Nationstar Holdings posts $48.3M loss in first quarter

Nationstar Holdings posts $48.3M loss in first quarter

Lower servicing revenue proves heavy drag

5 things mortgage lenders need to do before TILA RESPA goes into effect

Compliance is important

Monday Morning Cup of Coffee: Home price and wage divergence raise alarms

Plus the endgame for two billion-dollar R&W settlements?
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Items Tagged with 'GSE reform'

ARTICLES

MBA's Stevens: Time for a clarification on Fannie, Freddie reform

Protecting GSE role in housing supersedes profit-focused shareholders
David Stevens
Right now, Fannie Mae and Freddie Mac are providing liquidity in the secondary market for residential mortgage in the absence of private capital. The unbalanced dependence here puts the entire system on untenable ground and presents enormous risks to taxpayers.
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Mr. Lew and Holder: Tear down this wall of secrecy on Fannie, Freddie profit sweep

Support or oppose ‘3rd amendment sweep’
Trey Garrison
You can oppose or support the third amendment sweep. You can be for or against the recapitalization of the GSEs. But no one, in good conscience, can support keeping the American people in the dark as to why.
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Former FDIC chair unleashes sharp critique of Fannie, Freddie treatment

William Isaac says Treasury sweep of profits puts taxpayers at risk
Trey Garrison
The sweep of Freddie and Fannie profits to Treasury puts taxpayers at a great risk of having to bailout the GSEs if, as FHFA's OIG suggests, profitability goes south. The latest sounding the warning? The former head of the Federal Deposit Insurance Corp. Think he's right?
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Congresswoman wants to put Fannie, Freddie profits in escrow

Introduces bill to force action on GSE reform
Trey Garrison
A congress member wants to put profits from the government sponsored enterprises in escrow. Is it so crazy it just might work?
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Do we really need laws protecting the 30-year mortgage?

These guys say yes, yes we do
Trey Garrison
Three New England congressmen have introduced legislation designed to protect the fixed-rate 30-year mortgage and, they say, shield American taxpayers from future bailouts by reforming the housing finance system. Think it's a good idea?
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Pagliara: Government's profit sweeps of Fannie and Freddie put taxpayers at risk

Fannie, Freddie not adequately capitalized
Harry Gardner
The Hill ran an opinion piece from Tim Pagliara on how he thinks the status quo and the Third Amendment Sweep puts taxpayers more at risk. Here’s why.
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CMLA: Time to reduce the FHFA g-fees, mortgage insurance

Fannie, Freddie fees create an unnecessary cost
Trey Garrison
The lending association says that if the administration isn’t going to allow the GSEs to retain earnings to rebuild their capital base, then g-fees and mortgage insurance fees should be lowered. Here’s why.
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Monday Morning Cup of Coffee: ‘Rehab recovery’ an opportunity for MBS investors

More voices join call for GSE recapitalization; Some not bad news for Ocwen
Trey Garrison
The opportunities for MBS investors are apparent in the economic fundamentals, and investors need to get used to the new normal.
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#Fanniegate goes viral on Twitter

There’s little middle ground in Fannie Mae, Freddie Mac war of words
Trey Garrison
There’s little middle ground in the Fannie Mae and Freddie Mac war of words. If you’re on Twitter, you need to find the hashtag #Fanniegate. If you’re not on Twitter, don’t sweat it — we have the highlights.
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President to speak on Fannie, Freddie on Thursday

Unwinding GSEs unlikely; investors see possibilities for recovery
Trey Garrison
The fate of the GSEs is still uncertain, but the President will discuss housing, and some hope there's a chance shareholder rights could be restored if GSE reform continues to stall.
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