Bank of America: 'We provide all required MSR documents'

Bank of America: 'We provide all required MSR documents'

Responds to Ginnie Mae MSR transfer block

17% of homes with a mortgage seriously underwater

Share of underwaters continues slow decline

Here are 5 bold mortgage predictions from KBW

Q1 mortgage volume predicted to be $20 billion lower

Items Tagged with 'Moody's Investors Service'


United Wholesale Mortgage launches non-QM program for jumbo borrowers

Interest in non-QM is growing
April 14, 2014
United Wholesale Mortgage, one of the nation’s largest wholesale lenders, launched a new program called ‘Big & Easy Plus,’ which is design for non-QM Jumbo loans.
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Moody's: Johnson-Crapo could ramp up issuance of private-label RMBS

See positive potential in Senate GSE reform measure
April 14, 2014
Moody's says the GSE package could help kick-start issuance in the private-label residential mortgage-backed securities.
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Moody’s downgrades Old Republic outlook to stable

Failed recapitalization plans for mortgage insurance business
April 1, 2014
The change comes after Old Republic announced that it has cancelled its earlier recapitalization plan for its mortgage insurance business.
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First Ocwen, then Nationstar, now Walter...

Walter shareholders file lawsuit
March 17, 2014
Nationstar, Ocwen Financial and Walter Investments have all come under increased scrutiny in recent months. The nonbank service companies have been purchasing mortgage-servicing rights by the truckload and as each company grows its portfolio, critics are highlighting supposed cracks in each company’s foundation.
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Apartment rents rising faster than home prices in 6 major cities

Why rent when you can buy in these leading metros?
March 13, 2014
Multifamily rental prices have recovered to a greater extent than single-family prices post-crisis in six key major markets surveyed by Moody’s Investors Services.
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The truth behind the safety of nonbank servicers

Compass Point: 4 areas show strength
March 11, 2014
Nonbank mortgage servicers are stuck in the undercurrent of a heavy wave of regulator scrutiny and industry surveillance. And as regulators go after nonbanks, the real question remains: Are they justified?
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Mortgage servicers big winners on the HW 30 (and Trulia)

Walter, Ocwen, Nationstar overcome industry headlines
March 4, 2014
Walter, Ocwen and Nationstar stocks posted strong hikes on Tuesday despite threatening industry headlines. Meanwhile, Trulia came in from left field and recorded the best increase on the HW 30.
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ABS Vegas: What analysts say you must know about REO-to-Rental

It's a new asset class and you don't want to get burned
January 24, 2014
Ratings analysts say they are treading cautiously with REO-to-Rental, and they are adopting specific criteria for making them more comfortable.
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How 3 companies gambled on MSRs and won

Aggressive MSR portfolio acquisition strategy puts them in sweet spot
January 20, 2014
Moody's Investors Corp. gives a qualified thumbs up to three firms that bet heavy on growing their mortgage servicing rights portfolios, and says that despite the risks, the reward is great positioning.
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Trickier non-QM loans will challenge private mortgage bond market

Moody's cites litigation risk as huge roadblock
December 5, 2013
Non-QM loans packed into securitization deals could create excessive legal risk for investors at a time when their appetite for less-restrictive lending standards is growing.
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