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Inside Mortgage Finance
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MSR Auctions Expected to Increase After Lull

July 27, 2023
Paul Muolo
Look for Wells Fargo to offer more of its holdings while other shops, bank and nonbank alike, contemplate their futures.
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Investors Turn Focus From Fix-and-Flips to Rentals

July 27, 2023
James Dohnert
Amid a housing supply crunch, investors are finding it more profitable to focus on rental properties instead of fix-and-flip homes.
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UI Calls for FHA, GSEs to Partner on Mortgage Access

July 27, 2023
Monica Hogan
The Urban Institute wants Fannie and Freddie to view FHA as a partner and share their data and underwriting models to assist in FHA’s mission.
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Federal Reserve Launches Instant Payment System

July 27, 2023
Dennis Hollier
Although FedNow might seem an ideal fit for mortgage settlements, it remains to be seen if the industry will embrace this technology.
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Robust MSR Trading Shapes Ranking of Agency Servicers

July 20, 2023
John Bancroft
The agency single-family servicing market grew more rapidly in the second quarter of 2023, with nonbanks racking up most of the gains. Ginnie remained the fastest-growing sector.
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The Early 2Q23 Tally: Strong Bank Originations

July 20, 2023
Paul Muolo
It’s all how you look at it. Right? The early results show a turnaround in bank mortgage lending on a sequential basis for the second quarter but ugly drops compared to a year ago. The problem: 7% mortgages.
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Home Prices Defy Expectations Amid High Interest Rates

July 20, 2023
Brandon Ivey
Home prices were expected to come down this year due to affordability issues stemming from high interest rates. Instead, home prices look fairly firm thanks to housing supply/demand dynamics.
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Federal Agencies Look to Sustain Equity Efforts

July 20, 2023
Monica Hogan
Experts call for ongoing, intentional and collaborative efforts across federal agencies to combat racial disparities in homeownership and access to housing financing.
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The Legacy of Angelo Mozilo: It’s Complicated

July 20, 2023
Paul Muolo
If ever there was a Horatio Alger story for the mortgage industry it’s Angelo Mozilo, the co-founder of Countrywide Financial. The recently deceased Mozilo proved that nonbanks could compete with the megabanks. Then the subprime crisis happened.
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Policymakers Vow to Step Up Appraisal Bias Actions

July 20, 2023
Monica Hogan
During the annual conference of the National Fair Housing Alliance this week, stakeholders outlined appraisal reform efforts.
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Latest Imf News

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Featured Data

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