Personnel - Articles - Page 274 | Inside Mortgage Finance

Short Takes: A 70-BP G-Fee May Lead to Private Conventional MBS / Impac’s Comeback Continues / Will Cordray Make the Cut This Time? / Ocwen Loses Chief Accounting Officer / MGIC, a Hot Stock

March 6, 2013

Brandon Ivey, Paul Muolo, and Thomas Ressler

Will a private conventional MBS market ever happen? If GSE g-fees keep rising, yes.

Turmoil at ASF as Board Members and Firms Quit Securitization Group

March 5, 2013

The American Securitization Forum, a high profile trade group that focuses on MBS issues, is in turmoil with several of its board members quitting.

Short Takes: Does IBM Have the FHFA MBS Platform Contract? / New Penn Expands its Jumbo Products / Another Subprime Capital Raise? / Stonegate Hires Former Homeward Executive

March 5, 2013

Paul Muolo

Speculation is mounting that International Business Machines may have the contract to build the new single-platform MBS unit for FHFA.

GMH Hires GMAC Executive as SVP of National Production

March 4, 2013

Paul Muolo

GMH Mortgage Services, which is barely five years old, has hired GMAC veteran Frank DiMaio to run national sales.

Ocwen Says its Servicing Cost for NPLs is Dirt Cheap, India?

March 4, 2013

Paul Muolo

Ocwen's huge overseas workforce has allowed it to lower its servicing costs substantially, at least that's how it appears.

Yes, Subprime Lending is Finally Back / Will Fannie Post 4Q Earnings of $8 Billion? / FHA User Fees? / 17,000 FHA Loans to Hit the Auction Block / UGI Now # 1 / Wells Fargo Loses Top Regional Manager

March 1, 2013

Citadel Servicing has raised $200 million in capital to originate residential subprime mortgages. Does this mean subprime lending is "back"? Answer: yes and no.

The Sequester Effect: FHA Services Will Slow

February 28, 2013

George Brooks

FHA staff could be furloughed if the federal sequester happens Thursday night.

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.

QM Could Survive Ruling That Overturns Cordray Appointment

February 27, 2013

Thomas Ressler

The "Qualified Mortgage" rule will survive any legal testing of the authority of CFPB chief Richard Cordray.

Short Takes: The Dwindling JV Empire of Wells Fargo / More Layoffs for Foreclosure Review Specialists? / Where Are Fannie’s Earnings? / Vericrest is Hiring

February 27, 2013

Paul Muolo

Wells Fargo says it is committed to its remaining joint venture lending partners but isn't giving out any names on the JVs.

Personnel
RSS

Short Takes: A 70-BP G-Fee May Lead to Private Conventional MBS / Impac’s Comeback Continues / Will Cordray Make the Cut This Time? / Ocwen Loses Chief Accounting Officer / MGIC, a Hot Stock

Turmoil at ASF as Board Members and Firms Quit Securitization Group

Short Takes: Does IBM Have the FHFA MBS Platform Contract? / New Penn Expands its Jumbo Products / Another Subprime Capital Raise? / Stonegate Hires Former Homeward Executive

GMH Hires GMAC Executive as SVP of National Production

Ocwen Says its Servicing Cost for NPLs is Dirt Cheap, India?

Yes, Subprime Lending is Finally Back / Will Fannie Post 4Q Earnings of $8 Billion? / FHA User Fees? / 17,000 FHA Loans to Hit the Auction Block / UGI Now # 1 / Wells Fargo Loses Top Regional Manager

The Sequester Effect: FHA Services Will Slow

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

QM Could Survive Ruling That Overturns Cordray Appointment

Short Takes: The Dwindling JV Empire of Wells Fargo / More Layoffs for Foreclosure Review Specialists? / Where Are Fannie’s Earnings? / Vericrest is Hiring

Latest Imf News

MBA Forecast: Unemployment Spike, No Interest Rate Relief

BofA, Citi, PNC Report Sizeable Origination Declines

Large Nonbank Share of GSE MBS Issuance Increases

Non-Agency MBS Floodgates Open Mid-April

Get Free IMFnews Updates!

Featured Data

Structured Finance Issuance Off to a Wobbly Start in 2025

Agency Single-Family MBS Market Tanks in Early 2025

FHA Lending Slows in Fourth Quarter Despite Refi Spike

Correspondents Regain Some Nonconforming Share in 4Q

Popular Stories

Onity (Ocwen) Considering Its Options?

Bessent Suggests GSEs for U.S. Sovereign Wealth Fund

Talk: Onity Considering Sale as Offering Book Circulates

News Tailored to Your Needs

Get Focused Coverage

Featured Reports

Mortgage Profitability Report 4Q24 (PDF)

Mortgage Servicing Rights Report: 4Q24 (PDF)

Agency Channel Analysis: 4Q24 (PDF)

Agency Seller-Issuer Profile: 4Q24 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Personnel RSS

Get Free IMFnews Updates!

News Tailored to Your Needs

Get Focused Coverage

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Personnel
RSS