According to figures compiled by Inside Nonconforming Markets, in the first half of the year Deephaven ranked eighth among all expanded-credit mortgage lenders with total production of $650 million.
The lifting of the sanctions comes amid a recent report by Bloomberg that New Day Chairman Emeritus Joe Murin might be a candidate to be the next permanent president of the government guarantor.
One industry lobbyist, requesting anonymity, noted that when it comes to a possible recapitalization-and-release plan for Fannie and Freddie, “Everything flows from the capital rule. This shows us the [recap and release] process will not go quickly.”
One Fannie/Freddie historian reminded us recently that there used to be a conforming loan limit for GSE multifamily loans. The big question: Why did it disappear?...
“The QM patch expiration presents an opportunity for regulators to streamline certain rules to put the housing-finance sector on the best possible footing going forward,” Redwood said.
Currently, one of Houlihan Lokey's biggest mortgage-related assignments involves the liquidation of assets belonging to megaservicer Ditech Financial, which is operating under bankruptcy protection...