Retail Production Share Hits Record in 2012, But Gains May Not Hold February 21, 2013 John Bancroft and Paul Muolo Retail mortgage lending, in terms of market share, set a new record last year, but those gains may fade.Read More
Servicers Progressing on Robo Relief, But Complaints Continue February 21, 2013 Brandon Ivey The five servicers participating in the $25.0 billion national robo-signing settlement are well on their way toward meeting their obligations. Read More
Will the Sequester Effect Hammer the DC Metro Mortgage Market? February 21, 2013 Paul Muolo The Washington D.C. mortgage market will be fine, even if the "sequester" happens.Read More
Short Takes: FHA Sees Delinquencies Increase in 4Q / Jumbo Borrowers Feel Good Thanks to Stock Gains / Freddie May Have Strong Earnings February 21, 2013 Paul Muolo FHA late payments are on the rise again.Read More
Upcoming Report Key to a GSE Reform Comeback? February 20, 2013 Charles Wisniowski GSE reform could see the light of day after all - or at least an attempt at it.Read More
Redwood Cuts Seasoning with Latest Jumbo MBS February 20, 2013 Brandon Ivey Redwood is in the market with a new jumbo deal, this one with loans that have little in the way of seasoning.Read More
AMC Joint Venture Controlled by Fidelity, Ocwen Shutting Down February 20, 2013 Paul Muolo PowerLink Settlement, a service provider and appraisal management joint venture controlled by Fidelity National Financial and Homeward Residential, is shutting its doors.Read More
Private Equity Fund Hikes Stake in Impac Mortgage February 20, 2013 Paul Muolo IsZo Capital Management increases stake in Impac Mortgage.Read More
Short Takes: HSBC Planning the Mother of All NPL Auctions? / Robo-Monitor A Bit Tardy On Its Report / Carrington Ramps Up Hiring Big Time / Apps Sink / Angry Law Firm Sues CFPB February 20, 2013 Brandon Ivey, Paul Muolo, and Thomas Ressler HSBC is planning a large nonperforming mortgage auction that could happen early in the second quarter.Read More
Ex-Freddie Executive Predicts G-Fee Hikes of at Least 50 bps This Year February 19, 2013 Charles Wisniowski Lenders are looking at guaranty fee hikes of 50 basis points this year - maybe. Read More