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
CFPB Fair Lending Activity Is More Supervisory Focused These Days February 27, 2019 Yemeng Yang During the reporting period, the bureau initiated 13 fair lending supervisory actions targeting financial services institutions.Read More
Short Takes: HomeBridge Eyes HomeStreet’s Mortgage Network / As for the Mortgage Servicing Portfolio… / Figuring Out the Calabria Vote / A Rally for Ocwen / A Red Hot MSR Market / A Glum Assessment on Mortgages from Joe Garrett & Co. February 27, 2019 Brandon Ivey and Paul Muolo Ocwen's share price took off like a rocket Wednesday morning...Read More
SFIG Chief Michael Bright Shrugs Off GSE Reform Talk February 26, 2019 Brandon Ivey Former Ginnie Mae chief Michael Bright: “These decisions have not been made..."Read More
CFPB Plans Supervisory and Enforcement Budget Cuts February 26, 2019 Yemeng Yang The new CFPB director wants to keep cutting the agency’s budget…Read More
Short Takes: How Fast for Calabria? Very Fast / It Pays to Have a Godfather / What About a ‘Hold’? / Record Attendance at SFIG Vegas / Mixed Opinions on Expanded-Credit February 26, 2019 Brandon Ivey and Paul Muolo Now for the big question: Will any Democratic senators put a hold on the Calabria nomination?Read More
Buybacks of Fannie/Freddie Loans Fell to a Record Low Last Year February 25, 2019 John Bancroft Total lender buybacks fell 14.4% last year…Read More
GSEs’ Single Security on Track for Implementation June 3. Otting Supports it 100% February 25, 2019 Brandon Ivey FHFA’s Mary Ellen Taylor noted the project aims to increase liquidity in the to-be announced MBS market and is not an effort to combine Fannie and Freddie into one entity.Read More
Former FHA Chief Galante Quits Ocwen’s Board, Ex-GE Exec Britell Joins February 25, 2019 Paul Muolo Ocwen is scheduled to report fourth quarter results on Wednesday…Read More
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