Just 100 Digital Mortgages Close Per Month. What’s Up with That? loanDepot Sees Gains Ahead Though June 30, 2017 Carisa Chappell The slow adoption rate suggests the problem is more a management and personnel issue than a technological challenge…Read More
House Panel May Take Up GSE Reform After All June 29, 2017 Carisa Chappell Rep. Luetkemeyer stresses that housing finance reform is a “very difficult” issue…Read More
Short Takes: Sen. Crapo: Recap & Release is Not a Solution / MBA Chimes In as Well / FHFA Holds Forum on SFR. Means What? / From Troy to Pontiac for UWM / SoFi’s Big Mortgage Idea June 29, 2017 Carisa Chappell and Paul Muolo Maybe GSE 'recap and release' is DOA?Read More
Captive Insurers (REITs) Would Stay in the FHLB System if House Bill Becomes Law June 27, 2017 Carisa Chappell If the bill becomes law, REITs that gained access to low-cost FHLB advances would get a reprieve.Read More
Sen. Warner: GSE Reform Could Come Before Dodd-Frank June 21, 2017 Carisa Chappell Sen. Warner noted the Trump administration is committed to doing something about the GSEs…Read More
Short Takes: loanDepot Beefs Up Social Media Research / Fairholme Attorney on the Phone / Stated-Income Loan from Silver Hill / What Cowen Expects / Premium Title Grows Sales Team June 19, 2017 Carisa Chappell and Paul Muolo Fairholme is scheduled to talk about its investment in Fannie Mae and Freddie Mac...Read More
Fannie/Freddie Shareholder Cases Still Linger in Court; New Case Filed in MI June 9, 2017 Carisa Chappell The plaintiffs allege the net worth sweep of the GSE profits is the clearest manifestation of the FHFA’s “overarching policy” to operate Fannie and Freddie for the exclusive benefit of the federal government.Read More
Top 25-Ranked Lender Franklin American Removes Several Overlays June 8, 2017 Carisa Chappell Franklin also expanded guidelines to allow for cash-out refinance transactions on investment properties.Read More
Short Takes: In Defense of the CFPB / A Hit Job? / Sale of EverBank to TIAA Ready to Close / ABA: TRID Changes are Needed / Pagliara’s GSE Lawsuit Dismissed June 8, 2017 Carisa Chappell, Paul Muolo, and Thomas Ressler Meanwhile, Rep. Maxine Waters, D-CA, issued a statement Thursday morning, defending the CFPB...Read More
Urban Institute Expects Single-Family Rental Financing to Grow June 7, 2017 Carisa Chappell SFR transactions are expected to increase as investors rely more on leverage…Read More