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May 9, 2014

What We’re Hearing: Will Ocwen Start an Insurer So It Can Join the FHLB System? / What Will Watt Say? / Are Fannie and Freddie Dogs? / Cargill Likes Freddie At Least / Top Nationstar Executive Departs / Is Stearns Lending Raiding Wells Fargo for Staff?

By Paul Muolo

One REIT manager suggested that in time FHFA Director Mel Watt may move to eliminate the captive insurer/FHLB “loophole”…

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.
No. It’s still difficult compliance/regulatory-wise.
Maybe. It’s under consideration.
Not now. But things could change as 2018 progresses.

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