Home » Short Takes: Wells Hires Someone to Manage JVs / Cordray Will Be Confirmed? / Ocwen Posts Results but Analysts are Not Impressed / HUD Writing its Own QM Rule for FHA Loans

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Short Takes: Wells Hires Someone to Manage JVs / Cordray Will Be Confirmed? / Ocwen Posts Results but Analysts are Not Impressed / HUD Writing its Own QM Rule for FHA Loans

February 28, 2013

Brandon Ivey, Paul Muolo, and Thomas Ressler

Wells Fargo has not given up on mortgage lending JVs after all and has hired someone to manage them.

News IMFnews Inside Mortgage Finance Inside MBS & ABS Inside FHA/VA Lending Inside the CFPB GSEs Originations Servicing Personnel

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Short Takes: Wells Hires Someone to Manage JVs / Cordray Will Be Confirmed? / Ocwen Posts Results but Analysts are Not Impressed / HUD Writing its Own QM Rule for FHA Loans

Latest Imf News

Rocket Takes Large Loss in 3Q Tied to MSR Values

Losses Increase at Better, Profitability a Ways Off

CrossCountry Teams With Chase for Prime Non-Agency MBS

Angelo Gordon’s REIT Diving Into Home Equity Loans

Featured Data

ARMs, IO Loans Help Boost ECM Securitizations in 3Q

Delinquencies Rise Across Ginnie Servicing in 3Q

CMBS Issuance Up Again in 3Q24 as Multifamily Surges

Large Nonbank Servicers Gain Share in Third Quarter

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?