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May 2, 2018

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Net Income of $8.3M for Great Ajax, REIT Looks to Acquire More RPLs

Great Ajax’s forte is buying re-performing mortgages… Read More

Ocwen Posts a (Small) Profit, but Revenues Keep Heading South

Ocwen has tried to mend its ways, noting in the new report: “We have now resolved all of the state cease and desist orders (but not all of the legal actions) taken against us….” Read More

GSE-Eligible Loans in Non-Agency MBS Seen as More Risky…

Due to temporary standards established by the CFPB, mortgages eligible for sale to the GSEs are treated as qualified mortgages even if they have higher debt-to-income ratios that would otherwise make them non-QMs… Read More

Impac’s Two $6M Men Got Their Pay Slashed in 2017

Impac has yet to disclose when it might release first quarter results. Read More

Short Takes: What’s in a Name? / First, We Change the Name in the AP Style Book / CRL Wants FHA Changes / Fannie Tech Official Departs for Vendor

CFPB Acting Director Mick Mulvaney: “I don’t know why we call it the CFPB; that is not the name of the organization..." Read More

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