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February 17, 2017

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Private MIs Expanded Market Share in 2016 Despite a Surge from the VA Guaranty Program

Most of the gain in private MI market share came at the expense of the FHA program… Read More

When it Comes to Firing CFPB Director Cordray, Maybe the Trump Administration is Going About it All Wrong…

“If Cordray were engaged in malfeasance, inefficiency or neglect of duty, don’t you think the Obama administration would have done something about that?” asked one legal scholar. Read More

CFPB Weighing Enforcement Action Against Altisource Over Services Provided to Ocwen

Late last decade Altisource was spun-off from Ocwen, a once large servicer that in years past had been sanctioned by regulators for some of its servicing practices. Read More

Fannie Mae Has a Blowout 4Q16: Net Profit Hits $5 Billion; A Perfectly Good Storm?

Fannie Mae CEO Timothy Mayopoulos is setting the table for challenging times ahead, issuing caution about the GSE’s dwindling capital position… Read More

What We’re Hearing: Huge GSE Profits, Don’t Get Used to It / The Perfect (Earnings) Storm / A Ginnie Solution for the GSEs? / PHH’s New Strategy / Aide to HUD Nominee Ben Carson Fired for Writings Critical of Trump

One former Fannie Mae official told us that stellar profits posted by the two are “just about done.” Read More

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