Short Takes: A Record Non-QM Quarter for Angel Oak / $9.7B Under Management / Good News for FHFA, Bad News for HUD / Filling the Holes / Take Our Servicing Trivia Test April 16, 2019 Paul Muolo A record production quarter for Angel Oak...Read More
New FHFA Chief Calabria Sees a Sense of ‘Urgency’ on GSE Reform April 15, 2019 Dennis Hollier Calabria: “There is much work to do. Markets change and advance. So must we.”Read More
What We’re Hearing: Good Luck Mr. Calabria / So What’s First on the List? / Digital Mortgages, the Great Mortgage Employment Reducer? / About that 25 BPs LLPA Charge from Fannie Mae / Op-Ed by Caliber CEO Das Sets Tongues Wagging April 12, 2019 Paul Muolo A new op-ed from Caliber Home Loans CEO Sanjiv Das has people talking, and not necessarily in a good way...Read More
Short Takes: Judge Orders Mediation for Quicken and Uncle Sam / Fighting Rather Than Quitting / A Mortgage Sample of Just 55 Loans / Calabria and GSE Stock Prices / Waiting on the Swearing In / Arch and Some Predictions About the (Coming) Recession April 9, 2019 Paul Muolo In late 2015, Quicken executive Bill Emerson complained how DOJ sued based on a paltry sample of the lender’s government-backed loans. “They cherry-picked just 55 loans [for its case],” he said…Read More
FHA Lenders Can Opt for Third-Party Verification March 22, 2019 George Brooks The new guidance applies to all FHA forward mortgages and HECMs…Read More