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May 1, 2018

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The Nonbank Share of GSE Servicing Now Stands at 37.5 Percent – and Growing

Matrix Financial Services is another nonbank rapidly climbing the GSE servicing ranks… Read More

The GSE Reform Bust Blues: Worrying About Mel Watt’s (Potential) Successor at the FHFA

There’s been speculation that when the Trump administration picks Watt’s successor, one of the first things that person might do is impose a loan-size purchase limit on the two government-sponsored enterprises. Read More

Consumer Mortgage Complaints Take a Dive

Total gripes filed during 1Q18 were down 36.3 percent from a year ago… Read More

Freddie CEO Don Layton Weighs in on IMAGIN Pilot Program

Early on, research firm B. Riley FBR described IMAGIN as “an offshore structure [that] could enable a lower price.” Read More

Freddie Posts Strong 1Q18 Profit Thanks to G-Fee Income, Gains from Derivatives (and No More DTA Hits)

Even though the GSE posted a strong profit, it saw MBS issuance fall 37.2 percent in the first quarter... Read More

Short Takes: Freddie Mac Multifamily Continues to Shine, but… / UWM Rolls Out New Website / Seed Money / Nationstar Looking at a Large MSR Markup? / Mulvaney: I’m Not Running a Yelp / New Hires for Freddie, Angel Oak

Not too long ago, UWM rolled out a $500,000 grant program designed to allow LOs to start their own loan brokerage firms... Read More

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