The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Awards

2019 HW Vanguard: Mark Hanson

Freddie Mac Senior Vice President of Securitization

Mark Hanson’s leadership was essential to the successful 2019 launch of the Uniform Mortgage-Backed Security, the most significant change to the $4 trillion To-Be-Announced market in a generation.

As Freddie Mac senior vice president of securitization, Hanson helped conceive the UMBS, which combines aspects of Freddie Mac and Fannie Mae MBS into a single, more liquid instrument.

Hanson’s commitment to teamwork and consensus-building among a diverse set of teammates and stakeholders contributed to this success. 

He coordinated the work of hundreds of people within Freddie Mac and many more across the housing finance industry. His tireless efforts have included traveling the globe to build the confidence of overseas investors, gathering brokers and traders at UMBS conferences in New York to address questions and concerns about the security, providing requested and trusted expert advice to officials, and giving numerous media interviews explaining the economic rationale for the UMBS.

In the last year alone, his efforts have helped yield an IRS ruling on the tax treatment of the UMBS; new FHFA rules to facilitate the launch of both the new security and the proprietary Common Securitization Platform that administers it; and updated SIFMA rules for good delivery in the TBA market. 

The result of these efforts has been a remarkably smooth transition. Just six months after the launch of forward trading in March, more than $16 trillion of UMBS has traded, and $200 billion of Freddie Mac’s legacy participation certificates have converted to UMBS.

What one habit has made a crucial difference in your success?

“The best habit for a leader is to be the boss you wish you had: Recognize the needs and accomplishments of others. Give them a chance to grow, achieve and amaze. When they need your help and support, dive in.”

Most Popular Articles

Ex-loanDepot COO: Tony Hsieh cut corners to boost volume

The suit, filed by former COO Tammy Richards, accuses loanDepot CEO Anthony Hsieh of ordering the sales team to “trust [their] borrowers” and close loans, disregarding proper underwriting etiquette. 

Sep 23, 2021 By and

Latest Articles

UWM announces Bolt underwriting system for brokers

In a keynote session about the future of mortgage, UWM CEO Mat Ishbia previewed Bolt, an underwriting system that he said would enable brokers to underwrite a loan in 15 minutes or less, which will go live on Monday, Sept. 27.

Sep 25, 2021 By
3d rendering of a row of luxury townhouses along a street

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