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April 10, 2014

Short Takes: More Meddling by FHFA in MSRs? / Will JPM’s Dimon Ever Love Mortgages Again? / PHH Finds a Way to Reduce Turnover / MI Looking Up / Homebuilder Expands License Base of MB Sub

By Paul Muolo and Brandon Ivey

Did the FHFA late last summer/early fall raise concerns regarding a certain nonbank servicer’s capital in regard to a huge portfolio of mortgage servicing rights that it had bought earlier in the year from a megabank?

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How many new retail loan officers (net) is your shop looking to hire in the first quarter of 2018?

1 to 10. We’re being careful.
11 to 30. We’re feeling slightly bullish.
31 or more. We’re in expansion mode.
None. We’re staying right where we are, for now.
We’re cutting back.

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