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Author Archives: David Wharton

Smaller Banks Picked up RMBS Slack in Q3

The third quarter of 2017 saw many of the larger bank servicers scaling back their portfolios of residential mortgage-backed securities (RMBS), while smaller regional banks and non-bank servicers moved to seize the opportunity, as reported by Fitch Ratings’ latest RMBS ...

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Quicken Loans: Homeowners and Appraisers Sync Up

Estimates about home values among homeowners and appraisers were considerably closer to lining up during the final month of 2017, according to new data released by Quicken Loans. According to the National Quicken Loans Home Price Perception Index (HPPI), home ...

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CFPB’s Laurie Maggiano: Looking Back at an Industry Icon

Sad news broke this past weekend with the announcement that industry icon Laurie Maggiano had passed away unexpectedly. Maggiano was Servicing and Secondary Markets Program Manager at the Consumer Financial Protection Bureau (CFPB). Having served more than four years at ...

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Powell Was Hesitant About Fed MBS Purchases in 2012

Transcripts released by the Fed provided insight into the man due to take over as Fed chair in 2018, assuming he receives Senate confirmation. The Fed published meeting transcripts from 2012 last week, continuing their policy of releasing such transcripts ...

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