IMFnews

May 23, 2017

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Nonbank Mortgage Firms Report Dour 1Q17 Earnings

PHH Mortgage continues to ooze losses as well… Read More

KBW Says Leave the GSE Dividend Alone, Go with More Risk-Sharing Deals

Meanwhile, although GSE risk sharing seems popular in some circles, FHFA itself admitted recently that some of this coverage has come at premium cost to Fannie and Freddie. Read More

Incenter Selling $2.15 Billion of GSE Servicing Rights

California accounts for the largest chunk of receivables at 34.9 percent. Read More

Law Professors Slam Hensarling’s CHOICE Act, Defend the CFPB

The law professors believe the CHOICE Act would take the mortgage industry back to the recent past, which was characterized by risky lending and lax regulatory oversight. Read More

Appeals Court to Hear Oral Arguments Wednesday in PHH Corp. v. CFPB

Sam Kazman, general counsel for the Competitive Enterprise Institute, says the hearing involves fundamental issues about the basic structure of our government… Read More