Articles by Paul Jackson

Non-QM optimism: It’s an actual thing!

Investors at ABS Vegas are already revving their engines
"Non-QM [mortgage lending] is a huge opportunity, the largest we’ve seen in 30 years," said one investor with a hedge fund, who asked not to be named. "It’s going to take a little time to sort out the details as an industry, but once we do I see a strong market ahead."
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Citi sells Fannie Mae MSRs ... to Fannie Mae

Effort marks bank's move to shed potential liability over servicing practices
Fannie Mae has purchased mortgage servicing rights on about 64,000 of its own loans from Citigroup (C), as the nation's 3rd largest lender looks to shed future liabilities tied to its servicing practices.
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The most important chart in housing right now

Is housing bubbly? This chart might change your mind.
There is a lot going on right now in housing and mortgage markets. But one of the debates that continues to rage on is whether U.S. housing markets are in a bubble or not. Here's one chart that probably settles that debate once and for all.
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Introducing the HW TECH25 program

Nominations now open for inaugural list of industry's most innovative tech firms
HousingWire recently opened up the nomination period for a new program at HousingWire called the HW TECH25™. Firms making the cut will have earned the right to be called the most innovative software companies in today's housing economy. Read on to get details on the application process and key deadlines.
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New for 2014: A revamped HW Magazine

As 2014 arrives, so too does a completely rethought HW Magazine. It's time. And in fact, it's probably the single most dramatic overhauling of the content in our monthly flagship since the magazine first launched. (Yes, really.)
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With 2014 ahead, a thank you

Our mission since I first began writing HousingWire (as a blog more, than six years ago!) remains as simple now as it was then: move the markets we serve forward. Visitors to HW's offices, along with all HW staffers, know our mission well: after all, it's the very first thing you'll see emblazoned on a glass wall when you first walk into our reception area.
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Mortgage applications drop in wake of Fed's taper

Purchase, refi volume both take a hit
Mortgage applications dropped across the board last week, according to new data released Tuesday morning by the Mortgage Bankers Association. Total applications fell 6.3% on a seasonally-adjusted basis according to the MBA's index of mortgage activity, marking the second straight week of languishing mortgage demand from consumers.
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Fidelity settles with FTC on LPS purchase

Agreement green-lights planned acquisition/merger
The Federal Trade Commission has settled with Fidelity National Financial, Inc. on a complaint over the title giant's proposed $2.9 billion acquisition of mortgage technology and services provider Lender Processing Services (LPS), according to a statement from the FTC on Tuesday.
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