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Hedging Losses Likely for Fannie and Freddie in 4Q18?

January 14, 2019
Paul Muolo
The more exaggerated the rate moves, the greater the gain or loss.
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Retail Channel Continues to Lose Market Share as Correspondent Surges

January 14, 2019
John Bancroft
Wholesale-broker activity saw roughly the same rate of decline as the retail channel did...
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What We're Hearing: The Otting Era Commences / Waiting on the Senate (It Didn’t Work for Michael Bright) / 11 Days In and All Shook Up / HFSC Chair Worries about Furloughed Workers and Delinquencies / Keep an Eye on Jan. 15 / The Milken Institute Weighs i

January 11, 2019
Paul Muolo
We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...
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What Michael Bright’s Resignation Might Mean for GSE Reform

January 11, 2019
Paul Muolo
The odds of GSE “recap and release” becoming a reality just went down…
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Lenders Not Liable for a Servicer’s RESPA Violation

January 11, 2019
Brandon Ivey
Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.
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Non-Agency MBS Issuance Faded in Fourth Quarter

January 11, 2019
John Bancroft
The ECM sector was one of the few that recorded MBS production gains during the fourth quarter…
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CFPB Report Raises Questions about Non-QMs, DTIs, Servicing and More

January 11, 2019
Brandon Ivey and Yemeng Yang
The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…
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GAO Says CFPB Lacks Process to Prioritize Risks

January 10, 2019
The Consumer Financial Protection Bureau needs a systematic process to prioritize consumer risks and focus its resources to address them, the Government Accountability Office said in a new report.
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Otting Takes Charge as FHFA Acting Director

January 10, 2019
Joseph Otting, the comptroller of the currency, added the title of the Federal Housing Finance Agency acting director to his brief this week, effectively bringing the Mel Watt era at the agency to an end.
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Mortgage Collectives Boost Membership in 2018

January 10, 2019
Memberships in mortgage collectives increased in 2018, despite a tough operating environment, as the firms offered various benefits to lenders.
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Latest Imf News

  • Subservicing Volume Down at Rocket, Cenlar in 2Q

  • Freddie Mac’s Mortgage Investment Portfolio Declines in August

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  • loanDepot Selling Scratch-and-Dent Loans in Non-Agency MBS

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Featured Data

  • Ginnie MBS Issuance Down in August as Refi Slide Continues

  • Banks Resume Adding to Mortgage Holdings in Second Quarter

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  • Jumbo Share of Originations Highest Since 2022

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