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October 16, 2018

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MBA Panelists Express Grave Concerns about the Current Profit Picture

Ken Logan, managing director of warehouse finance for Wells Fargo Bank, noted that nonbanks need to know “not having cash matters.” Read More

Flagstar Readies Non-Agency MBS Stocked with GSE-Eligible Loans for Investment Properties

Some 78 percent of the loans are GSE-eligible mortgages for investment properties… Read More

Mulvaney Tells MBA: CFPB to Define ‘Abusive’ Under UDAAP; Regulation by Enforcement is Over

CFPB chief Mick Mulvaney declared the regulation-by-enforcement approach done... Read More

FHA Market Grows Riskier in 2018

FHA debt-to-income ratios are also deteriorating… Read More

MBS ‘Godfather’ Ranieri Agrees to Sell Servicing Company Selene

“It’s time to go,” said Ranieri... Read More

Short Takes: Trump’s Point Man on GSE Reform: Yank Fannie and Freddie’s Charters / New 52-Week Lows / Ginnie Issuer Gets its Ticket Pulled / Uncle Sam is Spending Too Much Money (Again) / A Name Change for Ocwen?

Meanwhile, there was chatter at the MBA convention that Ginnie Mae had just yanked the ticket of one of its MBS issuers. Read More

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