June 12, 2019By Paul MuoloIn a Light Auction Market, MIAC Offers a $1B PackageMIAC has established a bid deadline of June 18…
June 6, 2019By Yemeng YangIn Trying to Prevent a ‘Hard Stop,’ Freedom Mortgage Runs Afoul of HMDAThe CFPB said the practice was not limited to a specific location, loan officer or time period...
June 5, 2019By Paul MuoloShort Takes: A Refreshing Assessment from Freddie’s Don Layton / Hey, Let’s Build an AU System Everyone Can Use (Maybe Not) / FHFA Pulls the Plug on Rate Survey / Booming Loan Originations. However… / CHLA Hires Industry Vet WillisonFreddie CEO Don Layton: "People tell me, ‘Well, let’s have a common AUS that everyone can use.’ My only data point on that is that to have a common system on the backend for the security (UMBS) took seven years and $2 billion to build…”
May 24, 2019By Paul MuoloShort Takes: What We Talk About When We Talk About GSE Reform / MGIC Executive Departs / Winter is Coming, and So is a Recession / All Clear on (Ginnie) Liquidity Issues / Thrift Executive Indicted in Manafort-Related Case
April 19, 2019By Brandon IveyChange to FHA Downpayment Assistance Requirements Met with Harsh Criticism
June 13, 2019By Paul MuoloShort Takes: Ginnie 2020 Kicks Off / Fannie and Freddie Head for the Cloud / Well, At Least Mr. Cooper (Nationstar) Should be Happy / Think of the Braves / On the Endangered List: Banks Servicing Ginnies
June 11, 2019By Paul MuoloShort Takes: Withering on the Vine in Mortgageland: Commercial Banks / Ocwen: Transfer Complete / Ocwen Changes Brand Name to PHH Mortgage / Alert: HECM Damage in Progress / Angel Oak Sees Big Gains Ahead for Non-QM