IMFnews

November 7, 2017

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Ocwen Requests Oral Arguments in CFPB Case, Sans Trump’s DOJ

The Trump White House has made it clear that it’s no fan of the CFPB, but the DOJ has yet to weigh in on the case… Read More

Redwood Increases Jumbo Acquisition Volume, Sees Strong Execution for 'Expanded-Prime'

Redwood Trust plans to issue expanded-prime MBS on a regular basis… Read More

Retail Still the Largest Source of Agency Loans

Correspondents generated 38.8 percent of the market and posted the highest purchase-mortgage concentration, 77.8 percent. Read More

As Industry Plans for Next Year, Layoffs Commence. CEO Changes Ahead?

Industry consultant Paul Hindman believes more executive changes are likely in the months ahead… Read More

Long-Time GSE Critic Peter Wallison Doesn’t Disappoint: Kill Fannie and Freddie, He Urges

According to Wallison: “There is nothing about the way the government has managed the housing finance system for the last 50 years that would remotely recommend a continuing government role.” Read More

Short Takes: The ‘Think-Tank’ GSE Hearing / More Red Ink for AAMC / AmeriSave’s New President / A Servicing Milestone for Flagstar / Equity Prime Hires New CFO

Tuesday’s panel discussion has been dubbed the “think tank” hearing because it includes representatives from the Urban Institute, the Milken Institute and American Enterprise Institute… Read More