Inside Mortgage Finance

News from Our Industry Newsletters

February 21, 2012

Settlements Abound Between Top Lenders, Federal Regulators

It looks like 2012 is turning out to be the year of the settlement between top mortgage lender/servicers and federal and state government...... from Inside Regulatory Strategies

January 27, 2012

Dems to Keep Pressing FHFA on Principal Reduction

Despite the Federal Housing Finance Agency’s release of a long awaited study justifying its position against the writedown of underwater...... from Inside The GSEs

December 16, 2011

Banks Differ on Portfolio Lending Strategies

Servicing and delinquency issues in recent years have prompted three of the four major bank portfolio lenders to decrease their focus on...... from Inside Nonconforming Markets

August 5, 2011

More Lenders Report Mixed Results, But Mortgage Banking Profits Steady

A second round of mortgage banking earnings reports over the past two weeks suggests that the industry managed to churn out fairly stable...... from Inside Mortgage Trends

News from Our Industry Newsletters

February 21, 2012

Worth Noting

In response to a request from the Federal Trade Commission, a U.S. district court has banned a number of defendants from providing mortgage...... from Inside Regulatory Strategies

January 13, 2012

GSE MBS Business Booms in Late 2011

Fannie Mae and Freddie Mac issued $261.59 billion in single-family mortgage-backed securities during the fourth quarter of 2011, a booming...... from Inside The GSEs

September 16, 2011

Liquidating Trusts: A Viable Financing Option

Mortgage lenders and servicers with large portfolios of seriously delinquent home loans have turned to “liquidating trust”...... from Inside Mortgage Trends

August 12, 2011

Regulators Announce No Change in GNMA Risk Weights

The zero risk weight for Ginnie Mae mortgage-backed securities remains despite Standard & Poor’s recent lowering of the long-term rating...... from Inside FHA Lending

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February 17, 2012

Top Sellers to GSE Multifamily MBS Pools in 2011

One data chart of the top sellers to GSE Multifamily MBS Pools in 2011.... from Inside MBS & ABS

February 16, 2012

House Democrats Dispute FHFA Study That Principal Reduction Would Cost $100 Billion, Demand Answers

The Federal Housing Finance Agency’s own data prove that reducing the principal owed on underwater Fannie Mae and Freddie Mac loans would...... from Inside Mortgage Finance

January 27, 2012

Distressed Sales Still Shape Market

If there was any question about what was driving the housing market in 2011, some year-end housing numbers have provided two clear answers:...... from Inside Mortgage Trends

January 6, 2012

MGIC Gets $200 Million to Boost Statutory Capital

MGIC Investment Corp. pumped $200 million into its ailing mortgage insurance operation, Mortgage Guaranty Insurance Corp., to increase its...... from Inside FHA Lending

News from Our Industry Newsletters

February 17, 2012

Compare Ratio Change May Hike Ginnie Prepays

Excluding streamlined FHA refinancing from the “Compare Ratio” loan review process to facilitate refinancing of underwater...... from Inside FHA Lending

February 10, 2012

Settlement Points to National Servicing Standards

One potential coup for the mortgage industry in the landmark multistate robosigning settlement announced this week is the detailed look at...... from Inside Mortgage Trends

February 3, 2012

Regulatory Complexity Threatens to Stall MBS/ABS Market Recovery, Experts Say

While a major regulatory concern of the past few years – the risk-retention rule – has yet to be resolved, the industry is squaring...... from Inside MBS & ABS

January 6, 2012

BofA, DOJ in Landmark Subprime Settlement

Bank of America and the Department of Justice recently agreed to the largest residential fair lending settlement in history – for $335...... from Inside Nonconforming Markets

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January 23, 2012

Regulatory Burden Cited as Biggest Issue for Originators

Regulatory burden will be the biggest issue for mortgage originators in 2012, according to recruiting firm Hammerhouse’s second annual...... from Inside Regulatory Strategies

November 23, 2011

FHFA, Executives Defend GSE Bonus Compensation

For an all too brief moment last week there was bipartisanship on Capitol Hill as exasperated Democrats and Republicans took turns questioning...... from Inside The GSEs

July 29, 2011

Non-Mortgage ABS Production Up Sharply in Second Quarter, Running Ahead of 2010 Pace

Significant increases in all major collateral categories pushed non-mortgage ABS issuance up 44.3 percent from the first to the second quarter...... from Inside MBS & ABS

July 29, 2011

HEL Performance Mixed, New Loans Limited

Serious delinquency rates on home-equity loans held by banks and thrifts continued to decline in the first quarter of 2011, according to the...... from Inside Nonconforming Markets

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November 23, 2011

Mortgage Securitization Issuance in 3Q11 Lags Primary Market; Securitization Rates Slow

Residential mortgage securitization rates declined in the third quarter of 2011, but surging volume in the primary market will push new MBS...... from Inside MBS & ABS

September 29, 2011

FHA Can’t Stop Officers of Firms with Unresolved Indemnification Pacts from Reentering Market

Former executives of mortgage companies that failed to indemnify the Department of Housing and Urban Development on FHA losses are back in...... from Inside Mortgage Finance

May 9, 2011

DoJ, HUD Sue Deutsche Bank, MortgageIT, Eschew Admin.

The Department of Justice and the Department of Housing and Urban Development last week announced they had filed a civil mortgage fraud...... from Inside Regulatory Strategies

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September 29, 2011

Redwood Still Flying New Non-Agency MBS With Just One Rating, But That’s All It Takes

Redwood Trust issued its second non-agency MBS of the year this week with just one rating, a sign of dramatic change in the role of credit...... from Inside MBS & ABS

July 15, 2011

Higher MIP Hurts FHA Lending, Lenders Say

Raising the annual mortgage premium by 25 basis points has resulted in some reduction in FHA lending but not so dramatic as to send lenders...... from Inside FHA Lending

May 19, 2011

Mortgage Market at a Glance

Weekly mortgage rates and application survey data as well as indexes for ARMs.... from Inside Mortgage Finance