net Worth Sweep’ Case

October 8, 2014
Charles Wisniowski
New York Law School professor Richard Epstein took issue with Judge Lamberth’s ruling that HERA doesn’t take away any “cognizable property rights.”
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The ‘Brain Drain’ at the GSEs Will Continue. Here’s Why

October 7, 2014
Charles Wisniowski
Are Fannie Mae and Freddie Mac executives just wage slaves? And is there something wrong with that?
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Short Takes: Student Lender Enters Jumbo Mortgage Space / How are Mortgage Lenders Feeling? Not So Good / Ralph Nader Unhappy with GSE Decision / Why is Johnson-Crapo Even on the Senate Legislative Calendar?

October 7, 2014
Brandon Ivey, Paul Muolo, and Charles Wisniowski
Quick question: What’s the difference between student loan debt and mortgage debt? One is impossible to extinguish by going through bankruptcy.
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REITs, Others Get 60 Additional Days to Comment on FHLB Membership Rules

October 6, 2014
Charles Wisniowski
FHFA Director Mel Watt wants to ban companies from using their captive insurance affiliates from joining the FHLB system.
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Short Takes: No ‘Dead Cat’ Bounce for Fannie, Freddie Stocks / General Custer and the GSEs / One Borrower, Multiple (Investor) Loans with FHA / FHFA Wins Another Court Case Too

October 2, 2014
Paul Muolo and Charles Wisniowski
So, is now a good time to buy into Fannie Mae and Freddie Mac? It's a game not for the faint of heart.
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Stock Prices of Fannie/Freddie Crushed in Wake of Judge’s Ruling

October 1, 2014
Charles Wisniowski
However, a separate lawsuit filed by Pershing Square Capital Management in the U.S. Court of Federal Claims is unaffected by Judge Lamberth’s ruling.
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Short Takes: MBA Involved With Nonbank ‘Working Group’ Too / An NPL ‘Brain Drain’ at Lone Star Funds / A $57 Million Problem for the FHLBs of Des Moines and Seattle / FHFA to IG: We Don’t Think So

September 30, 2014
Paul Muolo and Charles Wisniowski
One active NPL bidder has been Lone Star Funds, but sources tell IMFnews the hedge fund has been having a “brain drain” of sorts when it comes to talent.
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Short Takes: CFPB Slams Flagstar Over Mods / No, a New Mortgage Trade Group is NOT Forming / BofA Transferring MSRs to Shellpoint / Merger of Two FHLBs an Aberration? / NJ Senator Intros Share-Appreciation Mortgage Bill

September 29, 2014
Brandon Ivey, Paul Muolo, and Charles Wisniowski
Sources close to the matter noted that Ocwen is involved, but it’s not a trade group.
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Short Takes: Ginnie to New Issuers: Use it Or Lose It / Suddenly, Wholesalers Everywhere / Fannie Doesn’t Like B&Bs / Motor City No. 3 for HARP Outreach / Ex-JPM Executive Gets Key Job at FHFA

September 24, 2014
Paul Muolo and Charles Wisniowski
Hell hath no fury like an agency whose new issuers are not actually issuing (MBS)...
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