Items Tagged with 'Ron D'Vari'


Changing Y-bother into Y-not

Student debt...housing's future pitfall?
Student debt is becoming too big to just toss under the rug and forget. At its current pace, it could be the next greatest pitfall to housing.
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Federal Reserve raises the bar on stress tests

Banks required to follow Fed projections on supervisory scenarios
Banks will have to hit a higher mark during their 2014 stress tests now that the Fed is increasing passage requirements. Under the new guidelines, the Fed will use its own numbers to determine if a bank is well capitalized.
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GSE reform unlikely until 2014

Pressing concerns delay Congressional housing plans
As the House of Representatives outlined its agenda for floor hearings over the next two months, the market discovered that housing finance reform was not included on policymakers’ to-do list.
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Two things that likely will be missing from the Treasury's GSE report

As the American Securitization Forum comes to a close, the private-label side of the secondary market reached a clear consensus that mortgage servicing is, in fact, really important. The other consensus is that mortgages are going to cost more. More for borrowers, more for originators, more for servicers — and ultimately less yield for investors. This is somewhat of a breakthrough. Mortgage servicing remained largely ignored by the secondary side for so long, and this new desire to work together is indicative of transformation.
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Firm's Evolution Underscores Shift in Market Landscape

Last June, we covered the start-up of Agire Mortgage Corp., a mortgage lender launched by industry heavy-hitters, including the former COO of New Century Mortgage Robin Cook-Auerbach, as well as former execs from GMAC-RFC and Countrywide. The company said at the time that it wanted to make a push into third-party originations via a strong technology backbone. Getting into the TPO (third-party origination) business in June 2007? Good luck with that.
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