major article – Taylor Bean – With a Quick Rise, Hard Fall, Home Lender Marked an Era – BY JAMES R. HAGERTY AND NICK TIMIRAOS – Wall Street Journal 

and
Taylor Bean Emails – a collection – Wall Street Journal

————

How Independent Mortgage Bankers Can Survive The Warehouse Crisis – BY MARY KLADDE AND RUTH LEE – (good article, has history, suggest private equity and community banks BC) -  MortgageOrb   
Titan Lenders Corp. in Denver
Titan Lenders Blog 

and

Mortgage Compliance:  MFI-Miami To Investigate Securitizations – … MFI-Miami will investigate pooling and servicing agreements, as well as the contents of certificates that trustees allege to contain the mortgage. MFI-Miami will also determine if certificates were part of credit default swaps that may have been paid as part of the Troubled Asset Relief Program or by a third party. … – MortgageOrb

Website for MFI-Miami – MFI-Miami is an independent compliance company created by the need to determine if a homeowner was a victim of fraudulent mortgage practices. We review loan documents from the origination and servicing phases of a mortgage.

————

Retro Screw Job? – ING’s big Alt-A surprise -  If you think the US taxpayer got a raw deal with bank bailouts, have a look at what the Dutch government has done with ING, one of the largest Dutch banks. During the crisis the Dutch authorities synthetically bought ING’s structured (mostly) Alt-A portfolio of US mortgages  … Now the European Commission has opened a Pandora’s Box because other European states have also provided unprecedented deals to their banking institutions. And with ING’s precedent, they also may be forced to pay up. … – Sober Look Blog

————

Mortgage bankers’ profits skyrocket – Mortgage bankers realized a 635 percent increase in profit on loans they originated in the first quarter, compared with the fourth quarter, the Mortgage Bankers Association said.  The average profit on each loan origination in the first quarter was $1,088, up from $148 per loan origination in the previous quarter. –
Kansas City Business Journal – by South Florida Business Journal 
————

Housing bottom in place – Scott Grannis – Two different views of the state of the residential real estate market both suggest rather strongly that we’ve see the bottom … – Calafia Beach Pundit

————

Extending Taxpayer Home Credit – Senator Isakson on RE: We Need More Gas! – Senator John Isakson (R. Ga.) … he knows full well that when you provide 95% LTV loans and a tax rebate that allows the buyer to put up net-net zero money down on a home purchase you can move real estate again. The Senator is pushing hard to extend the existing first time home buyer program. He wants to dramatically expand the scope (and cost) of the program as well – has details and thoughts – Bruce Krasting Blog