Short Takes: Ben Carson to Leave HUD After 2020 Election? / CFPB Hearing / Home Price Appreciation Slows / Mortgage Applications Down / Pinto’s Housing Finance Reform Plan March 6, 2019 Yemeng Yang Housing and Urban Department Secretary Ben Carson said he is planning on leaving his post at the end of President Trump’s first term ...Read More
Feds and Florida Seek to Merge Ocwen Lawsuit March 4, 2019 Yemeng Yang Seeking a merger of the complaints, federal and state regulators now believe their cases overlap sufficiently regarding questions of law and fact…Read More
Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage March 4, 2019 Paul Muolo, Brandon Ivey, and George Brooks More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...Read More
What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director March 1, 2019 Paul Muolo Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs? Read More
Mortgage-Investing REITs Pony Up to the Stock Bar March 1, 2019 Paul Muolo Mortgage-investing REITs aren’t shy about selling additional shares of common to the public…Read More
Purchase Loans Dominate in 2018, Refi Share Rises in 4Q18 February 28, 2019 John Bancroft The purchase-mortgage share reached 70.6%, the highest reading since 1990...Read More
Borrowers Averse to Refis, Even When They’re Free February 28, 2019 Dennis Hollier The study looked at why borrowers would turn their noses up at free money…Read More
Short Takes: A Mega Servicing Deal Approaching? / ‘Goldilocks’ Pricing / The Ditech Portfolio? / Fannie & Freddie Common Take a Rest / FHFA’s Final UMBS Rule / Bell Bank Opens AZ Branch, Mortgages on the Menu February 28, 2019 Paul Muolo The share price of Fannie Mae and Freddie Mac common has been on a mild downward slope since Feb. 22. Meaning?Read More
SFIG Speakers Expect Administrative Reform of the GSEs. Capital Build? Yes February 27, 2019 Brandon Ivey Michael Stegman: “Clearly, there is going to be some kind of capitalization of the GSEs..."Read More
A Small 4Q18 Loss for Ocwen Amid MSR Buys, a Compensation Reduction for CEO Messina and a New CFO February 27, 2019 Paul Muolo Ocwen is cutting cash retainer payments to its board of directors...Read More
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