Quick Turn Time for Prolific Lone Star on New MBS February 6, 2019 Brandon Ivey Mortgages in the MBS have an average credit score of 720…Read More
Short Takes: About That Net Worth Profit Sweep… / A Permanent Ginnie President? / LOs Tell the Fed: Loan Demand is Weaker / A Lack of Experienced Underwriters for Non-QMs / A New Loan Officer at Castle & Cooke February 6, 2019 Paul Muolo and Brandon Ivey Unless a change is made to the terms of their “bailout,” Fannie and Freddie will upstream most of what they earn to Treasury by the end of March...Read More
Nonbanks Amassed Large MBS Market Share in 2018 February 5, 2019 John Bancroft Over the same timeframe, agency MBS production by commercial banks, thrifts and credit unions fell 17.2 percent…Read More
Fairholme Tells its Shareholders to Hang in There on Fannie and Freddie February 4, 2019 Paul Muolo Fairholme's Bruce Berkowitz suggests the best is yet to come... Read More
Short Takes: Home Point Takes a Dive into the Non-QM Market / #28 Overall / Redwood Selling Additional Shares / Relationships / Not So Fast on that Title Deal February 4, 2019 Paul Muolo Another 'A' paper lender is jumping into the non-QM pool.: Home Point...Read More
What We’re Hearing: Craig Phillips, the ‘Ax’ / What We Talk About When We Talk About GSE Reform / Next Up: Meetings on Capitol Hill / Time for Treasury to Hire an Investment Banker? / Keeping an Eye on loanDepot / More VC Money for Better Mortgage February 1, 2019 Paul Muolo And some point, it stands to reason that the U.S. Treasury Department would hire an investment banking firm with a specialty in Washington matters to assist in a recap and release plan…Read More
Another Record Year for GSE Credit-Risk Transfers February 1, 2019 John Bancroft CRT deals have redefined the Fannie/Freddie business model…Read More
Sen. Crapo Releases GSE Reform Outline. Is it DOA? February 1, 2019 Dennis Hollier Under the Crapo plan, the multifamily business of Fannie and Freddie would be sold to the highest bidder...Read More
‘Crazy Pricing’ Blamed for Lower Origination Volume February 1, 2019 Brandon Ivey Flagstar CEO Sandro DiNello said some lenders are pricing mortgages “irrationally…”Read More
Trump Political Operative Named FHFA Chief of Staff January 31, 2019 Dennis Hollier The appointment is effective February 4... Read More
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