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Pipeline Press is an informational forum focused on the interpretation and discussion of industry specific news, intelligence, investor bulletins, lender releases, developments, events and even rumor.

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Rates Continue Lower; Fed Scales Back Purchases with No Impact on Rates (yet)

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by Rob Chrisman on October 02 2009, 11:02 AM

My uncle used to say, "Do not corner something that you know is meaner than you." Or bigger, for that matter. Speaking of big, the numbers yesterday show that the Fed’s purchases dipped somewhat, as expected....
MBS Issuance Steps Up; Ken Lewis Steps Down

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by Rob Chrisman on October 01 2009, 11:05 AM

Everyone knows the drill: small originators sell loans to mid-tier investors such as AmTrust or Franklin American, who in turn sell their loans to companies like Wells, Chase, Bank of America, or maybe the agencies....
Why are Stats Revised? VA Loan Update; Primer on USDA Program

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by Rob Chrisman on September 30 2009, 11:42 AM

This morning we had our final revision to the 2nd quarter’s GDP number. Folks always wonder, “Why can’t the statisticians get it right the first time instead of always revising an economic report?” ...
FHA Chatter; News from MERS, Wells, Flagstar

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by Rob Chrisman on September 29 2009, 11:46 AM

Reuters reported that state housing agencies around the U.S. that provide mortgages to low-income borrowers would get as much as $35 billion in federal aid under a new U.S. Treasury Department program....
Two Clubs for Small Mortgage Banks; Freddie Pushes Back 10/1 Changes; GMAC Steps in to TBW Role

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by Rob Chrisman on September 28 2009, 2:48 PM

Out here in California, some in the business have been following the case of 28-yr old Garret Gililland III. Originally from the Sacramento area, he was just captured in Spain and brought back to California to face charges of a $100 million mortgage fraud...

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Rates Continue Lower; Fed Scales Back Purchases with No Impact on Rates (yet)

MBS Issuance Steps Up; Ken Lewis Steps Down

Why are Stats Revised? VA Loan Update; Primer on USDA Program

FHA Chatter; News from MERS, Wells, Flagstar

Two Clubs for Small Mortgage Banks; Freddie Pushes Back 10/1 Changes; GMAC Steps in to TBW Role

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