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Trump Nominates Dr. Carson for HUD Secretary; Speculation Begins on FHA Premium Cuts

December 5, 2016
Cowen adds the nomination “also leaves the door open to FHA premium cuts, though the real driver of that will be the pick of an FHA commissioner.”
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Jumbo Servicing Up 10.2 Percent Year Over Year

December 5, 2016
Brandon Ivey
The volume of jumbo mortgages outstanding rose to an estimated $892.4 billion as of the end of September…
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AEI Slams NAR’s First-Time Homebuyer Stats

December 5, 2016
George Brooks
The National Association of Realtors defended its first-time homebuyer surveys…
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Now that the HUD Job is Settled, Speculation Begins on Trump’s Pick for FHA Commissioner

December 5, 2016
Paul Muolo
Cowen adds the nomination “also leaves the door open to FHA premium cuts, though the real driver of that will be the pick of an FHA commissioner.”
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SFIG Proposes Standards for ABS from Marketplace Lenders

December 5, 2016
Brandon Ivey
SFIG’s Marketplace Lending Committee includes 250 individuals representing more than 70 companies.
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HUD Eases FHA Outsourcing Rules. HR Departments in Play?

December 5, 2016
George Brooks
HUD decided to ease the HR rules in new guidance issued at the end of November...
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Agency MBS Production Slowed in November. Fannie Issuance Down Sharply

December 2, 2016
John Bancroft
Freddie Mac posted a 45.9 percent market share for November – 10.2 percentage points higher than in the previous month…
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Can a Former MBS Trader Successfully Privatize the GSEs? And What About the Government Guaranty?

December 2, 2016
Paul Muolo
Cowen & Co. believes there’s now a 65 percent chance that GSE reform will happen over the next two years.
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Allied Home Mortgage on the Hook for $93 Million of Damages in FHA Case

December 2, 2016
George Brooks
The case against Allied Home Mortgage stemmed from a “whistleblower” action filed in Boston back in 2011.
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Agency MBS Production Slowed in November as Fannie Issuance Fell Sharply from Previous Month

December 2, 2016
New production of agency single-family MBS in November was down 8.2 percent from the previous month, according to a preliminary Inside MBS & ABS analysis. Fannie Mae, Freddie Mac and Ginnie Mae issued a combined $134.70 billion of single-family MBS in November, the lowest monthly total since July. A decline wasn’t unexpected: the housing market is on the downslope of its seasonal trend and rising mortgage interest rates are taking some of the steam out of the refinance market. What is a little unusual is...[Includes two data tables]
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