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June 20, 2014

What We’re Hearing: Will New York State Ever Charge Ocwen? / Which Firm is Servicing Ben Lawsky’s Mortgage? / FHFA May Set Capital Minimums for Nonbank Servicers / Redwood Trust Gets Membership in An FHLB

By Paul Muolo

Sources tell IMFnews that the Federal Housing Finance Agency is looking into the matter and is promoting the idea of capital minimums for nonbanks that do business with Fannie Mae and Freddie Mac.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
We will fund more than last year – by a little.
We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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