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
Short Takes: Deephaven Interest / Don’t Worry About the ‘GSE Patch’ / Simmering Down a Bit: GSE Common / Carl Icahn? / Job Openings at Quicken Loans / Caliber Hires Stearns Executive Hecht / A Promotion for Riskey February 5, 2019 Paul Muolo and Dennis Hollier A mortgage slowdown? Not everywhere: Quicken Loans says it has more than 700 job openings…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
HFSC Freshmen Aim to Be Players on Housing, Fair Lending Issues February 1, 2019 Yemeng Yang Keep an eye on Rep. Katie Porter, the freshman Congressman from California…Read More
Trump Political Operative Named FHFA Chief of Staff January 31, 2019 Dennis Hollier The appointment is effective February 4... Read More
Otting’s Appointment at FHFA May Be Illegal January 31, 2019 Dennis Hollier Should the White House have picked one of three deputy directors instead?Read More